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5513 Avalon

Los Angeles, CA 90011
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SqFt4,251

Sqft(Lot)

Entitled yard space almost never comes to market in central Los Angeles. This one has it. 5513 S Avalon Blvd (Not the legal address) is a 4,250 SF fenced and gated lot operating under two City of Los Angeles Certificates of Occupancy, both finaled in 2018, one for the parking of trucks and buses and one for open storage. Anyone who has tried to permit a yard in this basin knows what that is worth. The City has spent the last decade making legal outdoor storage harder to create, not easier, and operators are competing for the sites that already have it. The site is level, usable, fully fenced with gated access and approximately 34 feet of frontage directly on Avalon Blvd, a high traffic commercial arterial. Under a mile to the 110 Freeway, minutes to the Slauson and Vernon industr ial districts, roughly four miles south of Downtown Los Angeles. For a fleet, that location means fewer miles on every run, every day, which is the number that shows up on an operator's P&L. The upside is unparalleled in today's market. The same tenant has occupied the entire yard for more than twenty years, month to month, with no written lease, at a rent set long ago that never moved with the market. That is the opportunity. A new owner can raise rent to current market, re-let the yard to a single user at today's rates, break it up and rent it space by space for a higher total, or give 30 days notice and move their own trucks and equipment in. Very few small industrial properties offer that much control on day one. The uses are vast: tow operators, trucking and fleet parking, box truck and trailer storage, contractor and equipment yards, construction staging, commissary and food truck parking, landscape and service company yards, or an owner user who simply needs secured space to park and store. Zoned M1-1-CPIO within the Southeast Los Angeles Community Plan area. Secured. Income producing. Entitled on day one. Sites like this get bought by the operators who already know how hard they are to replace. Tours by appointment, please do not disturb the tenant. Buyer to verify all aspects of the property, including lot size and dimensions, zoning, permitted uses, transferability of the certificates of occupancy, income, and the status of the existing tenancy, with the City of Los Angeles and qualified professionals of buyer's choosing.

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Detail Ic Property Details

Property Type : Land

Price : $650,000

AD Id : 91669818

MLS Id : OC26215903

Lot Size : 4,251 Sq. Ft(Lot)

County : Los Angeles

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Feature Features

  • Lot Information

    Main Square Feet: 4251 Lot Size Acres: 0.0976 Lot Size Source: Assessor Lot Size Square Feet: 4,251 Lot Description: NoLandscaping

  • Listing Price Information

    Listing Price: $650000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 5103012017 Tax Lot: 65

  • Location Information

    Direction: From I-110 Head West on Slauson Ave, turn Left on Avalon Blvd, and Lot is Gated and Located in between "SoCal Wheels & Tires" and a "Mini Market" WaterSource: Other
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
4366 Compton Ave, Los Angeles, CA, 90011 $749,000 -- -- -- 0.13 Acre(Lot)
1403 E 42nd Street, Los Angeles, CA, 90011 $699,000 -- -- -- 5,842 Sq. Ft(Lot)
4312 Ascot, Los Angeles, CA, 90011 $359,000 -- -- -- 1,481 Sq. Ft(Lot)
1550 East Slauson Avenu.., Los Angeles, CA, 90011 $5,700,000 -- -- -- 36,860 Sq. Ft(Lot)
964 Jefferson Boulevard, Los Angeles, CA, 90011 $1,549,000 -- -- -- 8,954 Sq. Ft(Lot)
715 E 41st Place, Los Angeles, CA, 90011 $799,000 -- -- -- 7,320 Sq. Ft(Lot)
142 E Vernon Avenue, Los Angeles, CA, 90011 $745,000 -- -- -- 6,593 Sq. Ft(Lot)

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ByOwner last updated this listing 10/11/2026 @ 05:18

MLS: OC26215903 LISTED BY: Enrique Huerta, Onyx Homes 949-649-4902 SOURCE: CRMLS

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