tomo logo

$950,000

Beds
Unknown
sq ft
3,521

4355 Avalon Blvd, Los Angeles, CA 90011

4355 Avalon Blvd

Los Angeles, CA 90011

  • 130 days on market
    • Price drop $50,000↓
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.

Details

Property type

Lot size

4,620 sq ft

Price per sq ft

$270

Year built

1905

HOA

No

Price History

09/17/2024
CLAW

CLAW #24391909

Listed
$950,000
09/15/2024
CLAW

CLAW #24391909

Removed
$950,000
08/05/2024
CLAW

CLAW #24391909

Price change
$950,000
-5%

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Status: Active

Tomo last checked: 09/20/2024 at 11:50 PM

Listing updated: 09/17/2024 at 11:19 AM

Listed by: Brandon Evans, Rosano Partners Phone #: (213) 802-0305

MLS: CLAW #24391909

CLAW logo

Recently listed in Los Angeles