4355 South Avalon Boulevard
4355 South Avalon Boulevard
$1,100,000
3
3
3,521
3,521
$312
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...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.
- Listed by Brandon Evans • DRE #02058494 • Brokerage DRE #01380809 • Rosano Partners
Property Details for 4355 South Avalon Boulevard
Zoning
LAC2
Cross StreetsAvalon Blvd & Vernon Ave
Parcel Number5113014005
Total Units6.0
Living Area3521
Source Living AreaOther
AreaDowntown L.A. (C42)
Vacancy Rate0
Location
LISTING UPDATED: 05/22/2024 12:01 AM
Property Details for 4355 South Avalon Boulevard
Status | Active |
---|---|
MLS # | 24-391909 |
Days on Market | 29 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1905 |
Lot Size | 0.11 AC / 4,620 SF |
County | Los Angeles County |
Location
Building Information for 4355 South Avalon Boulevard
Stories2Residences-Year Built1905Building Size-Lot Size0.11 AC / 4,620 SF
Payment Calculator
$6,782 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 4355 South Avalon Boulevard
Property History for 4355 South Avalon Boulevard
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4355 South Avalon Boulevard
Taxable ValueLand$388,243Additions$349,966Total$738,209
Tax Record2023$9,345 ($779 / month)
Home Facts
Total Finished SqFt2,918 SqFtAbove Grade Finished SqFt2,918 SqFtStories1Lot Size4,620 SqFtStyleOffice BuildingYear Built1905ZoningLAC2CountyLOS ANGELESAPN5113-014-005
Schools near 4355 South Avalon Boulevard
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | K to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Harmony Elementary School PublicK to 5 | ||
Accelerated School CharterK to 8 | ||
Thomas Jefferson Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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