Religious Facility with Parking
10616 Avalon Los Angeles, CA 90003
10616 Avalon, Los Angeles, CA, 90003
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For Sale
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2,395 SF building on a 9,011 SF lot with 6,600 SF open parking/yard and C2 and R4 zoning.
Property Size2,395 SF
Lot Size0.21 Acres
Price / SF$315.24
Days on Market84
Property Features for 10616 Avalon
General Information
- Standard status
- Active
- Size
- 2,395 SF
- Lot size
- 0.21 Acres
- Property subtype
- Land
Listing agency
Apartment Building Investments
(818) 605-2626
Listed by
Baron Castillo · License #CA 00646611
Source
Crexi
Added: Apr 30 Updated: Jul 21 at 10:46PM Checked: Jul 21 at 10:46PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Apartment Building Investments
Investment Insights
Based on property information with market context.
This offering is a 2,395 square foot building on a 9,011 square foot lot, paired with approximately 6,600 square feet of open parking/yard area. The building includes a large open area with a kitchen, restrooms, sitting areas, and office space, and the property is described as having private gated infrastructure.
The property is currently used as a religious facility. The lot is zoned C2 and R4, and the C2 designation is described as allowing for medical, legal, or insurance offices.
Beyond its existing religious use, the property is also described as suitable for private parking or fleet storage, with outdoor space potentially usable for businesses with vans or service vehicles and for secure outdoor assembly or storage needs. The building is also described as having 1920s character for creative/loft-style professional uses.
The property is currently used as a religious facility. The lot is zoned C2 and R4, and the C2 designation is described as allowing for medical, legal, or insurance offices.
Beyond its existing religious use, the property is also described as suitable for private parking or fleet storage, with outdoor space potentially usable for businesses with vans or service vehicles and for secure outdoor assembly or storage needs. The building is also described as having 1920s character for creative/loft-style professional uses.
Key Highlights
- 2,395 SF building on a 9,011 SF lot with about 6,600 SF of open parking/yard space
- Interior includes a large open area plus kitchen, restrooms, sitting areas, and office space
- C2 and R4 zoning—C2 supports uses such as medical, legal, or insurance offices
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.0k | $38.40 |
| − Vacancy | −$14.3k | −$5.99 |
| EGI | $77.6k | $32.41 |
| − OpEx | −$19.4k | −$8.10 |
| NOI | $58.2k | $24.31 |
2,395 SF · lease $38.40/SF/yr · vacancy 15.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$831.7K
$727.7K – $970.3K
NOI $58,216 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Apartment 5plus
$42.34M
$37.05M – $49.40M
NOI $2,963,942 @ 7.0% cap · market cap 392.58%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Churches & religious facilities
Similar For Sale Nearby
FAQs
What type of property is this?
Church & religious facility - 2,395 SF building on a 9,011 SF lot with 6,600 SF open parking/yard and C2 and R4 zoning.
Where is this church & religious facility located?
The property is located at 10616 Avalon Los Angeles, CA.
What is the asking price?
The asking price for this property is $755,000.
What are key features of this property?
This property features: 2,395 SF building on a 9,011 SF lot with about 6,600 SF of open parking/yard space; Interior includes a large open area plus kitchen, restrooms, sitting areas, and office space; C2 and R4 zoning—C2 supports uses such as medical, legal, or insurance offices
