Skip To Content
    Return to Previous Page

    10910 S Avalon Boulevard

    Los Angeles (City), CA 90061
    • $1,450,000
    • STATUS: Active
    • ON SITE: 102 days
    • ID#: IN20067580
    UPDATED: 83 min ago
    $1,450,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,122
      SQFT
    • $283
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Light Year Realty Inc. is pleased to present 10910 S Avalon Blvd in the City of Los Angeles. This 7 unit apartment building features 5,122 SF of building and is situated on 6,004 SF of land zoned R4.The building's unit mix consists of six (2) bedroom and (1) bathroom units and one studio and (1) bathroom. Each unit is individually metered for gas and electric and the building is master metered for water.The subject property was built in 1960 and renovated in 2019. The subject property features a new roof with a 20-year warranty, new stainless steel appliances, new kitchen, bathroom, and pantry cabinets with quartz countertops, new top vent wall heaters, new tile and laminate wood floors throughout and existing copper plumbing.The building is currently occupied by section 8 tenants who recently signed 1-year agreements at market rents. This provides a tremendous opportunity for an investor to acquire the building with minimal deferred maintenance and existing income with no vacancy, providing an immediate return on investment.The building features 6 parking spaces in total, 4 parking spaces facing Avalon Blvd and 2 parking spaces located behind the subject property. In addition, there is on-site laundry for tenant convenience.Schools in the immediate area: Animo Locke College Prepatory Academy Blue, Animo James B. Taylor Charter Middle School. 112th Street Elementary School, Samuel Goppers Middle School.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-14T00:27:22.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/104758941
    Print Image

    10910 S Avalon Boulevard Los Angeles (City), CA 90061

    • Price: $1,450,000
    • Status: Active
    • Updated: 83 min ago
    • ID#: IN20067580
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,122
    SQFT
    $283
    $/SQFT
    1960
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    Light Year Realty Inc. is pleased to present 10910 S Avalon Blvd in the City of Los Angeles. This 7 unit apartment building features 5,122 SF of building and is situated on 6,004 SF of land zoned R4.The building's unit mix consists of six (2) bedroom and (1) bathroom units and one studio and (1) bathroom. Each unit is individually metered for gas and electric and the building is master metered for water.The subject property was built in 1960 and renovated in 2019. The subject property features a new roof with a 20-year warranty, new stainless steel appliances, new kitchen, bathroom, and pantry cabinets with quartz countertops, new top vent wall heaters, new tile and laminate wood floors throughout and existing copper plumbing.The building is currently occupied by section 8 tenants who recently signed 1-year agreements at market rents. This provides a tremendous opportunity for an investor to acquire the building with minimal deferred maintenance and existing income with no vacancy, providing an immediate return on investment.The building features 6 parking spaces in total, 4 parking spaces facing Avalon Blvd and 2 parking spaces located behind the subject property. In addition, there is on-site laundry for tenant convenience.Schools in the immediate area: Animo Locke College Prepatory Academy Blue, Animo James B. Taylor Charter Middle School. 112th Street Elementary School, Samuel Goppers Middle School.
    Exterior Features

    Lot Features 0-1 Unit/Acre Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Cooling None Cooling YN No Heating Wall Furnace Heating YN Yes Laundry Features Common Area

    Property Features

    Accounting Type Actual Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 8.50 Country Us Gross Scheduled Income 159000.00 Land Use Multi-Family Laundry YN Yes Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 122456.00 Number Of Units Leased 7 Occupancy Occupied Property Sub Type Multi Family Security Features 24 Hour SecurityFire And Smoke Detection SystemSecurity LightsSecurity SystemSmoke Detector(S)Window Bars Special Listing Conditions Standard Tax Annual Amount 17400.00 Tax Rate 1.20 Tax Year 2020 Total Monthly Rent 13050 Vacancy Allowance Rate 3.00 Water Source Public Year Built Source Public Records Zoning Lar4

    Listing provided courtesy of Jacob Lavian of Light Year Realty Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-14T00:27:22.85. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364191429-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364191429-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364191429-1.jpg
    Logo
    Z Team OC Real Estate | Keller Williams Realty
    27101 Puerta Real #150
    Mission Viejo CA, 92691