8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
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$975,000
Est. payment /mo
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4 Beds
10 Baths
3,600 SqFt
Price Dropped by $50K

8325 Avalon BLVD Los Angeles, CA 90003

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Herb Rim

Herb Rim

+1(818) 699-9179

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $270

MLS Listing ID 26735417

Bedrooms 4

HOA Y/N No

Year Built 1923

Lot Size 6,198 Sqft

Lot Dimensions Assessor

Property Description

We are proud to present 8325 S Avalon Blvd, a well-priced 10-unit multifamily property in Los Angeles. Offered at an 8.26 GRM and a 4.98% CAP on actual rents, with upside potential to achieve a 4.95 GRM and an 12.15% CAP with market rents. The property is comprised of one, two-story building consisting of a total of 3,600 rentable square feet. Built in 1923, the property sits on a 6,198 square foot LAR4-zoned corner lot with street access on two sides plus alley access. The unit mix features four (4) one-bedroom one-bathroom units and six (6) studio units. All four (4) one-bedroom units have been renovated. The property also features additional space in the rear of the property that abuts the alley which can serve as on-site parking for tenants or for future ADUs (buyer to verify). Located off of Avalon Blvd and E 84th St just north of Manchester Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6030029012

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

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8325 Avalon BLVD

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Herb Rim

Herb Rim

Realtor | License ID: 01870707

+1(818) 699-9179

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