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4355 Avalon Blvd 3,238 SF 100% Leased Retail Building Los Angeles, CA 90011 $975,000 ($301.11/SF) 7.92% Cap Rate

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INVESTMENT HIGHLIGHTS

Excellent current cap rate offering investor cash flow day one with additional upside potential. Delivered with 2 vacancies
Mixed-use offering with 5 apartment units behind storefront retail

Great unit mix consisting of (1) Studio/1 Bath, (2) 1 Bed/1 Bath, (2) 2 Bed/1 Bath units and (1) Commercial Retail unit with frontage along AvalonBlvd
Strategically located in an area that has seen growth and is located un close proximity to the major business hubs of Los Angeles

EXECUTIVE SUMMARY

The subject property is a 5 unit apartment and 1 storefront retail unit mixed-use building located in the South LA submarket of Los Angeles, on Avalon Blvd, just north of Vernon Ave between San Pedro and Central Ave. Built in 1905, the property consists of (2) 2 Bed/1 Bath, (2) 1 Bed/1 Bath, (1) Studio/1 Bath and (1) Storefront retail unit. The building consists of 3,200 square feet and sits on a 4,609 square foot lot that is zoned LAC2-1-CPIO. The property is in a transit oriented communities (Tier 3) area. The apartment units are subject to LA city rent control.

4355 Avalon OM (1)