$2,900,000

Estimated payment $16,350/month

Total Views 1,832
13 Beds
12 Baths
6,677 Sq Ft
$434 Price per Sq Ft

About This Home

Major development opportunity on Avalon Blvd in South Los Angeles between Vernon and Slauson. Bread and butter investment while planning on capitalizing on the C2 zoning and TOC Tier 3 designation. The 5 separate standalone buildings total 6,677 SF, sit on 16,018 SF of land with 100 feet of frontage on Avalon Blvd and many parking spaces. The unit mix is 9 one bedrooms, 1 three bedroom SFR and 2 commercial storefront units. The 2 commercial units and 2 residential units will be delivered vacant at the close of escrow, allowing an investor to bring rents to current market rate while researching and executing plans for the site's maximum development potential. Excellent transit location with Metro bus line stops along Avalon Blvd. Close proximity to the 110 and 10 Freeways, and a stone's throw to the Avalon Carver Community Center. Ideal for commutes to and from Downtown Los Angeles, Crenshaw District, LAX, South Bay and beyond.

Listing Agent

Victor Migenes

Property Concierge License #01833363 Listed on: 06/21/2025

Co-Listing Agent

Vivian Chaing

Property Concierge License #01983759

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,658

Year Built

  • Built in 1924

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 100x160
  • East Facing Home

Parking

  • 13 Parking Spaces

Interior Spaces

  • 6,677 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 13 Bedrooms
  • 12 Bathrooms

Community Details

  • 5 Buildings
  • 12 Units

Listing and Financial Details

  • Assessor Parcel Number 5109-015-037

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,658

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Alley: Yes
  • Living Area: 6677
  • Lot Acreage: 0.3677
  • Lot Dimensions: 100x160
  • Year Built: 1924
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 13
  • Total Bathrooms: 12.00
  • Price Per S Q F T: 434.33

Exterior Features

  • Direction Faces: East
  • Other Structures: None
  • View: No

Garage/Parking

  • Total Parking: 13

Lot Info

  • Assessed Improvement Percent: 47.12
  • Assessed Improvement Value: 154158
  • Assessed Land Percent: 52.88
  • Assessed Land Value: 172984
  • Total Assessed Value: 327142
  • Assessor Parcel Number: 5109-015-037
  • Lot Size Area: 16018

Rental Info

  • Owner Pays: Water

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115, 2116, 2117
  • Gross Rent Multiplier: 27.55
  • Number Of Units: 12
  • Total Annual Expense: 43884
  • Type Of Units: 10 res 2 com
  • Vacancy Rate: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,658 $333,684 $176,443 $157,241
2024 $5,658 $327,142 $172,984 $154,158
2023 $5,580 $320,729 $169,593 $151,136
2022 $5,387 $314,441 $166,268 $148,173
2021 $5,294 $308,276 $163,008 $145,268
2020 $17,761 $1,341,300 $780,300 $561,000
2019 $5,176 $299,134 $158,174 $140,960
2018 $4,835 $293,270 $155,073 $138,197
2016 $4,537 $281,884 $149,052 $132,832
2015 $4,487 $277,651 $146,814 $130,837
2014 $4,525 $272,214 $143,939 $128,275
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2025 06/21/25 For Sale $2,900,000 -- $434 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Gift Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $255,000 Unknown
Previous Owner $251,000 Commercial
Source: Public Records

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Source: The MLS

MLS Number: 25555513

The MLS

APN: 5109-015-037