4351 S Western Avenue, Los Angeles, CA 90062
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Listed Price :
$1,495,000
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Beds :
7
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Baths :
8
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Property Size :
7,615 sqft
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Year Built :
1922
Property 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.
Interior Features
| Bedroom Information |
| Bedrooms |
7 |
| Bathroom Information |
| Bathrooms |
8 |
| Interior Information |
| Cooling Type |
Wall/Window Unit(s) |
Listing Information
| Address |
4351 S Western Avenue |
| City |
Los Angeles |
| State |
CA |
| Zip |
90062 |
| County |
Los Angeles |
| Listing Agent |
Chase Simonton DRE #01766871 |
| Co-Listing Agent |
Robert Carlile DRE #02066811 |
| Courtesy Of |
RE/MAX One |
| List Price |
$1,495,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
7,615 |
| Lot Size |
7,286 |
| Year Built |
1922 |
Listing information courtesy of: Chase Simonton, Robert Carlile, RE/MAX One. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 17th, 2024 at 3:51 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
