4355 S Avalon Boulevard, Los Angeles, CA 90011
-
Listed Price :
$950,000
-
Beds :
0
-
Baths :
-
Property Size :
3,521 sqft
-
Year Built :
1905
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.
Interior Features
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
4355 S Avalon Boulevard |
| City |
Los Angeles |
| State |
CA |
| Zip |
90011 |
| County |
Los Angeles |
| Listing Agent |
Brandon Evans DRE #02058494 |
| Courtesy Of |
Rosano Partners |
| List Price |
$950,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,521 |
| Lot Size |
4,620 |
| Year Built |
1905 |
Listing information courtesy of: Brandon Evans, Rosano Partners. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 17th, 2024 at 6:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
