SOLD
$1,225,000
Date 01/19/2022

1317 W Jefferson Boulevard
Los Angeles, CA 90007

Single Family, Mixed Use
Residence
3
Beds
2
Baths
1,963
Sqft
0.1229
Lot Size
Listing Agent: Wilbert Alvarado CalDRE: 01982771 - Re/Max Top Producers
GREAT OPPORTUNITY AND INVESTMENT IN EXPOSITION PARK!!! THIS C-2 ZONED PROPERTY IS RIGHT IN THE HEART OF LOS ANGELES!!! BORDERED BY JEFFERSON PARK, LEIMERT PARK, UNIVERSITY PARK, HYDE PARK, VERMONT SQUARE, AND THE HISTORIC WEST ADAMS DISTRICTS, THIS EQUITY-BUILDING, CASH-FLOWING, TAX-SHELTERING, AND CASH-ON-CASH RETURNING PROPERTY MAY HAVE THE ABILITY TO BUILD ADDITIONAL UNITS [13-21 UNITS DEPENDING ON TRANSIT COMMUNITIES’ ORDINANCE (“TOC”)]. "JUST" BLOCKS AND WALKING DISTANCE TO UNIVERSITY OF SOUTHERN CALIFORNIA ("USC"), THE LOS ANGELES MEMORIAL COLISEUM, CROMWELL FIELD, DEDEAUX FIELD, GALEN CENTER, AND EASILY ACCESSIBLE TO BUS / TRAIN / SUBWAY STATIONS, ETC., THIS PROPERTY RETAINS TREMENDOUS UPSIDE POTENTIAL AND AMPLE ROOM FOR GROWTH! THIS PROPERTY IS AT A COMPETITIVE PRICE, WITH AN EXTRAORDINARY AMOUNT OF UPSIDE IN RENT APPRECIATION--THERE IS A HUGE AMOUNT OF GENTRIFICATION IN THE REGION, PROVIDING AN INFINITE NUMBER OF OPPORTUNITIES. THIS GREAT PROPERTY IS ACROSS THE STREET FROM AN EVEN LARGER LOW-INCOME STUDENT HOUSING PROJECT CONDUCTED BY KANSAS CITY DEVELOPMENT FIRM "THE PRIME COMPANY" AND/OR "ELSEY PARTNERS. IT'S A PERFECT PROPERTY FOR SOMEONE LOOKING TO LIVE, RENT OUT, BUILD OTHER UNITS, OR EVEN HOLD AS A LONG-TERM ASSET!!! LOTS OF UPSIDE POTENTIAL!!! AN EXCELLENT OPPORTUNITY TO CONDUCT A 1031 EXCHANGE!! THIS IS A GROWING MARKET WITH EXPONENTIAL RETURNS!!! DON'T WAIT UNTIL IT'S TOO LATE!!! DO NOT MISS THIS GOLDEN OPPORTUNITY!!! *** Buyer(s) and their agent(s), broker(s), partner(s), and advisor(s) is/are to satisfy themself(ves) with, and determine, the accuracy of the information provided herein on their own volition, including, but not limited to, square footage, room count, permits, plans, and/or any and all other features. ***
DW21261683
Single Family, Mixed Use, 1 Story
3
Los Angeles
2 Full
1895
0.1229 Acres
Public
1
Brick,Stucco
Public Sewer,Unknown
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

Listing Agent: Wilbert Alvarado CalDRE: 01982771 - Re/Max Top Producers
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