We are pleased to present 4355 S Avalon Blvd, a 6-unit mixed-use property located in the Historic South Central neighborhood of South LA. The property is comprised of 5 apartments (including a fully permitted detached ADU built in 2022) and 1 commercial unit. The building has an excellent unit mix of (1) Studio, (2) 1 Bed, 1 Bath units, (2) 2 bed/1 Bath units, and (1) Commercial unit, currently leased to a market. This rare investment opportunity offers strong cash flow and significant rental upside potential in a central South LA location. 4355 S Avalon Blvd is centrally located just 2.4 miles from USC and 3.5 miles from Downtown with convenient access to the 110 freeway and walkability to Gilbert Lindsay Recreation Center, South Park Recreation Center, and George Washington Carver Middle School.South Los Angeles has seen significant rent growth over the past several years due to its relative housing affordability and convenient proximity to Downtown Los Angeles, Sofi Stadium, USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past few years with average 2-bedroom market rents reaching $2,300-$2,600 and Section 8 Voucher Payment Standards rising up to $3,052. With low vacancy rates, landlord-favored market conditions, and numerous employment options nearby, South LA is poised for significant long-term growth.
Property Details
Property Features
Property Information:
Year Built: 1905
Stories: 2
Living Area: 3,521 SqFt
Listing Office:
Office Name: Rosano Partners
Office Phone: (213) 802-0305
Listing Agent: Brandon Evans
Interior Features
Interior Information:
Appliances: Gas Range, Range
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot Size: 0.11 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
Santee Education Complex, Public District Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
George Washington Carver Middle School, Public District Grades 6-8
Studio, Public District Grades 6-8
Harmony Elementary School, Public District Grades KG-5
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Avalon Blvd & Vernon Ave
Price Information
Listing Price Info
Price Summary:
List Price: $1,100,000
Price Per SqFt: $312/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $104K more than the Median Sold Price and $324/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24391909
Listing Office:
Office Name: Rosano Partners
Office Phone: (213) 802-0305
Listing Agent: Brandon Evans
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 6/3/2024, 1:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,558
Per Month
Principal & Interest
$5,491
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$3,364
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Harmony Elementary School
899 E 42nd St
Distance between this listing and this school0.35 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.17 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.12 miles
Public Magnet Grades KG-5
Middle School
2
/10
George Washington Carver Middle School
4410 Mckinley Ave
Distance between this listing and this school0.21 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.10 miles
Public District Grades 6-8
High School
4
/10
Santee Education Complex
1921 Maple Ave
Distance between this listing and this school1.69 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.81 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school18.70 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Harmony Elementary School
899 E 42nd St
Distance between this listing and this school0.35 miles
Public District Grades KG-5
9
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school7.17 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.12 miles
Public Magnet Grades KG-5
Assigned Schools
2
/10
George Washington Carver Middle School
4410 Mckinley Ave
Distance between this listing and this school0.21 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.10 miles
Public District Grades 6-8
Nearby Schools
4
/10
Accelerated
4000 S Main St
Distance between this listing and this school0.63 miles
Public Charter Grades KG-8
Assigned Schools
4
/10
Santee Education Complex
1921 Maple Ave
Distance between this listing and this school1.69 miles
Public District Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school3.81 miles
Public Magnet Grades 9-12
7
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school18.70 miles
The neighbors living near this home have an average income of $34,359. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 4355 S Avalon Blvd
What is the listing price of this property?
The listing price of 4355 S Avalon Blvd property is $1,100,000.
What type of property is this?
The property 4355 S Avalon Blvd is a house located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 4355 S Avalon Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 4355 S Avalon Blvd are: Harmony Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 9/10Point Fermin Elementary School: GreatSchools Rating 6/10George Washington Carver Middle School: GreatSchools Rating 2/10Studio: GreatSchools Rating 4/10Santee Education Complex: GreatSchools Rating 4/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 7/10
What is the square footage of this property?
The property 4355 S Avalon Blvd is 3,521 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 4355 S Avalon Blvd is 1905.
This home is located at 4355 S Avalon Blvd in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 3,521 square foot home, which was built in 1905, sits on a 0.11 acre lot. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $1,100,000.
While more than 766 listings in Los Angeles, CA in May 2024 were sold above asking price, there were more than 198 listings sold at asking price, and more than 625 were sold below. The number of homes for sale in Los Angeles, CA increased by 15.4% between April 2024 and May 2024. In May 2024, listings were on the market for 33 days. During the same period, the median list price in this real estate market was $995,939.
From Rocket Homes Real Estate and based on county public records data.