4351 S Western Ave Los Angeles, CA 90062

Price
$1,495,000
Listed On
Type
For Sale
Status
Active
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
4351 S Western Ave, Los Angeles, CA 90062
7 Beds
7615 sqft
Asking  $1,495,000

Snapshot

Property Type
Other
Lot Size
0.17 acres
Property Sqft
7,615
MLS Number
24-353081
Year Built
1922
Days On Market

Description

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.

More Details

Provider
Re/Max One
MLS ID
CLAWCA
MLS Name
TheMLSCLAW
MLS Number
24-353081
Source
listhub
PARTICIPANT
Name
Chase Simonton
Primary Phone
(818) 366-3300
Key
3YD-CLAWCA-X85641
Email
Chase@RemaxOneCommercial.com
BROKER
Name
Re/Max One
Phone
(818) 674-1745
OFFICE
Name
RE/MAX One
Phone
(818) 366-3300
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Price Changed$1,495,000 -6.27%$196RE/MAX One
Listed For Sale$1,595,000 $209RE/MAX One
Report issue with price history

Nearby Schools

Elementary School

Crescendo Charter

0.4 miles awayKG - 05

Elementary School

Martin Luther King Junior Elementary

0.5 miles awayKG - 05

Elementary School

Garr Academy Of Mathematics & Entrepreneurial Stud

0.5 miles awayKG - 05
Show more
Get more info on 4351 S Western Ave, Los Angeles, CA 90062
Profile
Chase Simonton
Listing Agent
(818) 366-3300
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Chase Simonton
Listing Agent
(818) 366-3300
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.