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8717 S Central Ave
Los Angeles, CA 90002 Canndu/Avalon Gardens

$4,000,000 USD

Apartments For Sale  •  11,288 SF

Property Details

  • Property Type Apartments
  • Total Building Size 11,288 SF
  • Lot Size 0.14 AC
  • Building Class B
  • Year Built 2026
  • Zoning LAC2
70 Transit Score
60 Walk Score

Highlights

New Construction- 20 unit multifamily apartment- estimated completion Q2 2026.
100% Affordable housing project.
Pro Forma Cap Rate: 8.66%
Developed under TOC Tier 2 incentives.
Strong opportunity for nonprofit buyers, affordable housing operators and long term investors.
Convenient access to transit, employment centers, schools, shopping and major thoroughfares.

Amenities

  • Roof Terrace
  • Bicycle Storage

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 18 min - 9.1 mi
Transit/SubwayDriveWalkDistance
Firestone Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 18 min 0.9 mi
AirportDriveWalkDistance
Los Angeles International 20 min - 12.5 mi
Long Beach (Daugherty Field) 26 min - 15.7 mi
Bob Hope 36 min - 25.2 mi
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