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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$1,050,000
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4 Beds
10 Baths
3,600 SqFt
New

8325 Avalon Blvd Los Angeles, CA 90003

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $291

MLS Listing ID 26735417

Bedrooms 4

Year Built 1923

Lot Size 6,198 Sqft

Acres 0.1423

Property Sub-Type Multi-Family

Property Description

We are proud to present 8325 S Avalon Blvd, a well-priced 10-unit multifamily property inLos Angeles. Offered at an 8.90 GRM and a 4.54% CAP on actual rents, with upside potential to achieve a 5.34 GRM and an 11.20% 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 Metropolitan South

Zoning LAR4

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features Uncovered

Garage Spaces 5.0

Building

Lot Description Single Lot

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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8325 Avalon Blvd