4355 Avalon Blvd, Los Angeles, CA, 90011

Property Overview

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4355 Avalon Blvd is a 5-unit multifamily property with 1 ground-floor retail space, located in the South Los Angeles submarket just north of Vernon Avenue between San Pedro Street and Central Avenue. Built in 1905, the asset features a mix of (2) 2-bedroom/1-bath, (2) 1-bedroom/1-bath, and (1) studio unit, in addition to 1 storefront retail unit. The property totals 3,200 rentable square feet and sits on a 4,609 SF lot zoned LAC2-1-CPIO. Situated within a Transit-Oriented Communities (TOC) Tier 3 area, the property is subject to the Los Angeles Rent Stabilization Ordinance (RSO). Units are separately metered for utilities, and current occupancy stands at 66%. This asset offers a value-add opportunity in a transitioning rental corridor, combining mixed-use flexibility with long-term rental upside.

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Key Property Details

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• Location: 4355 Avalon Blvd, Los Angeles, CA 90011‍
• Lot Size: 4,609 SF‍
• Zoning: LAC2-1-CPIO‍
• Existing Improvements: 5 Residential Units + 1 Storefront | 3,200 SF | Built 1905 | LA RSO‍
• Transit: Transit-Oriented Communities (TOC) Tier 3‍
• Utilities: Separately metered
• Unit Mix:‍
  • (2) 2 Bed / 1 Bath
  • (2) 1 Bed / 1 Bath
  • (1) Studio / 1 Bath
  • (1) Commercial

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Investment Highlights

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Mixed-Use Income Stream: The addition of a ground-floor retail space provides income diversification and long-term flexibility.

‍Zoning and TOC Tier 3 Benefits: Located in a LAC2-1-CPIO zone within a Tier 3 TOC area, allowing for future development or higher-density entitlement potential.

‍Significant Value-Add Opportunity: With only 66% occupancy, the property offers immediate upside through lease-up and rent optimization.

‍Early 1900s Character Asset: Vintage construction with architectural charm and solid bones—ideal for repositioning in a resurging rental corridor.

‍Infill Growth Market: Situated in a rapidly evolving part of South LA, near public infrastructure investment and catalytic developments like SoFi Stadium and the Intuit Dome.

‍Separable Utilities: Units are separately metered, helping to lower ownership expenses and support net operating income growth.

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Neighborhood and Accessibility

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355 Avalon Blvd is strategically positioned in the South Los Angeles corridor, offering excellent access to Downtown LA, USC, and Exposition Park. The area is benefiting from billions in public and private investment, including major regional draws such as SoFi Stadium, the Intuit Dome, and Hollywood Park. These developments are transforming the economic landscape and increasing long-term rental demand. Residents benefit from strong transit connectivity and walkable access to local retail and amenities.

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Market Trends and Financial Potential

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• Current Occupancy: 66% occupied
• ‍Vacancy Assumption: 3% of gross rental income
• ‍Pro Forma Rents: Based on submarket rent analysis
• ‍Property Tax Rate: 1.25%

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For more information and to schedule a viewing, please contact:

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Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl

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