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4800 AVALON, Los Angeles, CA 90011 (MLS # 16164322)

Price $1,340,000
Status Active
Beds n/a
Baths 0 baths
Home size n/a
Lot Size 16,438 sqft
Days on Market 247
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.
Property Type(s): Land
Last Updated 5/15/2017 Community Downtown L.A.
County Los Angeles Walk Score ® 78

Price History

Prior to Jan 31, '17 $1,400,000
Jan 31, '17 - Today $1,340,000

Additional Details

LOTSIZESOURCE Assessor
LOTSIZEUNITS Square Feet
MLSAREAMAJOR C42 - Downtown L.A.
PRICEPERSQUAREFOOT 81.52
PROPERTYTYPE Land
SPECIALLISTINGCONDITIONS Standard
VIEW See Remarks

Location

 

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Listing provided by : Jon Emrani, Marcus & Millichap

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. as of 5/26/17 7:49 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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