- 3 beds
- 2 baths
- 1,963 sqft
- 5,355 sqft lot
- $624 per sqft
- 1895 build
- – on site
More homes
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. ***
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Last updated Dec 8, 2024
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MLS# DW21261683 —
The Building
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Year Built:1895
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick, Concrete, Drywall Walls, Plaster, Stucco, Unknown
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Total Number Of Units:2
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Architectural Style:Custom Built, Modern
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Roof:Composition, Shingle
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Foundation:Combination, Raised, Slab
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Structure Type:Mixed Use
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Exterior Features:Lighting, Rain Gutters
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Stories Total:1
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Entry Level:1
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Patio And Porch Features:Concrete, Slab
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Patio:1
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Accessibility Features:None
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Common Walls:No Common Walls
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Faces:South
Interior
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Features:Block Walls, Built-in Features, Ceiling Fan(s), Ceramic Counters, Crown Molding, Pantry, Storage
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Levels:One
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Entry Location:1
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Kitchen Features:Tile Counters
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Eating Area:Dining Room
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Window Features:Double Pane Windows, Drapes
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Flooring:Laminate, Tile, Vinyl, Wood
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Room Type:All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bedroom, Office
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Living Area Units:Square Feet
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Living Area Source:Assessor
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Fireplace:No
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Fireplace:None
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Laundry:Gas & Electric Dryer Hookup, Individual Room
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Laundry:1
Room Dimensions
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Living Area:1963.00
Financial & Terms
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Disclosures:Accessory Dwelling Unit, City Inspection Required, Rent Control
Location
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Directions:CA-10, Exit Normandie Ave.. South on Normandie Ave., West on Jefferson, 2nd Property on Northeast Side, Facing South, 1317 W. Jefferson Dr., Los Angeles, CA 90007
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Latitude:34.02572100
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Longitude:-118.29512000
The Property
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Property Type:Residential
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Subtype:Commercial/Residential
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Property Condition:Additions/Alterations, Fixer
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Zoning:LAC2
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Lot Features:0-1 Unit/Acre, Back Yard, Front Yard, Level, Near Public Transit, Park Nearby, Patio Home, Paved, Value In Land
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Lot Size Area:5355.0000
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Lot Size Acres:0.1229
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Lot Size SqFt:5355.00
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Lot Size Source:Assessor
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View:1
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View:Neighborhood
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Fencing:Average Condition, Block, Brick, Masonry, Privacy, Wrought Iron
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Fence:Yes
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Exclusions:Any and all property determined to be personal.
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Additional Parcels:No
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Other Structures:Guest House, Outbuilding, Shed(s), Storage
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Land Lease:No
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Lease Considered:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2219.00
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Tax Tract:2219
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Tax Lot:113
Beds
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Total Bedrooms:3
Baths
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Total Baths:2
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Bathroom Features:Shower in Tub, Exhaust fan(s), Tile Counters
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Full & Three Quarter Baths:2
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Full Baths:2
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5040024023
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Utilities:Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
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Sewer:Public Sewer, Unknown
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Electric:Electricity - Unknown
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Water Source:Public
Appliances
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Appliances:Disposal, Gas & Electric Range, Gas Oven, Gas Water Heater, Range Hood
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Included:Yes
Schools
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High School District:Los Angeles Unified
The Community
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Features:Curbs, Gutters, Park, Sidewalks, Storm Drains, Street Lights, Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:Yes
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Assessments:Unknown
Parking
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Parking:Yes
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Parking:Covered, Driveway, Concrete, Paved, On Site, Parking Space, Tandem Uncovered, Uncovered
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Parking Spaces:4.00
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Uncovered Spaces:4.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/19/22
Jan 19, 2022
|
Sold | CRMLS_CA | $1,225,000 | -18.3% |
12/21/21
Dec 21, 2021
|
Pending | CRMLS_CA | $1,500,000 | |
12/8/21
Dec 8, 2021
|
Listed / Active | CRMLS_CA | $1,500,000 |