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Diego Magdaleno

diego@1visionproperties.com +1(714) 676-7271

$2,900,000

Est. payment - /mo

13 Beds

12 Baths

6,677 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,677 sqft

Price per Sqft $434

MLS Listing ID 25555513

Bedrooms 13

HOA Y/N No

Year Built 1924

Lot Size 0.368 Acres

Lot Dimensions Assessor

Property Description

Major development opportunity on Avalon Blvd in South Los Angeles between Vernon and Slauson. Bread and butter investment while planning on capitalizing on the C2 zoning and TOC Tier 3 designation. The 5 separate standalone buildings total 6,677 SF, sit on 16,018 SF of land with 100 feet of frontage on Avalon Blvd and many parking spaces. The unit mix is 9 one bedrooms, 1 three bedroom SFR and 2 commercial storefront units. The 2 commercial units and 2 residential units will be delivered vacant at the close of escrow, allowing an investor to bring rents to current market rate while researching and executing plans for the site's maximum development potential. Excellent transit location with Metro bus line stops along Avalon Blvd. Close proximity to the 110 and 10 Freeways, and a stone's throw to the Avalon Carver Community Center. Ideal for commutes to and from Downtown Los Angeles, Crenshaw District, LAX, South Bay and beyond.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAC2

Interior

Cooling None

Fireplace No

Exterior

Parking Features None

View Y/N No

View None

Total Parking Spaces 13

Building

Faces East

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5109015037

Special Listing Condition Standard

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Listed by Victor Migenes Property Concierge

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4441 Avalon BLVD Los Angeles, CA 90011