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8711 Avalon Blvd, Los Angeles, CA, 90003

20beds
10baths
5,704sqft
$2,500,000
$438price/sqft
$15,750/moest. monthly cost
$630,000/yrincome needed

About This Home

Here we have a two story 10-plex apartment building. All units are two bedrooms with a full bath, kitchen, dining area and a living room. The building has recently been painted to match the neighboring 10-plex at 8717 which is also on the market. Rent rolls occupied are at 90% at 90% of the calendar year. As vacancies do come available, they are upgraded to include paint, carpet, flooring, kitchens and bathrooms as needed. This building is supported by a 500-gallon hot water system for the comfort and care of the tenants. The roof was recently serviced for prevented maintenance and verified for continued problem free use. The parking lot has restriped with one space per apartment with addition spaces in the lot. The structure insurance was recently renewed. The parking area is gated and has exterior lighting for the safety of the tenants and their families. The property is within walking distance of transportation stops, shopping and restaurants. It is also close to freeway transportation routes and their accesses ramps.

Getting Around

36
WalkingCar-Dependent
57
TransitGood Transit
56
BikeBikeable

Construction

Condition

  • Year built: 1959

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 20
  • Bathrooms: 10

Features

  • Fireplace features: None
  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 5,704
  • Total interior livable area: 5,704 sqft

Property

Details

  • Parcel number: 6041019022
  • Attached to another structure: Yes
  • Zoning: Lam1
  • Special condition: Standard,Trust

Features

  • Entry location: Front Door
  • Pool features: None

Lot

  • Lot size: 10,526 sqft
  • Features: 0-1 Unit/Acre,Street Level,Walkstreet