Commercial > Other
Active
08/13/2024
List Price
$1,900,000
4129 Avalon Blvd
Los Angeles, CA 90011
- -Bed
- -Bath
- 8,092ft²Living Area
- 8,202ft²Lot Size
- -Pool
- 26Car
- -Year Built
- 67DOM
- 1Permit
4129 Avalon Blvd, Los Angeles, CA 90011 is a 8,092 ft² property on a 0.188 acre lot with 1 construction permit. This property is currently for sale for $1,900,000, and it was last sold in 2022 for $950,009.
MLS Description
The listing agent's description. Original Listing
We are pleased to present a ready-to-issue (RTI) 48-unit, 100% affordable housing project available for sale on an 8,199 square foot lot. This 4-story apartment development is designed with efficiency in mind, featuring a recreation room that has the potential to be converted into an Accessory Dwelling Unit (ADU). The project includes 14 studios, 33 one-bedroom units, and 1 studio manager's unit, with a total gross buildable space of approximately 23,323 square feet and a total rentable space of approximately 17,126 square feet. The focus on housing affordability is highlighted by the allocation of 10 units for moderate-income households (110% AMI or below), 37 units for low-income households (80% AMI or below), and 1 market-rate manager's unit. Rent amounts for the very low and moderate-income units are available on HCD Schedule VI, while rent for the low-income units can be found on TCAC Schedule IX. Additionally, the property's location may attract Section 8 voucher tenants, potentially increasing income by around 20% for each unit. Situated in a primarily residential neighborhood near a hospital and park, the property offers ample access to street parking within a walkable radius. Despite having zero parking spaces, which reduces construction costs, the neighborhood is very walkable with excellent transit options, as reflected by a Walk Score of 79. The property is currently used as car storage, rented on a month-to-month basis for $1,800.
Listing Agents
The listing agent for 4129 Avalon Blvd is Jordan Petito.
JP
Jordan Petito
Keller Williams Beverly Hills
Phone: (310) 432-6400
Permits
4129 Avalon Blvd has 1 permit records.
Permit History
1
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$12,067.26From latest Total Assessed Value1.25%Total Assessed Value$969,000=Land+
Assessed Value$948,600Additions
Assessed Value$20,400
In 2023, taxes billed for 4129 Avalon Blvd were $12,067.26, which is 1.25% from latest Total Assessed Value of $969,000.
Property History
4129 Avalon Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 4129 Avalon Blvd
Hazard Risks
Earthquake344Carb Mono133Particulates110Air Pollution110Lead107Ozone106Nat'l Avg100Tornado92Weather38Hurricane5Hail0Wind0
10 hazards (Carbon Monoxide, Earthquake Risk, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 4129 Avalon Blvd.
Walkability Index
14 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
4129 Avalon Blvd has a walkability score of 14 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
46°F
High
67°F
Summer
Average
Low
61°F
High
80°F
In the winter at 4129 Avalon Blvd, temperatures range from 46.48°F to 67.01°F with an average of 56.75°F. In the summer, the temperature ranges from 60.94°F to 79.75°F with and average of 70.35°F.
School Information
Public/private schools serving 4129 Avalon Blvd
Public Schools
Santee Education Complex
Grades: 9-12
1.44 mi
D
Ricardo Lizarraga Elementary
Grades: KG-5
0.20 mi
D+
Thomas Jefferson High School
Grades: 9-12
0.84 mi
F
William Jefferson Clinton Middle School
Grades: 6-8
0.88 mi
C
Maya Angelou Community High School
Grades: 9-12
0.99 mi
D-
Nava College Preparatory Academy
Grades: 9-12
0.84 mi
D
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 4129 Avalon Blvd have ratings undefined, undefined, undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Historic South Central, Los Angeles, CA 90011.
Seasonal Housing units 90011
8%of housing is for seasonal rent.
Daytime Population for 90011
-25%of people during work hours.
Boundary map of Historic South Central.
Crime Index for 90011
96
96
The crime index in 90011 is 96, which is 1.0 times lower than national average.
Market Trends
Historical market data near 4129 Avalon Blvd over selected time period.
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