4355 Avalon Blvd - Storefront FOR SALE


Los Angeles, CA 90011- Vernon-Main
$1,000,000 USD
310-729-1559
4355 Avalon Blvd, Los Angeles, CA for Sale
$1,000,000 USD
Storefront - FOR SALE
1/11
null | 7.91% Cap Rate

4355 Avalon Blvd
Los Angeles, CA 90011
Vernon-Main


HIGHLIGHTS

  • Excellent current cap rate offering investor cash flow day one with additional upside potential. Delivered with 2 vacancies
  • Great unit mix consisting of (1) Studio/1 Bath, (2) 1 Bed/1 Bath, (2) 2 Bed/1 Bath units and (1) Commercial Retail unit with frontage along AvalonBlvd
  • Mixed-use offering with 5 apartment units behind storefront retail
  • Strategically located in an area that has seen growth and is located un close proximity to the major business hubs of Los Angeles

OVERVIEW

The subject property us a 5 unit apartment and 1 storefront retail unit mixed-use building located in the South LA submarket of Los Angeles, on Avalon Blvd, just north of Vernon Ave between San Pedro and Central Ave. Built in 1905, the property consists of (2) 2 Bed/1 Bath, (2) 1 Bed/1 Bath, (1) Studio/1 Bath and (1) Storefront retail unit. The building consists of 3,200 square feet and sits on a 4,609 square foot lot that is zoned LAC2-1-CPIO. The property is in a transit oriented communities (Tier 3) area. The apartment units are subject to LA city rent control.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$309 USD /SF

CAP RATE

7.91%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,609 SF

ZONING

C2

APN/PARCEL ID

5113-014-005

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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