4351 S Western Ave, Los Angeles, CA 90062 Homes for Sale

For Sale

$1,495,000

• 7 beds
• 0 baths
• 7615 Sq Ft

4351 S Western Avenue,
Los Angeles, CA, 90062

Latitude 34.004461 - Longitude -118.30926

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Overview

Listing Status Pending

MLS 24-353081

Property Type

Other

Year built

1922

Total rooms

7

Lot size

0.17 Acres

Time on NeighborWho

230 days

Stories

-

Price per Sq Ft

$196

Parking

8e0 car garage

Basement

-

About 4351 S Western Ave, Los Angeles, CA

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. Read more

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