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Investment Highlights

  • Lot is 9,013 Square Feet
  • 2,400 SF Creative/Institutional Space in South LA.
  • Turn-Key Office or Religious Facility."
  • Building is 2,395 Square Feet
  • The Perfect Headquarters: 2,395 SF Building + Massive 6,600 SF Gated Yard.
  • Located close to Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles.

Executive Summary

For Sale a 2,395 Square Foot Building, with 6,600 square feet of open parking area. Ready for immediate occupancy for your new vision and business.
The 2,395 square foot building consists of a large open area with a kitchen, restrooms, sitting areas and office on a 9,011-square-foot lot with C2 and {Q}R4 zoning, it offers a rare turn-key opportunity for small businesses or non-profits that need space right now rather than years of construction.
This Private Gated Infrastructure can be used for Private Parking or Fleet Storage. With a 9,000+ Square Foot lot and only a 2,400 SF building, there is roughly 6,600 square feet of yard space that can be used for businesses with a fleet of vans, service vehicles like plumbing, HVAC, outdoor storage, secure landscaping or organizations that need secure outdoor assembly areas like playground for daycare.
Can be used as a Creative/Loft Space with1920s character for Professional Services. The C2 zoning allows for medical, legal, or insurance offices.
The current use is a religious facility. Moving a congregation into an existing church is much easier than navigating the city’s entitlement process for a new one.
This is a great property for an owner to move in and renovate over time, avoiding the high interest rates and carrying costs of a multi-year development cycle.
Located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles.
If you can see yourself investing and you feel now is the time Call/Write Now!
PROPERTY MUST GO THROUGH PROBATE.

Financial Summary (Actual - 2023)

Annual Annual Per SF
Gross Rental Income $21,600 $9.02
Other Income - -
Vacancy Loss - -
Effective Gross Income $21,600 $9.02
Taxes - -
Operating Expenses $7,500 $3.13
Total Expenses $7,500 $3.13
Net Operating Income $14,100 $5.89

Financial Summary (Actual - 2023)

Gross Rental Income
Annual $21,600
Annual Per SF $9.02
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $21,600
Annual Per SF $9.02
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $7,500
Annual Per SF $3.13
Total Expenses
Annual $7,500
Annual Per SF $3.13
Net Operating Income
Annual $14,100
Annual Per SF $5.89

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
2,395 SF
Building Class
C
Year Built
1926
Price
$755,000
Price Per SF
$315.24
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,395 SF
Building FAR
1.00
Lot Size
0.05 AC
Zoning
LAR4 - Residential, Industrial and Commercial Area.

Amenities

  • Fenced Lot
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
6051-029-032
Land Assessment
$54,356 (2025)
Improvements Assessment
$65,208 (2025)
Total Assessment
$119,564 (2025)
Annual Taxes
$0 ($0.00/SF)
Tax Year
2023
  • Listing ID: 32059973

  • Date on Market: 6/7/2024

  • Last Updated:

  • Address: 10616 Avalon Blvd, Los Angeles, CA 90003

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