Commercial

1986 W Jefferson Blvd

Listing Price: $1,195,000

Lot Size
0.12 acres
Price/Acre
$9,686,304
Land Type
Land

Investment Overview

Marcus and Millichap is pleased to present 1986 Jefferson Boulevard, a prime owner user / covered land play opportunity in historic Jefferson Park. 1986 Jefferson Boulevard is ideally located between Western Avenue and Arlington Avenue and less than a mile from the Western Exposition Station, providing convenient access to Downtown, Culver City, West LA, and Santa Monica. The property is also located just 1.5 miles from USC, one of the most coveted universities in the nation. Previously occupied by Perry Meadows Learning Center (Pre-School), the asset allows for a multitude of uses. Jefferson Park is a 1.28-square-mile neighborhood. It is bounded by the Santa Monica Freeway on the north, Crenshaw Boulevard on the west, South Western Avenue and Arlington Avenue on the east and Jefferson Boulevard and Obama Boulevard on the south.

Investment Highlights

  • A Prime Vacant Owner/User Development Opportunity
  • Transit Oriented Communities Tier 1, allowing for up to 50% Density Bonus for a Potential Multifamily Development of up to 23 Allowable Units
  • Three Current Parking Spaces with Room to add Three-Five Additional Places

Exclusively Listed By

Listing Price: $1,195,000

Lot Size
0.12 acres
Price/Acre
$9,686,304
Land Type
Land

Investment Highlights

  • A Prime Vacant Owner/User Development Opportunity
  • Transit Oriented Communities Tier 1, allowing for up to 50% Density Bonus for a Potential Multifamily Development of up to 23 Allowable Units
  • Three Current Parking Spaces with Room to add Three-Five Additional Places

Investment Overview

Marcus and Millichap is pleased to present 1986 Jefferson Boulevard, a prime owner user / covered land play opportunity in historic Jefferson Park. 1986 Jefferson Boulevard is ideally located between Western Avenue and Arlington Avenue and less than a mile from the Western Exposition Station, providing convenient access to Downtown, Culver City, West LA, and Santa Monica. The property is also located just 1.5 miles from USC, one of the most coveted universities in the nation. Previously occupied by Perry Meadows Learning Center (Pre-School), the asset allows for a multitude of uses. Jefferson Park is a 1.28-square-mile neighborhood. It is bounded by the Santa Monica Freeway on the north, Crenshaw Boulevard on the west, South Western Avenue and Arlington Avenue on the east and Jefferson Boulevard and Obama Boulevard on the south.

Exclusively Listed By

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