Metropolitan South Real Estate

Metropolitan South Real Estate

Welcome to the vibrant and diverse Metropolitan South region of Los Angeles, California, where urban sophistication meets the warmth of community living. This dynamic area is a tapestry woven from rich cultural threads, offering an eclectic mix of neighborhoods that cater to a variety of lifestyles.

Metropolitan South is renowned for its stunning landscapes, featuring everything from lush parks to scenic views of the iconic Los Angeles skyline. Residents enjoy the convenience of urban living while being just a stone's throw away from the breathtaking beaches of the Pacific Coast. The region is home to a diverse population, contributing to a rich culinary scene that boasts everything from food trucks serving delectable street tacos to upscale restaurants offering gourmet dishes from around the globe.

Education and innovation thrive here, with top-rated schools and universities that attract families and students alike. The area is also a hub for creative industries, making it an ideal destination for aspiring artists and professionals seeking inspiration in every corner.

Transportation is a breeze in Metropolitan South, with easy access to major freeways and public transit options that connect you to the heart of Los Angeles and beyond. Whether you’re commuting for work or exploring the vibrant neighborhoods, you’ll find that convenience is at your fingertips.

In Metropolitan South, you’re not just finding a home; you’re discovering a lifestyle filled with opportunities, community engagement, and a vibrant cultural pulse. Explore the charm and excitement of this exceptional region, and see why so many are proud to call it home. Welcome to your new adventure in Metropolitan South!

Newest Listings in Metropolitan South

$925,000
10 Beds 5 Baths ACTIVE Status
We are pleased to present 125 E 104th St, a five-unit multifamily property in the Green Meadows neighborhood of South Los Angeles. The property features a classic fourplex paired with a 2022-built ADU, comprised entirely of spacious 2-bedroom, 1-bathroom units. Offered at $925,000, the property represents an attractive entry point at approximately $185,000 per unit. Priced at a 9.08% CAP rate and 7.61 GRM based on current income, the property offers strong in-place cash flow with meaningful upside potential. Current HACLA Voucher Payment Standards support a potential 11.15% CAP rate and 6.48 GRM as units are leased to voucher holders over time. New ownership has two potential paths to increased income. Rents can be moved toward market as units turn over, or units may be leased to Section 8 voucher holders at HACLA payment standards that frequently meet or exceed market rents in this submarket. With HACLA emerging from shortfall status, voucher issuance resuming, and approximately 2,700 emergency voucher households expected to transition into the regular program this fall, the timing presents an opportunity for future rental upside. At just $185,000 per unit, the property offers one of the lower per-unit bases for a comparable income-producing asset in the market. The uniform unit mix and modern 2022 ADU provide strong occupancy potential, straightforward management, and lower near-term maintenance requirements. The property also qualifies for 100% bonus depreciation under the One Big Beautiful Bill Act, potentially making it an attractive candidate for a cost segregation study to accelerate depreciation deductions in the early years of ownership. Located in South Los Angeles, the property is positioned within a dense, high-demand rental corridor anchored by major employers including Martin Luther King Jr. Community Hospital. The property also offers convenient access to the 110 Harbor Freeway, 105 and 710 Freeways, and the Metro A (Blue) Line, located approximately one mile away.

125 E 104th St, Los Angeles

Courtesy of Lyon Stahl Investment Real Estate, Inc., Benjamin Lee - CA DRE#02123715

$1,150,000
ACTIVE Status
We are pleased to present 10958 Avalon Blvd, a compelling +/-11,785-square-foot development opportunity priced at just $97/SF in the heart of South Los Angeles. Situated on a prominent corner lot with alley access, the property is zoned LARD2-1 and benefits from a Tier 2 TOC designation, creating a variety of potential development avenues for investors and developers.The site offers the opportunity to pursue either a market-rate residential development or an affordable housing project, with particularly attractive potential under Los Angeles' Executive Directive 1 (ED1) framework. A 100% affordable ED1 development could potentially accommodate approximately 80 residential units, with no on-site parking requirement, providing an efficient development scenario utilizing a cost-effective stick-built, at-grade construction approach. The current ownership has also prepared plans for a 66-unit residential development, providing a valuable starting point for a prospective developer and demonstrating the site's residential potential.Beyond residential development, the property's existing improvements may provide an opportunity for an owner-user or entrepreneurial operator to reposition and revive the site's previous automotive use. While the existing structures are currently in disrepair, the property's zoning, corner positioning, and accessibility create flexibility for a buyer evaluating multiple strategies.The location provides excellent connectivity throughout Los Angeles, with the property positioned directly across from Alain LeRoy Locke College Preparatory Academy and convenient access to the 110 and 105 Freeways. Multiple nearby bus routes further enhance accessibility, providing connectivity for both residents and employees. The combination of transit access, proximity to major employment centers, and a substantial surrounding residential population supports the area's long-term demand for well-located housing.Buyer shall independently verify all zoning, TOC, ED1, unit-count, parking, density, development, and other property characteristics with the appropriate governmental agencies. All development concepts and unit counts are subject to Buyer's independent due diligence, approvals, and feasibility analysis. Contact the listing broker for additional information.

10958 Avalon Blvd, Los Angeles

Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650

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