$5,950,000

Estimated payment $37,389/month

Total Views 665,106
-- Bed
4 Baths
15,650 Sq Ft
$380 Price per Sq Ft

Highlights

  • 0.48 Acre Lot
  • Double Door Entry
  • 1-Story Property
  • High Ceiling

About This Home

The subject property will be delivered vacant. Located at 170 E. Jefferson Blvd, Los Angeles, CA 90011, this versatile 15,650 SF industrial/creative flex building with a 3,500 SF mezzanine office presents an exceptional opportunity for both owner-users and investors. Currently used as an office studio, sample room, and warehouse, the property offers a unique blend of sandblasted brick walls and hardwood flooring that enhance its aesthetic appeal. The property features 12 parking spaces and is located in an Enterprise/Opportunity Zone area.

Listing Agent

Seth Polen

Seth Polen License #01133279

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50,912

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 0.48 Acre Lot
  • Sprinkler System

Home Design

  • Split Level Home
  • Flat Roof Shape

Interior Spaces

  • 4 Bathrooms
  • 15,650 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Door Entry
  • Microwave

Home Security

  • Alarm System
  • Fire Sprinkler System

Parking

  • 12 Open Parking Spaces
  • 12 Parking Spaces
  • Private Parking
  • Automatic Gate

Listing and Financial Details

  • Assessor Parcel Number 5120-007-002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50,912

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Multi/Split, One
  • Street Number Display: Yes
  • Alley: No
  • Living Area: 15650
  • Lot Acreage: 0.4824
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1924
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 4.00
  • Equipment: Microwave, Alarm System
  • Price Per S Q F T: 380.19

Exterior Features

  • Other Features: High Ceilings (9 Feet+), Double Door Entry, Sprinkler System
  • Other Structures: None
  • Roof: Flat

Garage/Parking

  • Other Spaces: 12
  • Parking Garage: Private
  • Total Parking: 12

Utilities

  • Volt 220: 220V Throughout
  • Cooling: Air Conditioning
  • Security: Fire Sprinklers, Automatic Gate

Lot Info

  • Assessed Improvement Percent: 40.54
  • Assessed Improvement Value: 1640468
  • Assessed Land Percent: 59.46
  • Assessed Land Value: 2406018
  • Total Assessed Value: 4046486
  • Assessor Parcel Number: 5120-007-002
  • Lot Size Area: 21013

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106
  • Number Of Units: 1
  • Total Annual Expense: 0
  • Type Of Units: 1
  • Vacancy Rate: 0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $50,912 $4,046,486 $2,406,018 $1,640,468
2023 $49,949 $3,967,144 $2,358,842 $1,608,302
2022 $47,677 $3,889,358 $2,312,591 $1,576,767
2021 $47,039 $3,813,097 $2,267,247 $1,545,850
2019 $29,954 $2,362,666 $923,087 $1,439,579
2018 $29,395 $2,316,340 $904,988 $1,411,352
2016 $27,988 $2,226,397 $869,848 $1,356,549
2015 $27,592 $2,192,956 $856,783 $1,336,173
2014 -- $630,292 $431,617 $198,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2025 01/14/25 For Sale $5,950,000 -- $380 / Sq Ft
Source: The MLS

Deed History

Date Type Sale Price Title Company
Grant Deed $3,700,000 Chicago Title Company
Grant Deed $2,150,000 Chicago Title Company
Interfamily Deed Transfer -- --
Grant Deed $460,000 --
Trustee Deed $470,531 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 Credit Line Revolving
Open $2,500,000 Credit Line Revolving
Previous Owner $400,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $1,075,000 Commercial
Previous Owner $886,000 Commercial
Previous Owner $1,200,000 Commercial
Previous Owner $484,000 Commercial
Previous Owner $368,000 Commercial
Source: Public Records

About the Listing Agent

Seth Polen

Seth Polen

(855) 927-0137

Section Image

Seth Polen was born and raised in Albany, New York. He attended the prestigious Albany Academy before heading west to attend San Diego State University as a Division I Track and Field 800m runner. While developing himself into an Olympic caliber athlete, Seth also developed his interests in real estate. He prepared himself to succeed outside of the world of athletics with a degree in Urban Planning.

Mr. Polen attributes his success in commercial real estate to the levels of discipline

Seth's Other Listings

  • 281 S Avenue 52, Los Angeles, CA 90042

    $4,528,888

    • 43 Beds
    • 24 Baths
    • 19,828 Sq Ft
    • 281 S Avenue 52
    • Los Angeles, CA

    Lacy Real Estate is delighted to present a charming 24-unit apartment building in the red-hot Los Angeles neighborhood of Highland Park. Built in 1961, this 19,828 improvement is situated on a large 29,751 SF lot. The unit mix is comprised of 5 (1 Bed/1 Bath) Units, 18 (2 Bed/1 Bath) Units, and 1 (2Bed/2 Bath) Units.

    Seth Polen Seth Polen

    Section Image
  • 8380 Waring Ave Unit 102, Los Angeles, CA 90069

    $1,090,000

    • 2 Beds
    • 2 Baths
    • 1,388 Sq Ft
    • 8380 Waring Ave
    • Unit 102
    • Los Angeles, CA

    Elevate your lifestyle in this expansive 1,388 sq. ft. corner-unit condo, meticulously designed by renowned architect Kenneth Dillion (AIA). This front-facing, north-oriented residence offers two spacious patios, seamlessly blending indoor and outdoor living in a prime West Hollywood adjacent location. Recently remodeled with solid wood cabinetry in the kitchen and guest bath-room, 3/4" maple

    Seth Polen Seth Polen

    Section Image
  • 2445 Winthrop Dr, Alhambra, CA 91803

    $1,080,000 Sold May 08, 2024

    • 6 Beds
    • 6 Baths
    • 3,596 Sq Ft
    • 2445 Winthrop Dr
    • Alhambra, CA

    2445 Winthrop Drive, is an excellent investment opportunity situated in HistoricAlhambra Hills Location. This multifamily property boasts 6 units and offers a lucrative prospect for investors seeking substantial rental upside potential.

    Seth Polen Seth Polen

  • 1344 Londonderry Place, Los Angeles, CA 90069

    $2,450,000 Sold Nov 18, 2024

    • 4 Beds
    • 2.5 Baths
    • 2,374 Sq Ft
    • 1344 Londonderry Place
    • Los Angeles, CA

    Located just North of Sunset Boulevard and West of La Cienega in Sunset Plaza, 1344 Londonderry Place has been under the same ownership for over 70 years. The home holds a rich history, originally built in 1942 for Austrian cinematographer Franz Planer, who was nominated for several academy awards. This charming residence, featuring a single-story layout with a basement and a 2-car garage,

    Seth Polen Seth Polen

  • 306 W Valley Blvd, San Gabriel, CA 91776

    $3,100,000 Sold Sep 30, 2024

    • 6 Baths
    • 8,080 Sq Ft
    • 306 W Valley Blvd
    • San Gabriel, CA

    The subject property will be delivered vacant. Presenting a fantastic opportunity to own or invest in a freestanding well-maintained commercial property in the heart of San Gabriel. This two-story 8,080square foot commercial building is ideally situated on a 12,299 square foot lot, offering ample space for various business needs. With its prime location and close proximity to the 10 freeway,

    Seth Polen Seth Polen

Source: The MLS

MLS Number: 25-482839

The MLS

APN: 5120-007-002