4701 Avalon Boulevard

    Los Angeles (City), CA 90011
    • $850,000
    • STATUS: Active
    • ON SITE: 192 days
    • ID#: CV19131563
    UPDATED: 73 min ago
    $850,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,000
      SQFT
    • $425
      $/SQFT
    Type:
    Multi-Family
    Built:
    1930
    County:

    School Ratings & Info

    Description

    REDUCED PRICE! Major upside opportunity - This 4-Plex is located within an Enterprise Zone and is primed with an open lot to potentially build additional units. Zoned C-2/R-4, the Property resides within a Tier 2 TOD designation that provides for density bonuses and currently contains three residential tenants + one unit that operates as an office/dealership; the office user will vacate, opening one unit to lease at market rate. Lack of housing and virtually no new pending supply makes this a prime development, redevelopment, or expansion opportunity. Buyers to conduct due diligence to satisfy themselves of all development potential.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-15T18:26:41.487. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/95545091

    4701 Avalon Boulevard Los Angeles (City), CA 90011

    • Price: $850,000
    • Status: Active
    • Updated: 73 min ago
    • ID#: CV19131563
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    2,000
    SQFT
    $425
    $/SQFT
    1930
    Built
    Neighborhood:
    C36 - Metropolitan Southwest
    County:
    Los Angeles
    Area:
    C36 - Metropolitan Southwest
    Property Description
    REDUCED PRICE! Major upside opportunity - This 4-Plex is located within an Enterprise Zone and is primed with an open lot to potentially build additional units. Zoned C-2/R-4, the Property resides within a Tier 2 TOD designation that provides for density bonuses and currently contains three residential tenants + one unit that operates as an office/dealership; the office user will vacate, opening one unit to lease at market rate. Lack of housing and virtually no new pending supply makes this a prime development, redevelopment, or expansion opportunity. Buyers to conduct due diligence to satisfy themselves of all development potential.
    Exterior Features

    Garage Spaces 0.00 Lot Features Rectangular LotLevelValue In Land Lot Size Source Assessor Lot Size Units Square Feet Parking Features Off Street Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Washer Hookup Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 51180.00 Gross Scheduled Income 51180.00 Insurance Expense 0.00 Land Lease YN No Laundry YN Yes Net Operating Income 51180.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 4 Number Of Units Leased 4 Operating Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 0.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Lac2

    Listing provided courtesy of Gilberto Barrios of Gilberto Barrios, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-12-15T18:26:41.487. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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