4355 AVALON BLVD, LOS ANGELES, CA 90011

Property Description

4355 Avalon Blvd, Los Angeles, CA 90011 is a well-located mixed-use value-add opportunity featuring five residential units and one storefront retail space, offering immediate cash flow with meaningful rent growth potential. Situated on a 4,609 SF LAC2-1-CPIO-zoned lot within a Tier 3 Transit-Oriented Communities (TOC) area, the property benefits from flexible zoning that supports long-term redevelopment potential and strategic unit modernization. Built in 1905, the 3,200 SF building consists of (2) 2-bed/1-bath units, (2) 1-bed/1-bath units, (1) studio, and (1) retail unit, all subject to strong tenant demand in the South Los Angeles submarket. Current occupancy is 66%, providing immediate upside through lease-up, renovation, and bringing rents to marketsupported by robust Section 8 voucher standards and local rent comparables. The location offers excellent accessibility near Vernon Ave, major transit corridors, neighborhood retail, and employment centers, while benefiting from proximity to rapid growth and major developments throughout South LA and Inglewood.