4355 S Avalon Blvd, Los Angeles, CA 90011

$1,100,000
3,521
SqFt
List Price
$1,100,000
MLS#
24-391909
Year Built
1905
Living Sq. Ft
3,521
Lot Size
4,620
Days on Market
13
Property Type
Multifamily
Stories
2

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.

Additional Information

Other Buildings
Accessory Bldgs
Heat
Wall
Cooling
Wall/Window
Number of Cars in Garage
None
Water
Public

Mortgage Calculator

Amount of Loan
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Calculator source: Real Geeks

Courtesy of Rosano Partners, Brandon Evans - CA DRE#02058494

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