$1,150,000

10958 Avalon Boulevard, Los Angeles, CA 90061

  • 2,067 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1946
  • Property Lot Size Icon0.27acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $556/sqft
  • Property List Date Icon Listed 21 days ago

Property Description

We are pleased to present 10958 Avalon Blvd, a compelling +/-11,785-square-foot development opportunity priced at just $97/SF in the heart of South Los Angeles. Situated on a prominent corner lot with alley access, the property is zoned LARD2-1 and benefits from a Tier 2 TOC designation, creating a variety of potential development avenues for investors and developers. The site offers the opportunity to pursue either a market-rate residential development or an affordable housing project, with particularly attractive potential under Los Angeles' Executive Directive 1 (ED1) framework. A 100% affordable ED1 development could potentially accommodate approximately 80 residential units, with no on-site parking requirement, providing an efficient development scenario utilizing a cost-effective stick-built, at-grade construction approach. The current ownership has also prepared plans for a 66-unit residential development, providing a valuable starting point for a prospective developer and demonstrating the site's residential potential. Beyond residential development, the property's existing improvements may provide an opportunity for an owner-user or entrepreneurial operator to reposition and revive the site's previous automotive use. While the existing structures are currently in disrepair, the property's zoning, corner positioning, and accessibility create flexibility for a buyer evaluating multiple strategies. The location provides excellent connectivity throughout Los Angeles, with the property positioned directly across from Alain LeRoy Locke College Preparatory Academy and convenient access to the 110 and 105 Freeways. Multiple nearby bus routes further enhance accessibility, providing connectivity for both residents and employees. The combination of transit access, proximity to major employment centers, and a substantial surrounding residential population supports the area's long-term demand for well-located housing. Buyer shall independently verify all zoning, TOC, ED1, unit-count, parking, density, development, and other property characteristics with the appropriate governmental agencies. All development concepts and unit counts are subject to Buyer's independent due diligence, approvals, and feasibility analysis. Contact the listing broker for additional information.

Listing Status:
Active
Date Added:
September 1, 2026
Data Last Updated:
September 22, 2026 at 9:06PM
Listing Office:
Kidder Mathews of California, Inc. : 858-369-3010
Listing Agent:
Casey Lins : 714-333-6768
MLS ID:
CL26932487
  • Parking: Parking spaces: 20
  • County: Los Angeles
  • Zoning: LARD26071004030

This listing courtesy of Casey Lins , Kidder Mathews of California, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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