11854 Avalon Blvd., Los Angeles, CA 90061
INVESTMENT OVERVIEW
This 15,220 SF C2-1VL-CPIO zoned lot will be delivered Ready-to-Issue (RTI) with approved plans for a 5-story, 89-unit multifamily development. The proposed unit mix includes 9 studios and 80 one-bedrooms, with average unit sizes ranging from 350 to 390 square feet, optimized for urban living and efficient layouts.
Located in the rapidly transforming South Los Angeles submarket, 11854 Avalon Blvd is a TOC Tier 3 site that benefits from strong transit connectivity, access to major job centers, and a growing demand for workforce and affordable housing. The property sits just off the I-105 and I-110 freeway junction, offering convenient access to Downtown LA, LAX, Inglewood, and the South Bay employment hubs.
As investment continues to flow into South LA through both public infrastructure and private development, this location is well-positioned to capture long-term rental demand from students, professionals, and low- to moderate-income households.
The project is eligible for density incentives and streamlined approvals under TOC Tier 3, creating a powerful investment profile supported by stable fundamentals and strong affordability drivers.
With RTI permits already secured, developers can bypass the time and uncertainty of the entitlement process and begin construction immediately. The project’s thoughtful design, efficient unit mix, and walkable location—proximate to transit, schools, retail corridors, and community services—make it an attractive asset for value-add, income-restricted, or long-term hold strategies.
In a market where entitled land is scarce and demand for well-located housing continues to rise, 11854 Avalon Blvd presents a rare, shovel-ready opportunity to deliver high-impact, high-demand housing in one of LA’s most active redevelopment zones.
11860 Avalon Blvd.
Project Overview
| Project Information | |
|---|---|
| Gross Building Area | 47,265 |
| Build-able Units | 89 Unit 82 (1-Bedroom) | 7 (STUDIOS) |
| Stories | 5 |
| Net Rentable | 40,022 SF |
| Lot Size | 15,220 SF |
| Legal Description | |
| Site Address | 11854 Avalon Blvd., Los Angeles, CA 90061 |
| Zoning | C2 - Tier 3 |
| APN | 6084005035/6084005036 |
11860 Avalon Blvd.
Price Analysis
Gross building area
47,265 SF
Build-able Units
89
STORIES
5 FLOORS
LOT SIZE
15,220 SF
NET RENTABLE AREA
40,022 SF
| COST SUMMARY | |
|---|---|
| Acquisition Costs: | $2,848,000.00 |
| Operating Expenses at 5% of Acquisition | $142,400.00 |
| Construction Costs: | $ 11,816,250.00 |
| Total Development Costs | $ 14,806,650.00 |
| Plan #1 : DISPOSITION | ||
|---|---|---|
| Projected Property Value: | $ 23,707,030.15 | |
| Disposition Cap Rate: | 6.50% | |
| Sales Proceeds at Disposition: | ||
| Projected Sale Value: | $ 23,707,030.15 | |
| Broker Commission: at 6.0% of Sale Price | $ 1,422,421.81 | |
| Closing Cost: at 0.5% of Sale Price | $ 118,535.15 | |
| Net Sale Proceed | $ 22,166,073.19 | |
| less: Project Cost | $ 14,806,650.00 | |
| Net Profit | $ 7,359,423.19 | |
| ROI | 49.70% | |
| PLAN #2: HOLD | |
|---|---|
| OPERATING PERFORMANCE | |
| Scheduled Lease Revenue | $ 2,170,668.00 |
| less: Manager Unit | $ 21,924.00 |
| less: Vacancies & Bad Debt at 3.00 % | $ 65,120.04 |
| less: Operating Expenses | $ 542,667.00 |
| Total | $ 629,711.04 |
| Residential Cash Flow | $ 1,540,956.96 |
| Net Operating Income | $ 1,540,956.96 |
| Cap Rate on Total Cost | 10% |
11854 Avalon Blvd.
Project Plans
Avalon Gardens
Neighborhood
Located in South Los Angeles, near the intersection of Avalon Boulevard and 120th Street.
Offers convenient access to major freeways including I-105, I-110, and I-405, connecting residents to Downtown LA, LAX, and Long Beach within minutes.
Close to major transit lines operated by LA Metro, making it easy to commute without a car.
Within proximity to local parks such as Will Rogers Memorial Park and Athens Park, offering open green spaces and recreation.
The area is undergoing steady improvement through community investment and housing redevelopment projects.
Just a short drive from SoFi Stadium, Hollywood Park, and The Kia Forum, providing access to top entertainment and events.
A diverse, family-oriented community with deep cultural roots in South LA.
Population includes long-time residents, working professionals, and families seeking affordability and accessibility.
Strong sense of community with local churches, youth programs, and neighborhood associations.
Primarily multi-family apartments, duplexes, and single-family homes, many with recent renovations.
Affordable rental and ownership options compared to central LA.
Continued investment in new housing developments and affordable housing projects along Avalon Blvd.
Increasing interest from developers due to proximity to major transit routes and growing regional amenities.
A quiet, residential neighborhood with a balance of urban convenience and local culture.
Close to grocery stores, small restaurants, and local markets offering authentic cuisines.
Minutes from South Bay shopping centers and Inglewood entertainment district.
Community-driven initiatives support clean streets, beautification, and small business development.
Served by the Los Angeles Unified School District (LAUSD).
Nearby schools include Avalon Gardens Elementary School, Charles W. Barrett Elementary, and Animo Watts College Preparatory Academy.
Access to Los Angeles Southwest College for higher education and vocational training.
Local access to parks, community centers, and public libraries.
Healthcare and social services available nearby through community clinics and the MLK Jr. Community Hospital.
Retail corridors along Avalon Blvd and Imperial Highway provide daily conveniences.
Close proximity to LAX, Downtown LA, and the South Bay for expanded amenities and employment opportunities.
