- For Sale $5,495,000
- Property Type Retail
- Property Size 10,007 SF
- Lot Size 13,781 SF
- Year Built 1954
- Date Updated Apr 24, 2026
Description
JLL , as exclusive advisor, is pleased to present the opportunity to acquire 3318 West Jefferson Blvd . (the “Property”) located in the trendy and energetic West Adams area of Los Angeles, California . Desirably situated on Jefferson Blvd just two short blocks east of the intersection of Crenshaw Blvd, the Property consists of approximately 10 ,007 ± total square feet of improvements in three separate buildings with a large gated surface parking lot, situated on approximately 13 ,781 ± square feet of land on a prominent, highlyvisible corner . Prime Owner/User or Redevelopment, with Existing Income Stream – The Property offers the unique ability for an owner/user investor to occupy over 51 % of the Property for SBA financing, while benefitting from an existing income stream from four ( 4 ) fully occupied apartment units . Additionally, a value -add investor/developer could either substantially remodel and reimagine the existing Property or pursue a full redevelopment utilizing the benefit of the Property’s TOC Tier 3 designation and location within a Qualified OpportunityZone .
IDEALLY SITUATED ON A LARGE, HIGHLY VISIBLE CORNER LOT WITH 106 FEET OF PRIME JEFFERSON BLVD FRONTAGE, WITHIN TWO BLOCKS OF THE METRO EXPO STATION AT CRENSHAW VIBRANT AMENITY -RICH WEST ADAMS AREA, SURROUNDED BY SUBSTANTIAL REVITALIZATION AND REDEVELOPMENT, INCLUDING A BRAND -NEW CREATIVE OFFICE CAMPUS, AND RETAIL/MULTIFAMILY STRATEGIC TRANSIT -ORIENTED LOCATION, WITH QUICK ACCESS TO ALL AREAS OF WEST LOS ANGELES AND DOWNTOWN VIA THE 10 FREEWAY, EXPO AND MANY MAJOR THOROUGHFARES EXISTING APARTMENT UNITS PROVIDE IMMEDIATE INCOME STREAM FOR OWNER/USER (51%+ OCCUPANCY AVAILABLE NOW) OR INVESTOR/DEVELOPER DURING REDEVELOPMENT PLANNING
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Contacts
Jones Lang LaSalle
Jones Lang LaSalle
Jones Lang LaSalle