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$1,495,000
7 bed
7,615 Sqft
7,286 Sqft lot

4351 S Western Avenue, Los Angeles, California 90062

  • Residential Income Property Type
  • 108 Days Time on market
  • $196 Price per sqft
  • 1922 Year Built
Property Description

4351 S Western Ave, a prime investment opportunity in the vibrant community of South Los Angeles. This mixed-use property offers a dynamic combination of 6 residential units on the second floor and 2 commercial storefront spaces on the first floor. Currently, three of the residential units are vacant, renovated, and ready for immediate occupancy, presenting an excellent opportunity for prospective tenants.Boasting a total building size of 7,615 square feet and a spacious lot measuring 7,284 square feet, this property is a cash cow for savvy investors, operating at an attractive 6.31% cap rate. The LAC2 zoning adds versatility, allowing for various commercial uses and contributing to the property’s appeal.The strategic location of 4351 S Western Ave ensures a steady flow of potential tenants and customers, making it an ideal investment in the bustling heart of South Los Angeles. In addition to its financial allure, the property features ample parking space in the rear, accommodating up to 8 cars, enhancing convenience for both residents and commercial tenants.Whether you’re an experienced investor or entering the real estate market, this property offers a compelling blend of contemporary living spaces and thriving commercial potential. Seize the opportunity to own and operate this gem in South Los Angeles, where modernity meets investment excellence. Please do not disturb the tenants. One of the listing agents is related to the Seller. All showings will be subject to an accepted offer.

Basic Details
Residential Income
Buy
24353081
$1,495,000
7
7,615 Sqft
1922
7,286 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Wall/window Unit(s)
8
$0
Address
CA
Los Angeles
Los Angeles
90062
4351 S Western Avenue
4351
Avenue
0
W119° 41' 26.7''
N34° 0' 16.1''
S
Additional Information
108
2
2
8
: Two
1
7,615 Sqft
0 Sqft
0 Sqft
0.17 Sqft
7,286 Sqft
1
0 Sqft
LAC2
5021025001
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
30/01/2024 09:46:38
$1,595,000
: Standard
Western Ave & Vernon Ave
Destrahan
Harry Hurst
RE/MAX One
Chase Simonton
CLW-X01091
CLW-X85641
$0
6.82
1
1
0
0
1
1
8
163368
US-06037-N-5021025001-R-N
02/02/2024 01:25:42
Western
PHHT - Park Hills Heights
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