$1000000 Price Analysis   ♡   Los Angeles, CA 90011 0 bed None bath 3521 SqFt ($284/SqFt) 4620SqFt lot. Built 1905 Listed 2024-05-14, Taxes $8918 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 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 Prk 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.
Presented by Brandon Evans at
Rosano Partners.
Property MLS #24-391909 from TheMLSCLAW
Range
Heating Features: Wall
Lot Size Source: Assessor
Lot Size Square Feet: 4620
Calculated Total Monthly Association Fees: 0
Number of Units: 6
Unit Features: 1 BathsTotal: 1, 1 SquareFeet: 1500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1800, 3 BedsTotal: 2, 3 BathsTotal: 1, 3 SquareFeet: 2250, 4 SquareFeet: 2750
County: Los Angeles
Cross Street: Avalon Blvd & Vernon Ave
Cap Rate: 6.13
Directions: Avalon Blvd & Vernon Ave
Source Property Type: Residential Income
Area: Downtown L.A.
Source Neighborhood: Downtown L.A.
Parcel Number: 5113-014-005
Zoning: LAC2
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $343104 + $380631 $723735 | $8918 |
| 2021 | $336377 + $373168 $709545 | $8799 |
| 2020 | $332928 + $369342 $702270 | $8884 |
| 2019 | $326400 + $362100 $688500 | $8541 |
| 2018 | $176722 + $284204 $460926 | $5876 |
| 2017 | $173257 + $278632 $451889 | $5750 |
| 2016 | $169860 + $273169 $443029 | $5596 |
| 2015 | $138700 + $261300 $400000 | $5083 |
| 2014 | $112700 + $212300 $325000 | $4287 |
| 2013 | $112700 + $212300 $325000 | $4305 |
| 2012 | $112700 + $212300 $325000 | $4443 |
| 2010 | $130978 + $246844 $377822 | $5108 |
| 2009 | $158100 + $382500 $540600 | $6935 |
| 2009 | $130000 + $245000 $375000 | $6935 |
| 2008 | $155000 + $375000 $530000 | $6644 |
| 2007 | $71268 + $60708 $131976 | $1867 |
$1000000
TheMLSCLAW
Listed 2024-05-14
$1100000
TheMLSCLAW
Sold 2018-04-27
$675000
Public Record
Sold 2007-10-22
$530000
Public Record
Listing removed 2007-07-29
$599000
ITECH
Listed 2007-01-29
$599000
ITECH
Sold 1992-06-12
$100000
Public Record
Year Built: 1905
Common Walls: Attached
Levels: One Level
Property Age: 119
Property Condition: Additions/Alter
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Assessor
Security Features: Gated
Map directions Map directions Map directions Map directions
 |  |  |  |  |
 |  |  |  |  |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.