Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    8018 Avalon Boulevard, Los Angeles, CA 90003
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    8018 Avalon Boulevard
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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
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Fully 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!
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    Features
    Appliances
    1. Refrigerator
    2. Electric Cooktop
    Architectural Style
    1. Spanish
    Building Area Total
    1. 1664.00
    Construction Materials
    1. Stucco
    Country
    1. US
    Direction Faces
    1. West
    Entry Location
    1. Living Room
    Fireplace Features
    1. None
    Foundation Details
    1. Raised
    2. Slab
    Interior Features
    1. Ceiling Fan(s)
    2. High Ceilings
    Laundry Features
    1. Washer Included
    2. Dryer Included
    Levels
    1. One
    Lot Features
    1. Landscaped
    2. Back Yard
    Netoperatingincome
    1. 86121.00
    Parcel Number
    1. 6029008006
    Parking Features
    1. Driveway
    Pool Features
    1. None
    Postalcodeplus4
    1. 2613
    Property Condition
    1. Updated/Remodeled
    Security Features
    1. Carbon Monoxide Detector(s)
    2. Fire Sprinkler System
    3. Smoke Detector(s)
    4. Window Bars
    Sewer
    1. Other
    Sourcesystemkey
    1. 24-416211:CLAW
    Spa Features
    1. None
    Totalexpenses
    1. 28707.00
    View
    1. None
    Water Source
    1. Public
    Window Features
    1. Double Pane Windows
    Year Built
    1. 1934
    Year Built Source
    1. Assessor
    Zoning
    1. LAC2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836