7818 Avalon Boulevard

Los Angeles, CA 90001

$688,000
Price
4
Beds
4
Baths
2,240 Sq. Ft.
$307 / Sq. Ft.
2,240
Sq. Ft.
$307
per Sq. Ft.

Description

Investors' Special! 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 only 5 miles from SoFi Stadium & 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 & eateries. Transportation and the bus lines...Investors' Special! 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 only 5 miles from SoFi Stadium & 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 & eateries. Transportation and the bus lines are within commuting distance. Please do not disturb the tenants. With a little TLC, it will only increase the value! Hurry, this won't last long!
  1. Listed by Natalie Gonzalez • DRE #01991721 • Brokerage DRE #01407690 • Sotheby's International Realty

Property Details for 7818 Avalon Boulevard

Zoning
LAR3
Parcel Number
6023032016
Total Units
4.0
Living Area
2240
Source Living Area
Vendor Enhanced
Area
Metropolitan South (C37)
Vacancy Rate
0
Lot Size Area
4000

Location

Listing Courtesy of Sotheby's International Realty, Natalie Gonzalez, DRE #01991721
Add your commute
LISTING UPDATED: 04/29/2024 09:28 AM

Property Details for 7818 Avalon Boulevard

StatusActive
MLS #24-361463
Days on Market66
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1947
Lot Size0.09 AC / 4,000 SF
CountyLos Angeles County

Location

Listing Courtesy of Sotheby's International Realty, Natalie Gonzalez, DRE #01991721
Add your commute

Building Information for 7818 Avalon Boulevard

Stories2Residences-Year Built1947Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$4,128 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,755

Property Taxes

$373

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7818 Avalon Boulevard

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: attached
  • Security Features: Gated
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $52,500
  • Net Operating Income: $84,000.00
  • Gross Income: $0
  • Gross Rent Multiplier: $15.20
  • Owner Pays: Gardener, Other
  • Total Annual Expense: 0
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0918
  • Lot Size Square Feet: 4000
  • Lot Size Dimensions: 40x100
  • Source Lot Size Dimensions: Vendor Enhanced
Parking Details
Parking Details
  • Parking Garage: Assigned
  • Total Parking: 4
  • Garage Spaces Total: 0
  • Parking Features: Assigned
  • Garage Structures Total: 0.0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: Other
  • Common Walls: Attached
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 02-25-2024
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,695.00
  • Unit Actual Rent: $1,695.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,151.00
  • Unit Actual Rent: $1,151.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $873.00
  • Unit Actual Rent: $873.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $656.00
  • Unit Actual Rent: $656.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $194,882.00
  • Assessed Improvement Percent: 58.33
  • Assessed Land Value: $139,198.00
  • Assessed Land Percent: 41.67
  • Assessed Total Value: $334,080.00

Property History for 7818 Avalon Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7818 Avalon Boulevard

Taxable ValueLand$139,198Additions$195,182Total$334,380
Tax Record2023$4,473 ($373 / month)
Home Facts
Total Finished SqFt2,240 SqFtAbove Grade Finished SqFt2,240 SqFtLot Size4,000 SqFtStyleQuadraplexYear Built1947ZoningLAR3CountyLOS ANGELESAPN6023-032-016

Schools near 7818 Avalon Boulevard

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Mckinley Avenue Elementary School
PublicK to 6

Charles Drew Middle School
Public7 to 8

John Hope Continuation School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7818 Avalon Boulevard is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on February 25, 2024 by Sotheby's International Realty, it's currently listed at $688,000. It has been on the market for a total of 66 days and was last sold on September 16, 1999. This listing's school district is Los Angeles Unified School District. Nearby schools include Mckinley Avenue Elementary School, Charles Drew Middle School and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 7818 Avalon Boulevard is a 4-bed, 4-bath, 2,240 sqft multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Sotheby's International Realty, Natalie Gonzalez, DRE #01991721

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.