10615 Avalon Blvd, Los Angeles, CA 90003

Property Description

Back on Market subject to current escrow cancelation ! 11,000 sq. ft.!! This is a great income property located in the city of Los Angeles. A Developers/Investors dream. A charming four unit apartment building sitting on two APN numbers 10615 Avalon Blvd. (APN# 6063-028-027) and 10619 Avalon Blvd (APN# 6063-028-026), combined the lot size is 11,927 square foot! A HUGE LOT!!! The size of the lot is very rare and desirable in this area of Los Angeles. The property has 4 units. 2 units upstairs and 2 downstairs. All units have front and side access. The Quadruplex has a very desirable unit mix; 3, two bedrooms one bath and 1-1 bedroom, 1 dining room, and 1 bath. Each unit is approximately 913 square feet each. The property offers secure parking, and is centrally located within the heart of Los Angeles.The property is ideally located close to public transportation, shopping and major freeways (105 and 10 freeway). There is another great feature that this property yields. Due to the zoning (LARD2) mixed with the lot size (11,927), another 2000 square foot dwelling can be built on the land for a total of 5 units! The property is great for transitional housing, group homes, ambulatory seniors, and Veterans.