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$950,000   Price Analysis
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10616 Avalon Blvd
Los Angeles, CA 90003
1 bed 2 bath 2,395 SqFt ($396/SqFt)
9,013SqFt lot. Built 1926
Listed 2024-06-06
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

This 9

013 Square Feet Lot, with a 2, 395 Square Fee t Building is in the Southeast area of Los Angeles known as Green Meadows. Property is zoned LAR4 which is Multiple Dwelling Zoning, allowing for Multi-Family residential buildings, such as Apartments, Condos and some Fraternities/Sororities. Alowing for up to 6-9 stories. Other permitted uses would be Church, School, Childcare, Hotel/Motel and any use permitted in the 'R3' Multiple Dwelling Zone.The neighborhood consists of Single-family homes, apartments and condos.

It is located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles. Under construction across the street at 10705 Avalon Blvd is a new 69 Unit, five-story Apartment Building. This Listed Avalon Blvd property is on the same street, the same zoning and slightly smaller. For Additional Information go to: If you can see yourself nvesting and you feel now is the time Call/Write Now!


Presented by Baron Castillo at
Apartment Building Investments.
Listing Agent Photo

Property MLS #P1-17958 from CRMLS

Bedrooms: 1

Beamed Ceilings
Cathedral Ceiling(s)
Flooring: Carpet

Great Room, Office

Cooling Features: Evaporative Cooling
Heating Features: Natural Gas
Heating: Yes

Full Bathrooms: 2

Fencing: Fence YN: Yes, Fencing: Chain Link
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: Level, Lot 6500-9999, Value In Land
Lot Size Acres: 0.20691
Lot Size Dimensions: 75 x 120
Lot Size Source: Assessor
Lot Size Square Feet: 9013

Parking Features: Parking YN: Yes, Parking Features: Parking Space, Driveway, Paved, On Site, RV Access/Parking
Parking Total: 12

Association: No
Calculated Total Monthly Association Fees: 0

Number of Units: 1
Bedrooms in Unit-1: 1
Total Bathrooms in Unit-1: 2

Rent Control: Yes

Community Features: Street Lights

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1500.00
Number of Separate Electric Meters: 1
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 6051029032
Trash Expense: 250.00
Zoning: LAR4
Source System Name: C2C

Price Changed 2024-07-01
$950,000
CRMLS
Listed 2024-06-06
$1,175,000
CRMLS

Net Operating Income: 14100.00

Total Square Feet Living: 2395
Year Built: 1926
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Frame, Plaster
Direction Faces: West
Foundation Details: Slab
Property Age: 98
Property Condition: Fixer
Roof: Asbestos Shingle, Shingle, Flat
Levels or Stories: One
Building Total Stories: 1
Structure Type: Commercial/Residential
Year Built Source: Assessor

Parking

Sewer: Sewer: Public Sewer
Electricity Connected
Water Connected
Sewer Connected
Phone Available
Natural Gas Connected
Water Source: Public

One Hundred Ninth Street Elementary School is a public elementary school located approximately 0.3 miles away.
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Samuel Gompers Middle School is a public middle school located approximately 0.6 miles away.
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Alain Leroy Locke College Prep Academy is a public high school located approximately 0.4 miles away.
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Verbum Dei High School is a private high school located approximately 0.8 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.