Incredible Upside Potential: Unlock the hidden value of this Multi-Family property located at 11655 Avalon Blvd! With current rents approximately 58% below market value, you have a golden opportunity to maximize your return on investment.
While Rent Control limits annual increases to around 3%, the moment turnover occurs, you can dramatically raise rents to match the market rates.
The property is located in the South Los Angeles neighborhood of Willowbrook, known for its diverse community and rich cultural heritage.
The nearby Martin Luther King Jr. Community Hospital provides essential healthcare services to the community.
The property is in close proximity to several educational institutions, including Charles Drew University of Medicine and Science, which offers various academic programs in healthcare and science fields.
For outdoor enthusiasts, Willowbrook Park offers recreational facilities such as playgrounds, sports fields, and picnic areas.
The property benefits from its convenient access to major transportation routes, including the nearby Interstate 105, facilitating easy commuting and connectivity to other parts of Los Angeles.
The property is located in the neighborhood of South Los Angeles, which has experienced revitalization and development in recent years. For example, the nearby USC Village is a mixed-use development that includes retail, residential, and dining options, attracting both students and local residents.
The property is situated on Avalon Boulevard, a major thoroughfare that provides convenient access to other parts of the city. This enhances the property's visibility and potential for attracting customers or tenants.
The area is home to several public transportation options, including bus lines and the Metro Blue Line. This makes it easier for employees, customers, and tenants to commute to and from the property.
There are various amenities and services in the vicinity, such as shopping centers, grocery stores, and restaurants. For instance, the SouthBay Pavilion Mall is located just a short drive away and offers a wide range of retail options.
