4351 S Western Avenue, Los Angeles, CA 90062

  • $1,495,000
  • $196
4351 S Western Avenue, Los Angeles, CA 90062
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 8
  • Bathrooms
  • 7615.00
  • 1922
  • Year Built
For Sale
4351 S Western Avenue, Los Angeles, CA 90062
  • $1,495,000
  • $196

Overview

Property ID: SGR-26853197
  • Residential Income
  • Property Type
  • 7
  • Bedrooms
  • 8
  • Bathrooms
  • 7615.00
  • 1922
  • Year Built

Description

4351 S Western Ave, a prime investment opportunity in the vibrant community of South Los Angeles. This mixed-use property offers a dynamic combination of 6 residential units on the second floor and 2 commercial storefront spaces on the first floor. Currently, three of the residential units are vacant, renovated, and ready for immediate occupancy, presenting an excellent opportunity for prospective tenants.Boasting a total building size of 7,615 square feet and a spacious lot measuring 7,284 square feet, this property is a cash cow for savvy investors, operating at an attractive 6.31% cap rate. The LAC2 zoning adds versatility, allowing for various commercial uses and contributing to the property’s appeal.The strategic location of 4351 S Western Ave ensures a steady flow of potential tenants and customers, making it an ideal investment in the bustling heart of South Los Angeles. In addition to its financial allure, the property features ample parking space in the rear, accommodating up to 8 cars, enhancing convenience for both residents and commercial tenants.Whether you’re an experienced investor or entering the real estate market, this property offers a compelling blend of contemporary living spaces and thriving commercial potential. Seize the opportunity to own and operate this gem in South Los Angeles, where modernity meets investment excellence. Please do not disturb the tenants. One of the listing agents is related to the Seller. All showings will be subject to an accepted offer.

  • Address 4351 S Western Avenue
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90062
  • Area PHHT - Park Hills Heights
  • Country United States

Details

Updated on March 20, 2024 at 12:09 am
  • Property ID: SGR-26853197
  • Price: $1,495,000
  • Property Size: 7615.00 m²
  • Land Area: 7286.00 m²
  • Bedrooms: 7
  • Bathrooms: 8
  • Year Built: 1922
  • Property Type: Residential Income
  • Property Status: For Sale
  • Living Area: 7615.00
  • MLS#: 24353081
  • Office Name: RE/MAX ONE
  • Agent Name: Chase Simonton
  • MLS Status: Active
  • Living Area Prefix: Sqft
  • Co-Office Name: RE/MAX One
  • Co-Agent Name: Robert Carlile
  • Agent State License: 01766871
  • Co-Agent State License: 02066811

Additional details

  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • County: Los Angeles
  • Parking: 8.00

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