8018 Avalon Boulevard, Los Angeles, CA 90003
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- MLS#: 24416211 ( )
- Street Address: 8018 Avalon Boulevard
- Viewed: 1
- Price: $1,150,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1934
- Bldg sqft: 0
- Days On Market: 254
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90003
- Provided by: Engel & Volkers Beverly Hills
- Contact: Edmar Edmar
- DMCA Notice
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DescriptionFully Occupied!! 4 Units in Los Angeles! This property has in place rental income of $9569 and still qualifies for favorable 1 4 units loans. The only 4 units on the market with in place income this high yielding an impressive CAP rate of 7.49% a rarity in today's market! Property features brand new roofs, new windows, stylish new kitchen cabinets, and elegant quartz countertops. The front two units offer high ceilings creating a loft like atmosphere, and built in laundry hook ups, while the back units benefit from a convenient community laundry space. All units come equipped with new tankless water heaters, stoves, refrigerators, microwaves and mini split AC/heating systems. Upgrades include new electrical systems and 400 amp panels, and 100% new pex plumbing and state of the art fire sprinkler system (insurance carriers love). All units individually metered for gas and electric. The seller is also pursuing Section 8 rental approval, allowing for the potential of selling with tenants already in place. At this time Three units has been placed under contract with section 8 and is paying. Don't miss this exceptional opportunity to choose your own tenants in a highly sought after location!
Property Location and Similar Properties
Features
Appliances
- Refrigerator
- Electric Cooktop
Architectural Style
- Spanish
Building Area Total
- 1664.00
Construction Materials
- Stucco
Country
- US
Direction Faces
- West
Entry Location
- Living Room
Fireplace Features
- None
Foundation Details
- Raised
- Slab
Interior Features
- Ceiling Fan(s)
- High Ceilings
Laundry Features
- Washer Included
- Dryer Included
Levels
- One
Lot Features
- Landscaped
- Back Yard
Netoperatingincome
- 86121.00
Parcel Number
- 6029008006
Parking Features
- Driveway
Pool Features
- None
Postalcodeplus4
- 2613
Property Condition
- Updated/Remodeled
Security Features
- Carbon Monoxide Detector(s)
- Fire Sprinkler System
- Smoke Detector(s)
- Window Bars
Sewer
- Other
Sourcesystemkey
- 24-416211:CLAW
Spa Features
- None
Totalexpenses
- 28707.00
View
- None
Water Source
- Public
Window Features
- Double Pane Windows
Year Built
- 1934
Year Built Source
- Assessor
Zoning
- LAC2