10616 Avalon Blvd - Loft/Creative Space FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$950,000 USD
818-605-2626
10616 Avalon Blvd, Los Angeles, CA for Sale
$950,000 USD
Loft/Creative Space - FOR SALE
1/48
null | Request Cap Rate

10616 Avalon Blvd
Los Angeles, CA 90003
Canndu/Avalon Gardens


HIGHLIGHTS

  • Lot is 9,013 Square Feet
  • Building is 2,395 Square Feet
  • Zone LAR4 - Multiple Dwelling Zoning
  • Zoning allows Multi-Family Residential Buildings, such as Apartments and Condos
  • Zoning Includs R3 Multiple Dwelling
  • Located close to Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles.

OVERVIEW

This 9,013 Square Feet Lot, with a 2,395 Square Feet Building is in the Southeast area of Los Angeles known as Green Meadows. Property is zoned LAR4 which is Multiple Dwelling Zoning, allowing for Multi-Family residential buildings, such as Apartments, Condos, and some Fraternities/Sororities. Alowing for up to 6-9 stories. Other permitted uses would be Church, School, Childcare, Hotel/Motel and any use permitted in the 'R3' Multiple Dwelling Zone. The neighborhood consists of Single-family homes, apartments, and condos. It is located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles. Under construction across the street at 10705 Avalon Blvd is a new 69 Unit, five-story Apartment Building. This Listed Avalon Blvd property is on the same street, the same zoning and slightly smaller. For Additional Information go to: www.zimas.lacity.org If you can see yourself investing and you feel now is the time Call/Write Now! PROPERTY MUST GO THROUGH PROBATE.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$397 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,395 SF

ZONING

LAR4

APN/PARCEL ID

6051-029-032

ASK ABOUT THIS PROPERTY

Baron CastilloApartment Building InvestmentsMore Info
818-605-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Baron CastilloApartment Building InvestmentsMore Info
818-605-2626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.