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10910 Avalon Blvd
Los Angeles, CA 90061
7 Unit Multifamily - High Income - Section 8 · Multifamily Property For Sale · 7 Units

Property Facts

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,122 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1960/2019
Parking Ratio 1.17/1,000 SF
Zoning LAR4

Amenities

Unit Amenities

  • Granite Countertops
  • Stainless Steel Appliances

Site Amenities

  • Fenced Lot
  • Laundry Facilities

About 10910 AVALON BLVD , LOS ANGELES, CA 90061

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.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 6 $1,950 800
Studios 1 $1,350 400

Property Taxes

Property Taxes

Parcel Number
6071-003-029
Land Assessment
$546,628
Improvements Assessment
$865,945
Total Assessment
$1,412,573
  • Listing ID: 18958654

  • Date on Market: 3/23/2020

  • Last Updated:

  • Address: 10910 Avalon Blvd, Los Angeles, CA 90061

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