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$ 925,000
Est. payment /mo
New
4355 Avalon Los Angeles, CA 90011
4 Beds
4 Baths
4,609 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26086187
Bedrooms 4
Lot Size 4,609 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
4355 Avalon Blvd presents investors with a strong opportunity to acquire a mixed-use asset offering excellent in-place cash flow with attractive existing rents and a diverse unit mix. The property consists of (1) Studio, (2) 1 Bed/1 Bath, (2) 2 Bed/1 Bath, and (1) ground-floor commercial retail space with frontage along Avalon Blvd, providing both residential stability and retail visibility. The units are spread out over 3,200 square feet on a 4,609 square foot lot, zoned LAC2-1-CPIO, offering flexibility for a variety of commercial and residential uses. The property is currently 83% occupied, offering investors immediate upside through leasing the remaining units at market rents, projecting a 6.53% Cap Rate and 8.48 GRM. Strategically located in a growing South Los Angeles corridor, the property benefits from close proximity to major employment centers, transportation routes, and ongoing neighborhood development, making it an attractive opportunity for investors seeking strong current income with long-term upside.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Vernon Ave between San Pedro and Central Ave
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5113014005
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Listed by Aaron Jacobson, DRE#02100737 Lyon Stahl Investment Real Estate, Inc.
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