Listing provided courtesy of Baron Castillo of Apartment Building Investments. Last updated 2026-03-02 09:37:35.000000. Listing information © 2025 Sandicor.
Asking Price: $755,000 |
10616 Avalon, Los Angeles CA 90003
Community:
This Multi Family property was built in 1926 and is priced at $755,000. Please see the additional details below.
Prime South Los Angeles Development Site | Tier 3 TOC | Unlimited Potential under ED1Unlock the potential of 10616 Avalon Blvd, a high-visibility development opportunity in one of Los Angeles' most rapidly evolving submarkets. Currently housing a +/-2,395 SF religious facility on a sprawling +/-9,011 SF lot, the true value lies in the Tier 3 TOC designation and C2-1-CPIO, {Q}R4-1 zoning.Positioned less than a mile from the Avalon Metro Station, this site offers a clear path to high-density residential or mixed-use redevelopment. Utilize Tier 3 incentives for a ~37-unit yield or leverage Executive Directive 1 (ED1) for a 100% affordable project with fast-tracked ministerial approvals and zero parking requirements. Don't miss this chance to capture the 'Missing Middle' demand in South LA.Featuring 60 feet of prime street frontage and ample gated parking/yard space, the property is a prime candidate for future residential conversion. Secure your foothold in the path of progress today.PROPERTY WILL HAVE TO GO THROUGH PROBATE
