$1,695,000
$200K PRICE DROP

Estimated payment $10,180/month

Total Views 1,796
-- Bed
-- Bath
2,109 Sq Ft
$804 Price per Sq Ft

Highlights

  • Gated Parking
  • Gated Home
  • 1-Story Property

About This Home

964 E Jefferson Blvd presents a Ready-to-Issue ED-1 development opportunity in South Los Angeles, offered at $25K per buildable unit and positioned for developers seeking a low-basis project with entitlement progress already in place. The property consists of an 8,950 SF C2-1-CPIO Tier 1 zoned corner lot with RTI plans for a 71-unit, 5-story multifamily project, with potential for 2 additional ADUs after Certificate of Occupancy. The proposed development includes approx. 29,000 SF of total building area, approx. 25,085 SF of rentable residential area, and approx. 831 SF of additional ADU rentable area possible. The project has been planned with a modern contemporary design, a straightforward stacked layout, and Type III construction built on slab at grade. The unit mix includes studios, 1-bed, and 2-bed residences, creating a practical housing program for renters seeking access to USC, Exposition Park, Downtown Los Angeles, and nearby transit. The project is designed without on-site car parking, supported by a walkable, bikeable location with transit access, giving the future building a clear position within a renter market increasingly shaped by mobility, affordability, and proximity to major destinations. Located on a highly visible corner near Synergy Charter Academy and approx. one block from the Los Angeles Police Department Newton Community Police Station, 964 E Jefferson Blvd benefits from convenient access to the 110 Freeway, USC, BMO Stadium, the LA Memorial Coliseum, Downtown Los Angeles, and the Arts District. The property is also approx. 1.3 miles from the Jefferson/USC Metro light rail station, giving the future project a more specific transit connection within the broader USC and Exposition Park area. The corner orientation also gives the proposed building stronger visibility, better natural light, and a more defined street presence than a typical mid-block development site. With RTI status, ED-1 density, approx. 25,085 SF of planned rentable residential area, potential ADU expansion, no on-site car parking, and a low $25K per buildable unit basis, 964 E Jefferson Blvd offers developers a defined path toward execution in a connected South Los Angeles location just south of Downtown Los Angeles.

Listing Agent

Max Berger

Compass License #02054048 Listed on: 05/28/2026

Compass

Co-Listing Agent

John Cabeso

Compass License #02057255

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1895

Lot Details

  • 8,954 Sq Ft Lot
  • Gated Home

Interior Spaces

  • 2,109 Sq Ft Home
  • 1-Story Property

Parking

  • 4 Parking Spaces
  • Gated Parking

Listing and Financial Details

  • Assessor Parcel Number 5114-015-022

Property Details

Home Type

Multi-Family

Year Built

Built in 1895

Lot Details

8,954 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 2109
  • Stories: 1
  • Year Built: 1895
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: Attached
  • Price Per S Q F T: 803.70

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Gated
  • Total Parking: 4

Utilities

  • Security: Gated

Lot Info

  • Assessor Parcel Number: 5114-015-022
  • Lot Size Area: 8954

Multi Family

  • Unit Type: 2106
  • Number Of Units: 1
  • Type Of Units: Apartments

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $12,296 $969,000 $683,400 $285,600
2024 $7,945 $599,836 $517,586 $82,250
2023 $7,803 $588,076 $507,438 $80,638
2022 $7,462 $576,546 $497,489 $79,057
2021 $971 $565,242 $487,735 $77,507
2019 $973 $548,478 $473,269 $75,209
2018 $758 $537,725 $463,990 $73,735
2017 $6,825 $527,183 $454,893 $72,290
2016 $6,664 $516,847 $445,974 $70,873
2015 $504 $509,085 $439,276 $69,809
2014 $764 $499,114 $430,672 $68,442
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/14/2026 07/14/26 Price Changed $1,695,000 -10.6% $804 / Sq Ft
05/28/2026 05/28/26 For Sale $1,895,000 +99.5% $899 / Sq Ft
01/25/2024 01/25/24 Sold $950,000 -5.0% -- View Prior Sale
11/23/2023 11/23/23 Pending -- -- --
10/01/2023 10/01/23 Price Changed $1,000,000 -16.7% --
07/27/2023 07/27/23 Price Changed $1,200,000 -19.9% --
07/14/2023 07/14/23 For Sale $1,499,000 -- --
Source: The MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $950,000 First American Title
Grant Deed -- Pacific Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed -- New Conventional
Closed $50,000 Commercial
Closed $52,000 Commercial
Closed $62,000 Commercial
Source: Public Records

Source: The MLS

MLS Number: 26844651

The MLS

APN: 5114-015-022

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