4351 South Western Avenue Los Angeles, CA $ 1,495,000
4351 South Western Avenue
$ 1,495,000
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4351 South Western Avenue

Los Angeles, CA, 90062
$ 1,495,000
Baths0.0 Sq 7,615

Monthly Estimate*

$ 10,443

4351 South Western Avenue, Los Angeles, CA 90062 - Image 1
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4351 South Western Avenue, Los Angeles, CA 90062 - Image 12
Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,495,000. This 7,615 square foot home was built in 1922 on a lot size of 0.17.

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.

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Multi-Family Active

Price

$ 1,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1922

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0024353081

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Zoning LAC2
Year Built 1922
Levels Two
County Los Angeles
Net Operating Income 101912.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.00
Senior Community Y/N No
MLS Area PHHT - Park Hills Heights
Lot Size Square Feet 7286.0
Street Name Western
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Lot Size Area 7286.0
Building Area Total 7615.0
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Street Suffix Avenue
Total Baths 0
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* Excluded Features
List By
Chase Simonton

Listing Agent

Re/Max One

Broker

Affordability Calculator

$10,443
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,443
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$1,495,000 -6.27% Price Down
1/30/2024$1,595,000 Listed Price

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4351 South Western Avenue, Los Angeles, CA, 90062 is a Multi-Family Home for sale at $1,495,000 with 7,615 sqft and a lot size of 0.17. 4351 South Western Avenue is a studio with 0.0 baths and was built in 1922. The property's zip code is 90062 which is in Los Angeles, CA