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Multifamily Property with Redevelopment Plans
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4300 S Western Ave, Los Angeles, CA 90062

Two residential buildings with on-site parking occupy a centrally located Western Avenue corridor site.

Property Size2,712 SF
Lot Size0.13 Acres
Price / SF$330.01
Days on Market154

Property Features for 4300 S Western Ave

General Information

Standard status Active
Size 2,712 SF
Lot size 0.13 Acres
Property subtype Land, Multifamily
Zoning LAC2
Occupancy 100%
Investment Type Redevelopment

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Multifamily Units 2

Building Details

Year Built 1919
Buildings 2
Stories 2
Units 2
Listing Agency: KW Commercial L.A. Westside
Listed By: Omid Saleh · License #CA 01980838
Source: Crexi
Added: Apr 1 Changed: Aug 30 Last Checked: Aug 30 at 8:43PM

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 KW Commercial L.A. Westside

Investment Insights

Based on property information with market context.

This multifamily property includes two separate residential buildings totaling 2,712 square feet on a 5,785-square-foot site. Constructed in 1919, the improvements have frontage along Western Avenue and include on-site parking. Plans are available for a 29-unit apartment development, adding a documented redevelopment option to the existing residential configuration.

The property is positioned on Western Avenue in South Los Angeles, near neighborhood retail, service businesses, schools, and public transit. Multiple Metro bus lines operate along the corridor, with connections toward Downtown Los Angeles and other employment centers. USC is less than two miles away, while Downtown Los Angeles and Exposition Park are within a short commute. The surrounding area includes more than 50,000 residents within one mile and over 450,000 within three miles.

Key Highlights

  • Plans available for a 29‑unit apartment development
  • Two separate residential buildings totaling 2,712 square feet
  • 5,785‑square‑foot site with frontage along Western Avenue

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Spa & Massage Center Skin Care Clinic Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,076
Businesses Nearby

Demographics for 90062, CA

32,524
Population
10,060
Households
3.2
Avg Household Size
36
Median Age
17%
College-Educated
65%
High-School Grad
1.9 sq mi
ZIP Area
17,118
Density / Sq Mi
$63,652
Median Household Income
$35,911
Median Earnings
$1,473
Median Rent
$672,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residential buildings with on-site parking occupy a centrally located Western Avenue corridor site.
Where is this multifamily property located?
The property is located at 4300 S Western Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Plans available for a 29‑unit apartment development; Two separate residential buildings totaling 2,712 square feet; 5,785‑square‑foot site with frontage along Western Avenue
(310) 482-2500 Call to check price and availability
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