4355 Avalon Blvd - Storefront FOR SALE


Los Angeles, CA 90011- Vernon-Main
$925,000 USD
310-729-1559
4355 Avalon Blvd, Los Angeles, CA for Sale
$925,000 USD
Storefront - FOR SALE
1/11
null | 6.53% 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 1 vacancy
  • 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

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 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.

FOR SALE DETAILS

PRICE

$925,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

6.53%

% 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 Notice.