12411 Avalon Blvd., Los Angeles, CA 90061
INVESTMENT OVERVIEW
This 33,622 SF development site in unincorporated Los Angeles County will be delivered with Ready-to-Issue (RTI) permits for a modern 5-story, 260-unit multifamily project. The approved unit mix includes 84 studio apartments and 176 one-bedroom units, with efficient average sizes of approximately 420 square feet, designed to balance space, functionality, and long-term leasing demand.
Located on Avalon Boulevard, a major arterial in South Los Angeles, the site offers excellent connectivity to the I-105 and I-110 Freeways, the Green Line Metro, and key employment hubs in Inglewood, Downtown LA, South Bay, and LAX. The property benefits from proximity to public transit and is situated in a Transit Oriented Community (TOC) Tier zone, making it an ideal site for a high-density infill development.
The project’s thoughtful design supports an efficient building layout with compact units, appealing to today’s urban renter profile—especially students, professionals, and workforce housing seekers. As development activity and infrastructure investment continue to rise throughout South LA, this location is positioned to benefit from strong long-term housing demand and favorable demographic trends.
With RTI permits already in hand, the developer can immediately move forward with construction, eliminating entitlement risk and significantly accelerating the timeline to delivery. The scale, zoning, and design flexibility make 12411 Avalon Blvd a strategic opportunity for developers and investors looking to deliver high-impact, high-demand housing in one of Los Angeles County’s most active growth corridors.
12411 Avalon Blvd.
Project Overview
| Project Information | |
|---|---|
| Gross Building Area | 123,642 SF |
| Build-able Units | 260 Unit 176 (1-Bedroom) | 84 (STUDIOS) |
| Stories | 5 |
| Average Unit Size | 420 |
| Net Rentable | 118,751 SF |
| Lot Size | 33,622 SF |
| Legal Description | |
| Site Address | 12411 Avalon Blvd., Los Angeles, CA 90061 |
| Zoning | LCM1-B1-R1* |
| APN | 6086-018-022 & 6086-018-021 |
12411 Avalon Blvd.
Price Analysis
Gross building area
123,642 SF
Build-able Units
260
STORIES
5 FLOORS
LOT SIZE
33,622 SF
NET RENTABLE AREA
118,751 SF
| COST SUMMARY | |
|---|---|
| Acquisition Costs: | $ 6,600,000.00 |
| Operating Expenses at 5% of Acquisition | $ 330,000.00 |
| Construction Costs: | $ 32,270,000.00 |
| Total Development Costs | $ 38,870,000.00 |
| Plan #1 : DISPOSITION | ||
|---|---|---|
| Projected Property Value: | $81,217,506.46 | |
| Disposition Cap Rate: | 6.50% | |
| Sales Proceeds at Disposition: | ||
| Projected Sale Value: | $ 81,217,506.46 | |
| Broker Commission: at 6.0% of Sale Price | $ 4,873,050.39 | |
| Closing Cost: at 0.5% of Sale Price | $ 406,087.53 | |
| Net Sale Proceed | $ 75,938,368.54 | |
| less: Project Cost | $ 38,870,000.00 | |
| Net Profit | $ 37,068,368.54 | |
| ROI | 95.36% | |
| PLAN #2: HOLD | |
|---|---|
| OPERATING PERFORMANCE | |
| Scheduled Lease Revenue | $ 6,891,696.00 |
| less: Manager Unit | $ 27,468.00 |
| less: Vacancies & Bad Debt at 3.00 % | $ 206,750.88 |
| less: Operating Expenses | $ 1,378,339.20 |
| Total | $ 1,612,558.08 |
| Residential Cash Flow | $ 5,279,137.92 |
| Net Operating Income | $ 5,279,137.92 |
| Cap Rate on Total Cost | 13.58% |
12411 Avalon Blvd.
Project Plans
Westlake – Downtown Los Angeles
Neighborhood
Strategically located in the Westlake district, just west of Downtown Los Angeles.
Offers excellent access to major freeways including I-10, US-101, and I-110, connecting residents to Hollywood, Koreatown, and Mid-City within minutes.
Walking distance to 7th Street/Metro Center Station, with connections to multiple Metro lines serving the greater LA region.
Crypto.com Arena, LA Live, and The Bloc shopping center are just a few blocks away, providing world-class entertainment, dining, and retail.
Close proximity to Good Samaritan Hospital, FIGat7th, and several new mixed-use residential and office developments.
USC and LA Trade Tech College are easily reachable within a short drive or a few Metro stops.
A vibrant, urban community with a growing population of professionals, students, and entrepreneurs.
Increasingly popular among young renters and creatives seeking proximity to downtown jobs and transit.
A blend of long-term residents and newcomers contributing to a diverse, energetic cultural mix.
Characterized by high-density apartments, modern mid-rises, and adaptive-reuse lofts.
Several new multi-family and mixed-use projects in development, driven by Downtown LA’s ongoing revitalization.
Offers a range of rental options — from affordable units to luxury apartments with modern amenities.
Excellent walkability with nearby grocery stores, cafes, and coworking spaces.
Ideal for urban professionals who value convenience, culture, and access to city life.
Home to a thriving food scene, from trendy coffee shops and rooftop bars to global cuisine restaurants.
Within minutes of The Broad Museum, Walt Disney Concert Hall, and MOCA, offering easy access to arts and culture.
A dynamic, 24-hour neighborhood where work, leisure, and entertainment intersect.
Served by Los Angeles Unified School District (LAUSD).
Nearby schools include John H. Francis Polytechnic High, Magnolia Science Academy, and Downtown Business Magnet High School.
Close to LA Trade Technical College and University of Southern California (USC).
Steps away from FIGat7th, Whole Foods Market, Target, and The Bloc for daily shopping and dining.
Pershing Square, Grand Park, and MacArthur Park provide green open spaces within minutes.
Extensive public transit options including Metro Rail, DASH, and bike-share programs.
Access to medical, business, and retail hubs, making it an ideal live-work-play environment.
