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$ 975,000
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Active
4355 Avalon Boulevard Los Angeles, CA 90011
2,918 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 2,918 sqft
Price per Sqft $334
MLS Listing ID CL25621013
HOA Y/N No
Year Built 1905
Lot Size 4,620 Sqft
Acres 0.11
Property Sub-Type Other
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
Zoning LAC2
Interior
Heating None
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 5113014005
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Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.