4355 Avalon, Los Angeles, CA 90011
4355 Avalon, Los Angeles, CA 90011
4355 Avalon, Los Angeles, CA 90011
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$925,000
Est. payment /mo
4,608 Sqft Lot
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UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26086187

HOA Y/N No

Year Built 1905

Lot Size 4,608 Sqft

Property Sub-Type Apartment

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

Area C42 - Downtown L.A.

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5113014005

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

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Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737

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