8325 Avalon Boulevard, Los Angeles, CA 90003
- $975,000
- 4
- BD
- 10
- BA
- 3,600
- SqFt
Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..
- List Price
- $975,000
- Status
- ACTIVE
- Days on Market
- 114
- Price Change
- ▼ $50,000 1784249627
- MLS#
- 26735417
- Subtype
- Residential Income
- Year Built
- 1923
- Bedrooms
- 4
- Bathrooms
- 10
- Living Area
- 3,600
- Lot Size
- 6,198
- Acres
- 0.14
- MLS Area Major
- Metropolitan South (C37)
Property Description
We are proud to present 8325 S Avalon Blvd, a well-priced 10-unit multifamily property in Los Angeles. Offered at an 8.26 GRM and a 4.98% CAP on actual rents, with upside potential to achieve a 4.95 GRM and an 12.15% CAP with market rents. The property is comprised of one, two-story building consisting of a total of 3,600 rentable square feet. Built in 1923, the property sits on a 6,198 square foot LAR4-zoned corner lot with street access on two sides plus alley access. The unit mix features four (4) one-bedroom one-bathroom units and six (6) studio units. All four (4) one-bedroom units have been renovated. The property also features additional space in the rear of the property that abuts the alley which can serve as on-site parking for tenants or for future ADUs (buyer to verify). Located off of Avalon Blvd and E 84th St just north of Manchester Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. Contact the listing broker for additional details.
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Additional Information
- Zoning
- LAR4
- Heating
- Wall Furnace
- Stories
- Two Levels
- Levels
- Two
- Parking Features
- Uncovered
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.