8018 Avalon Boulevard

Los Angeles, CA 90001

$387,500
Last Sold Price
2
Beds
3
Baths
1,664 Sq. Ft.
$233 / Sq. Ft.
1,664
Sq. Ft.
$233
per Sq. Ft.

Description

REO Sale of a 100% vacant mixed-use property. Front commercial building consists of two retail stores totaling 960 SF. Rear single family home of 704 SF consists of 2 bedrooms and 2 bathrooms. Property being sold AS IS. Ideal for an owner-user to occupy the retail stores and either lease or occupy the house. Located 2 blocks from Fremont High School and close to 110 Freeway, providing close access to Downtown Los Angeles.REO Sale of a 100% vacant mixed-use property. Front commercial building consists of two retail stores totaling 960 SF. Rear single family home of 704 SF consists of 2 bedrooms and 2 bathrooms. Property being sold AS IS. Ideal for an owner-user to occupy the retail stores and either lease or occupy the house. Located 2 blocks from Fremont High School and close to 110 Freeway, providing close access to Downtown Los Angeles.
  1. Listed by Darin Spillman • DRE #01366902 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.

Property Details for 8018 Avalon Boulevard

Zoning
LAC2
Parcel Number
6029008006
Total Units
2.0
Living Area
1664
Source Living Area
Assessor
Area
Metropolitan South (C37)
Vacancy Rate
100%
Lot Size Area
4002

Location

Listing Courtesy of Kidder Mathews of California, Inc., Darin Spillman, DRE #01366902

Sold By Kidder Mathews of California, Inc., Darin Spillman, DRE #01366902

Add your commute
LISTING UPDATED: 10/17/2023 12:56 PM

Property Details for 8018 Avalon Boulevard

StatusSold
MLS #23-280329
Days on Market28
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1934
Lot Size0.09 AC / 4,002 SF
CountyLos Angeles County

Location

Listing Courtesy of Kidder Mathews of California, Inc., Darin Spillman, DRE #01366902

Sold By Kidder Mathews of California, Inc., Darin Spillman, DRE #01366902

Add your commute

Building Information for 8018 Avalon Boulevard

Stories1Residences-Year Built1934Building Size-Lot Size0.09 AC / 4,002 SF

Payment Calculator

$2,844 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,115

Property Taxes

$729

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8018 Avalon Boulevard

Community / Development
Community / Development
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: Mixed-Use
Contract Info
Contract Info
  • Probate: No
  • Financing: Conventional, Cash, Cash To New Loan, Owner May Carry
  • Disclosures: Lender Owned/REO
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $43,200
  • Net Operating Income: $32,400.00
  • Gross Income: $0
  • Gross Rent Multiplier: $9.25
  • Total Annual Expense: 10800
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.0919
  • Lot Size Square Feet: 4002
  • Lot Size Dimensions: 40x100
  • Source Lot Size Dimensions: Assessor
Parking Details
Parking Details
  • Parking Garage: Uncovered
  • Total Parking: 1
  • Parking Features: Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 06-13-2023
  • Listing Terms: Take Property As Is, Standard Sale, Owner May Carry, Conventional, Cash To New Loan, Cash
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 2
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $1,800.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $167,229.00
  • Assessed Improvement Percent: 49.92
  • Assessed Land Value: $167,754.00
  • Assessed Land Percent: 50.08
  • Assessed Total Value: $334,983.00

Property History for 8018 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 8018 Avalon Boulevard

Taxable ValueLand$500,000Additions$200,000Total$700,000
Tax Record2023$8,744 ($729 / month)
Home Facts
Total Finished SqFt1,664 SqFtAbove Grade Finished SqFt1,664 SqFtStories1Lot Size4,002 SqFtStyleOffice BuildingYear Built1928ZoningLAC2CountyLOS ANGELESAPN6029-008-006

Schools near 8018 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

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 Kidder Mathews of California, Inc., Darin Spillman, DRE #01366902

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.