4701 Avalon Bl Los Angeles, CA 90011

$875,000
Los Angeles, CA   90011
0 Beds, 0.0 Baths, 0 sq ft, 6,203 sq ft lot, Built in 1930
4701 Avalon Bl, Los Angeles, CA 90011 Photo 0
4701 Avalon Bl, Los Angeles, CA 90011 Photo 1
4701 Avalon Bl, Los Angeles, CA 90011 Photo 2
4701 Avalon Bl, Los Angeles, CA 90011 Photo 3
0 Beds,
0.0 Baths,
0 sq ft,
6,203 sq ft lot
Built in 1930

Description

MLS# CV19134954

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. Listed by Gilberto Barrios, Gilberto Barrios, Broker.

Description

MLS# CV19134954

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. Listed by Gilberto Barrios, Gilberto Barrios, Broker.

Area
AREA: C36 - Metropolitan Southwest
COUNTY: LA
Building Info
STORIES: 2
LAUNDRY: Washer Hookup
Exterior Features
LOT: 2-5 Units/Acre, Lot Shape-Rectangular, Lot-Level/Flat, Value In Land
Community
UNITS TOTAL: 4
STORIES TOTAL: 2
Land
WATER: Public
ZONE: C2
Recently viewed

Nearby cities:    Bell Gardens    South Pasadena    San Gabriel    Montebello    Moorpark    West Hollywood