4355 Avalon Blvd presents investors with a strong opportunity to acquire a mixed-use asset offering excellent in-place cash flow with attractive existing rents and a diverse unit mix. The property consists of (1) Studio, (2) 1 Bed/1 Bath, (2) 2 Bed/1 Bath, and (1) ground-floor commercial retail space with frontage… Read More along Avalon Blvd, providing both residential stability and retail visibility. The units are spread out over 3,200 square feet on a 4,609 square foot lot, zoned LAC2-1-CPIO, offering flexibility for a variety of commercial and residential uses. The property is currently 83% occupied, offering investors immediate upside through leasing the remaining units at market rents, projecting a 6.53% Cap Rate and 8.48 GRM. Strategically located in a growing South Los Angeles corridor, the property benefits from close proximity to major employment centers, transportation routes, and ongoing neighborhood development, making it an attractive opportunity for investors seeking strong current income with long-term upside. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Aaron Jacobson 310-729-1559
Listing Snapshot
Days Online
1
Last Updated
Property Type
Apartment
Lot Size
0.11 Acres
Year Built
1905
MLS Number
SB26086187
Additional Details
Building
Built in 1905, 1 building, 2 stories, Entry level: 1, Entry location: Front
Community
Curbs, Suburban, Sidewalks, Urban
Expenses
Operating: $46,002
Income
Gross Income: $109,029, Gross ScheduledIncome: $109,029, Net Operating Income: $60,381
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.