fbpx

$950,000
3 bed
3 bath
3,521 Sqft
4,620 Sqft lot

4355 S Avalon Boulevard, Los Angeles, California 90011

  • Residential Income Property Type
  • 93 Days Time on market
  • $270 Price per sqft
  • 1905 Year Built
Property Description

We are pleased to present 4355 S Avalon Blvd, a 6-unit mixed-use property located in the Historic South Central neighborhood of South LA. The property is comprised of 5 apartments (including a fully permitted detached ADU built in 2022) and 1 commercial unit. The building has an excellent unit mix of (1) Studio, (2) 1 Bed, 1 Bath units, (2) 2 bed/1 Bath units, and (1) Commercial unit, currently leased to a market. This rare investment opportunity offers strong cash flow and significant rental upside potential in a central South LA location. 4355 S Avalon Blvd is centrally located just 2.4 miles from USC and 3.5 miles from Downtown with convenient access to the 110 freeway and walkability to Gilbert Lindsay Recreation Center, South Park Recreation Center, and George Washington Carver Middle School.South Los Angeles has seen significant rent growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600 and Section 8 Voucher Payment Standards rising up to $3,052. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.

Basic Details
Residential Income
Buy
24391909
$950,000
3
3
3,521 Sqft
1905
4,620 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
: Wall/window Unit(s)
: Gas Range, Range
: Gated
2
$0
Address
CA
Los Angeles
Los Angeles
90011
4355 S Avalon Boulevard
4355
Boulevard
0
W119° 44' 3.8''
N34° 0' 16.4''
S
Additional Information
93
1
2
0
: One
1
3,521 Sqft
0 Sqft
0 Sqft
: Other
0.11 Sqft
4,620 Sqft
1
0 Sqft
LAC2
5113014005
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
14/05/2024 13:11:52
$1,000,000
: Standard
Avalon Blvd & Vernon Ave
Rosano Partners
Brandon Evans
CLW-X74822
CLW-C142622
$0
6.58
1
1
1
0
0
1
4
6
AdditionsAlterations
Gated Community
107283
US-06037-N-5113014005-R-N
14/05/2024 20:24:31
Avalon
C42 - Downtown L.A.
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$