4351 South Western Avenue
$1,495,000
7
8
7,615
7,615
$196
Description
4351 S Western Ave, a prime investment opportunity in the vibrant community of South Los Angeles. This mixed-use property offers a dynamic combination of 6 residential units on the second floor and 2 commercial storefront spaces on the first floor. Currently, three of the residential units are vacant, renovated, and ready for immediate occupancy, presenting an excellent opportunity for prospective tenants. Boasting a total building size of 7,615 square feet and a spacious lot measuring 7,284 square...4351 S Western Ave, a prime investment opportunity in the vibrant community of South Los Angeles. This mixed-use property offers a dynamic combination of 6 residential units on the second floor and 2 commercial storefront spaces on the first floor. Currently, three of the residential units are vacant, renovated, and ready for immediate occupancy, presenting an excellent opportunity for prospective tenants. Boasting a total building size of 7,615 square feet and a spacious lot measuring 7,284 square feet, this property is a cash cow for savvy investors, operating at an attractive 6.31% cap rate. The LAC2 zoning adds versatility, allowing for various commercial uses and contributing to the property's appeal. The strategic location of 4351 S Western Ave ensures a steady flow of potential tenants and customers, making it an ideal investment in the bustling heart of South Los Angeles. In addition to its financial allure, the property features ample parking space in the rear, accommodating up to 8 cars, enhancing convenience for both residents and commercial tenants. Whether you're an experienced investor or entering the real estate market, this property offers a compelling blend of contemporary living spaces and thriving commercial potential. Seize the opportunity to own and operate this gem in South Los Angeles, where modernity meets investment excellence. Please do not disturb the tenants. One of the listing agents is related to the Seller. All showings will be subject to an accepted offer.
- Listed by Chase Simonton • DRE #01766871 • Brokerage DRE #00590104 • RE/MAX One
- Listed by Robert Carlile • DRE #02066811 • Brokerage DRE #00590104 • RE/MAX One
Property Details for 4351 South Western Avenue
Zoning
LAC2
Parcel Number5021025001
Total Units8.0
Living Area7615
Source Living AreaTitle Company
AreaPark Hills Heights (PHHT)
Vacancy Rate4 Vacant
Lot Size Area7286
LISTING UPDATED: 10/17/2024 08:25 AM
Property Details for 4351 South Western Avenue
Status | Active |
---|---|
MLS # | 24-353081 |
Days on Market | 216 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1922 |
Lot Size | 0.17 AC / 7,286 SF |
County | Los Angeles County |
Building Information for 4351 South Western Avenue
Stories2Residences-Year Built1922Building Size-Lot Size0.17 AC / 7,286 SF
Property Information for 4351 South Western Avenue
Property History for 4351 South Western Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4351 South Western Avenue
Taxable ValueLand$648,051Additions$164,955Total$813,006
Tax Record2024$11,134 ($928 / month)
Home Facts
Total Finished SqFt7,615 SqFtAbove Grade Finished SqFt7,615 SqFtStories1Lot Size7,284 SqFtStyleOffice BuildingYear Built1922ZoningLAC2CountyLOS ANGELESAPN5021-025-001
Schools near 4351 South Western Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Charter - | 5 to 8 | |||
Public - | 6 to 11 | |||
Public - | 9 to 12 | |||
Charter - | 5 to 8 |
Rating | School | Distance |
---|---|---|
KIPP Scholar Academy Charter5 to 8 | ||
Barack Obama Global Preparation Academy Public6 to 11 | ||
Public Policy Charter Charter5 to 8 |
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.
Similar Homes
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.