Brandon Evans
This listing was posted on RealtyWW.
$1,100,000
Home For Sale In Los Angeles, California
Price:
$1,100,000
BR/BA:
2 BR, 1 BA
Location:
4355 S Avalon Blvd, Los Angeles, CA
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 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.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71922992
Property Type:
Single-Family Houses
Posted:
May 17 on RealtyWW
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a Two Bedroom One Bath Single-Family Homes for Sale at 4355 S Avalon Blvd in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4355 S Avalon Blvd by searching Oodle Classifieds for Two Bedroom One Bath Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a Two Bedroom One Bath Single-Family Homes for Sale at 4355 S Avalon Blvd in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4355 S Avalon Blvd by searching Oodle Classifieds for Two Bedroom One Bath Single-Family Homes for Sale in Los Angeles CA.