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$598,000   Price Analysis
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7818 Avalon Blvd
Los Angeles, CA 90003
4 bed 4 bath 2,240 SqFt ($266/SqFt)
4,000SqFt lot. Built 1947
Listed 2024-02-25, Taxes $4,276
Ⓧ USDA Ineligible
due to location

near Los Angeles

Investors' Special!!

* Has Contingent Offer *

4-unit multi-family investment property located in the heart of Los Angeles close to downtown, a mile to the Green Meadows Recreation Center and 5 miles from SoFi Stadium and the University of Southern California. Making it a perfect central location for your future prospective tenants! All units are 1+1 and each unit has its' own kitchen.

There's assigned parking spaces for all 4 units. Conveniently located to schools, shopping and eateries. Transp ortation and the bus lines are withn commuting distance. Please do not disturb the tenants. Shown with accepted offer ONLY. With a little TLC, it will increase the value! Hurry, this won't last long!


Presented by Natalie Gonzalez at
Sotheby's International Realty - Los Feliz Brokerage.
Listing Agent Photo

Property MLS #24-361463 from TheMLSCLAW

Bedrooms: 4

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Wall

Lot Size Acres: 0.0918274
Lot Size Dimensions: 40x100
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 4000

Garage Description: Assigned
Parking Total: 4

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1750, 2 BedsTotal: 2, 2 BathsTotal: 1, 2 SquareFeet: 1750, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 1750, 4 BathsTotal: 1, 4 SquareFeet: 1750

Tenant Pays: Gas, Electric

Source Listing Status: Active Under Contract
County: Los Angeles
Directions: Please use global positioning systems
Source Property Type: Residential Income
Exclusions: any tenant appliances
Inclusions: any owner appliances
Area: Metropolitan South
Source Neighborhood: Metropolitan South
Owner Pays: Gardener
Parcel Number: 6023-032-016
Postal Code Plus 4: 2328
Zoning: LAR3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$191,061 + $136,469
$327,530
$4,276
2021$187,315 + $133,794
$321,109
$4,216
2020$185,395 + $132,423
$317,818
$4,253
2019$181,760 + $129,827
$311,587
$4,097
2018$178,197 + $127,282
$305,479
$4,016
2017$174,703 + $124,787
$299,490
$3,932
2016$171,278 + $122,341
$293,619
$3,825
2015$168,706 + $120,504
$289,210
$3,773
2014$165,402 + $118,144
$283,546
$3,810
2013$164,655 + $117,611
$282,266
$3,811
2012$161,427 + $115,305
$276,732
$3,860
2010$158,262 + $113,045
$271,307
$3,789
2009$157,454 + $112,468
$269,922
$3,658
2009$157,080 + $112,201
$269,281
$3,658
2008$154,367 + $110,263
$264,630
$3,512
2007$151,341 + $108,101
$259,442
$3,395

Price Changed 2024-06-15
$598,000
TheMLSCLAW
Price Changed 2024-03-15
$688,000
TheMLSCLAW
Listed 2024-02-25
$798,000
TheMLSCLAW
Listing removed 1997-10-31
$136,500
ITECH
Listed 1997-02-28
$136,500
ITECH

Net Operating Income: 84000

Total Square Feet Living: 2240
Year Built: 1947
Common Walls: Attached
Levels: Two Level
Living Area Source: Vendor Enhanced
Property Age: 77
Levels or Stories: 2
Building Total Stories: 2
Year Built Source: Vendor Enhanced

Security Features: Gated

Mckinley Avenue Elementary School is a public elementary school located approximately 0.3 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 0.7 miles away.
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Charles Drew Middle School is a public middle school located approximately 1.1 miles away.
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Miracle Baptist Christian School is a private elementary and middle school located approximately 0.6 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.