
Los Angeles, California 90018
Analysis of 2829 W Jefferson, Los Angeles, California 90018 is currently available with a list price of $2,699,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1924 and over 100 years old with no mention of major renovations, this property falls into the poor category. The exterior shows significant deferred maintenance, including stained stucco and exposed wiring, indicating that the internal systems (HVAC/Electric) and kitchens/baths likely require a full rehab to meet modern safety and functional standards.
This mixed-use asset features a robust combination of seven residential units and three commercial retail spaces, providing a diversified income portfolio that mitigates risk across different market sectors.
The property is equipped with separate gas and electric meters for every unit, significantly reducing the owner's operating expenses by shifting utility costs directly to the tenants.
The inclusion of four 3-bedroom units is a significant advantage in the Los Angeles rental market, as larger units are highly sought after by families and typically command premium rents.
Built in 1924, the property likely faces high maintenance costs and may require substantial capital investment for modern upgrades or compliance with Los Angeles seismic retrofit ordinances.
Managing a fully occupied 10-unit mixed-use building involves navigating complex commercial leases alongside residential rent control regulations, requiring intensive oversight and professional management.
Excellent opportunity to own this residential/commercial property consisting of, 4 units (3 bedrooms/1 bathroom) 3 units (1 bedroom/1 bathroom) 1 retail space (clothing store) 1 retail space (barber shop) 1 retail space (liquor store) Please call the Agent with any questions....... all units are tenant occupied with gas and electric meter for each unit.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 7,088 | 6,215 | 67% |
| Lot Size | 6,207 | 6,724 | 33% |
| Price | $2.70M | $2.02M | 67% |
| Price per sq ft | $381 | $381 | 50% |
| Built year | 1924 | 1944 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 96 | 33% |
May 8, 2026
$2,699,000
Initial Listing
Dec 17, 2009
$75,000
Public Record
Nov 30, 2007
$10,000
Public Record
Mar 23, 2001
$3,000
Public Record
Jan 28, 1997
$5,000
Public Record