4800 Avalon
Los Angeles, CA 90011

16,438 Sqft
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.
  • Zipcode: 90011
  • Days on Movoto: 32
  • Year Built:
  • HOA:
  • $/Sqft:
  • Lot: 16,438 Sqft
  • Property Type: Land
  • MLS#: 16164322
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listing Broker: Jon Emrani
  • Movoto last checked CRMLS for new data 3 hours ago
  • CRMLS last updated this listing 2 weeks ago

Property Features for 4800 Avalon , Los Angeles

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Real Estate Market Statistics of 4800 Avalon , Los Angeles

Los Angeles, California

Total Inventory For Sale

3493 Homes

+2% m/m +232% y/y

Median List Price


0% m/m +73% y/y

Median Days On Market

48 Days

-2% m/m -9% y/y

Median House Size

1,850 Sqft

0% m/m +37% y/y

Median Price Per Square Foot

$472 /Sqft

0% m/m +30% y/y

Median Price

As of today, there are 90 properties listed for sale in ZIP code 90011 and 3,493 properties listed for sale in the city of Los Angeles, CA. This property at 4800 Avalon in 90011 is currently listed for $1,400,000. This is 75% above the $799,000 median price for Los Angeles and 219% above the 90011 median of $439,000. Of the 3,493 properties for sale in Los Angeles, 2,843 are single family homes and 650 are condos. 4800 Avalon is a land home that is approximately — square feet, 100% below the Los Angeles median of 1,850 and 100% below the 90011 ZIP code median of 1,769. The price per Sqft is —, which is 100% below the median price in 90011 of $246 and 100% below the Los Angeles median of $472 per square foot.

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Get to Know Los Angeles

This land house is located at 4800 Avalon. It is listed on 09/20/2016 for $1,400,000. 4800 Avalon is located in the Los Angeles Unified School District. The closest school is Forty-Ninth Street Elementary School.

4800 Avalon has been on the market for 32 days. The median days on the market for properties in this area is 48 with a median list price of $799,000 and median cost per square foot of $472. It's currently listed as active under the MLS #16164322.

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