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5101-5117 W Jefferson Blvd - Premier West Adams Development Site
0.62 Acres of Commercial Land in Los Angeles, CA 90016
Investment Highlights
- Rare opportunity to acquire a .62-acre hard corner at signalized intersection of Jefferson and La Brea
- Well positioned to provide intermediate cash-flow through re-tenanting or entitlement process
- Walking distance to La Brea/Jefferson Expo Line
Executive Summary
The existing improvements consist of a single tenant net lease Jack in the Box drive thru. The current lease term expires July 2024 with one final option period that expires July 2029.
Property Facts
1 Lot Available
Lot
Lot Size | 0.62 AC |
Lot Size | 0.62 AC |
Two adjacent parcels with a total of 26,864 SF on the northwest corner of the Jefferson/La Brea intersection.
Description
±.62 acre urban infill development site in West Adams. A corner parcel located on a prominent intersection with the Expo/La Brea Metro Station. The site and location provide a range of development opportunities including commercial, retail and mixed use. Existing improvements consist of a single tenant net lease Jack in the Box drive thru. The current lease term expires July 2024 with one final option period that expires July 2029.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $938,174 | |
Land Assessment | $3,350,628 | Total Assessment | $4,288,802 |
PROPERTY TAXES
zoning
Zoning Code | CM-2D-CPIO (Hybrid Industrial) |
CM-2D-CPIO (Hybrid Industrial) |
Presented by
5101-5117 W Jefferson Blvd - Premier West Adams Development Site
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