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Off market
  • $4,312,000

    5119 Avalon Blvd, Los Angeles, CA 90011

    --beds
    0baths
    17,359sqft
    MultiFamily
    Built in 1924
    -- sqft lot
    $4,312,000 Zestimate®
    $248/sqft
    $2,711 Estimated rent

    Owner options

    List your home for rent

    $2,711/mo

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    $2,711/mo

    Rent Zestimate®

    Refinance and save

    $27,041/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

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    $27,041/mo

    Est. payment

    What's special

    We are pleased to present a mixed use income opportunity located in the South Park neighborhood of Los Angeles. This opportunity is great for investors looking for a high vacancy opportunity as it will be delivered 80% VACANT at the close of escrow. The building is located just 2 miles from Exposition Park and less than 3 miles from USC. The building consists of 39 residential units (13 SRO units with shared baths, 13 studios with no kitchens, 12 regular studios, and one 1 BD/1BA) and three retail units (all on month to month leases). 31 of the 39 residential units will be delivered VACANT. Please see rent roll for the complete breakdown of the units. This is an excellent opportunity for savvy investors looking to capture immediate upside in rents for strong cash flow. Contact listing agent for more details!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Other
    Interior area
    • Total interior livable area: 17,359 sqft

    Property

    Lot
    • Size: 0.32 Acres
    Details
    • Parcel number: 5109023004

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1924

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • ListingStatus: Active
    • PropertyType: Residential Income
    • Equipment: Other
    • Cooling: Other
    • SourceLivingArea: Title Company
    • SourceLotSizeArea: Vendor Enhanced
    • Heating: Other
    • ListingArea: Downtown L.A.
    • UnitTypeType: 2106, 2107, 2108, 2109
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    Estimated market value
    $4,312,000