4800 Avalon, Los Angeles, CA 90011

$1,400,000 Approx. USD 0 beds, 0 baths

Agent Remarks

We are pleased to present a development opportunity on the corner Avalon Boulevard and 48th Street in Los Angeles California. The property consists of 16,438 sq. ft. of [Q] R4-1 land with alley access in the back of the lot. Current owner has started the process to begin entitlements for a 33 unit apartment building consisting of 21: 1 Bed and 1 Bath, 6: 2 Bed and 2 Bath and 6: 3 Bed and 2 Bath. The property will also have 3 commercial units on the ground floor. The total Square footage for the residential units will be 31,285 and the commercial area will be 5,025 sq. ft. The plans call for a total of 55 parking spaces which are to be on grade.

Listing Details

Property type: (Lots/Land)
Status: Active
MLS# 16-164322
List price is $1,400,000
Beds: 0
Baths: 0
County: Los Angeles
Zoning: LAR4
MLS area: Downtown L.A. (C42)

Last Updated: 10/7/2016

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This listing belongs to the Downtown L.A. (C42) MLS area

The listing is zoned LAR4.
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Lat/Long: 33.999550, -118.264816.
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Broker: Courtesy of Marcus & Millichap
Listing Agent: Jon Emrani

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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