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$ 975,000
Est. payment | /mo
2,918 SqFt
$ 975,000
Est. payment | /mo
2,918 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,918 sqft
Price per Sqft $334
MLS Listing ID 25621013
HOA Y/N No
Year Built 1905
Lot Size 4,621 Sqft
Property Description
4355 Avalon Blvd, Los Angeles, CA 90011 is a well-located mixed-use value-add opportunity featuring five residential units and one storefront retail space, offering immediate cash flow with meaningful rent growth potential. Situated on a 4,609 SF LAC2-1-CPIO-zoned lot within a Tier 3 Transit-Oriented Communities (TOC) area, the property benefits from flexible zoning that supports long-term redevelopment potential and strategic unit modernization. Built in 1905, the 3,200 SF building consists of (2) 2-bed/1-bath units, (2) 1-bed/1-bath units, (1) studio, and (1) retail unit, all subject to strong tenant demand in the South Los Angeles submarket. Current occupancy is 66%, providing immediate upside through lease-up, renovation, and bringing rents to marketsupported by robust Section 8 voucher standards and local rent comparables. The location offers excellent accessibility near Vernon Ave, major transit corridors, neighborhood retail, and employment centers, while benefiting from proximity to rapid growth and major developments throughout South LA and Inglewood.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LAC2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features Driveway
Total Parking Spaces 6
Building
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 5113014005
Special Listing Condition Standard
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
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