4441 Avalon Blvd new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Commercial
Sub Type Combo - Res & Com
Listing Status Active
Purchase Type For Sale
Square Footage 6,677 sqft
Price per Sqft $434
MLS Listing ID 25508045
Year Built 1924
Lot Size 0.368 Acres
Acres 0.3677
Property Sub-Type Combo - Res & Com
Property Description
Major development opportunity on Avalon Blvd in South Los Angeles between Vernon and Slauson. Bread and butter investment while planning on capitalizing on the C2 zoning and TOC Tier 3 designation. The 5 separate standalone buildings total 6,677 SF, sit on 16,018 SF of land with 100 feet of frontage on Avalon Blvd and many parking spaces. The unit mix is 9 one bedrooms, 1 three bedroom SFR and 2 commercial storefront units. The 2 commercial units and 2 residential units will be delivered vacant at the close of escrow, allowing an investor to bring rents to current market rate while researching and executing plans for the site's maximum development potential. Excellent transit location with Metro bus line stops along Avalon Blvd. Close proximity to the 110 and 10 Freeways, and a stone's throw to the Avalon Carver Community Center. Ideal for commutes to and from Downtown Los Angeles, Crenshaw District, LAX, South Bay and beyond.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LAC2
Exterior
Garage Spaces 18.0
Others
Special Listing Condition Standard