8018 Avalon Blvd
Los Angeles, CA 90003
5 Beds
4 Baths
1,664 Sq Ft
170 Days on Market
For Sale $1,150,000
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Courtesy of Engel & Volkers Beverly Hills

Listing Agent & Comments

Engel & Volkers Beverly Hills
310-777-7510edmar.costa@evrealestate.com License #01474018
Back on the Market Buyer failed to perform...Exceptional Opportunity: Own 4 Units (Currently 1 Vacant) in Los Angeles! This property is prime for Section 8 rentals with estimated rental income of approximately $10,214 per in place income + payment standard for 2bd unit, yielding an impressive CAP rate of 7.9% - 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!

MLS# 24416211 • Data provided by CRMLS
Additional home details
Living Area1,664 Sq.Ft.
Lot Size4,003 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms4
Stories--
Year Built1934
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
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More Information On This Home
This home's estimated value
$1,137,648
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
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HouseCanary, Inc. Brokerage

8018 Avalon Blvd., Los Angeles, CA 90003

Multifamily
5 Beds
4 Baths
1,664 Sq Ft
170 Days on Market

Listing Agent & Comments

Engel & Volkers Beverly Hills
310-777-7510edmar.costa@evrealestate.com License #01474018
Back on the Market Buyer failed to perform...Exceptional Opportunity: Own 4 Units (Currently 1 Vacant) in Los Angeles! This property is prime for Section 8 rentals with estimated rental income of approximately $10,214 per in place income + payment standard for 2bd unit, yielding an impressive CAP rate of 7.9% - 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!

MLS# 24416211 • Data provided by CRMLS
Additional home details
Living Area1,664 Sq.Ft.
Lot Size4,003 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms4
Stories--
Year Built1934
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
New
Do you own this home?
Access your homeowner dashboard
house
For Sale $1,150,000
Request tour
Save
Courtesy of Engel & Volkers Beverly Hills
8018 Avalon Blvd
Los Angeles, CA 90003
5 Beds
4 Baths
1,664 Sq Ft
170 Days on Market

Listing Agent & Comments

Engel & Volkers Beverly Hills
310-777-7510edmar.costa@evrealestate.com License #01474018
Back on the Market Buyer failed to perform...Exceptional Opportunity: Own 4 Units (Currently 1 Vacant) in Los Angeles! This property is prime for Section 8 rentals with estimated rental income of approximately $10,214 per in place income + payment standard for 2bd unit, yielding an impressive CAP rate of 7.9% - 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!

MLS# 24416211 • Data provided by CRMLS
Additional home details
Living Area1,664 Sq.Ft.
Lot Size4,003 Sq.Ft.
Total Rooms--
Bedrooms5
Bathrooms4
Stories--
Year Built1934
Property TypeMultifamily
Zoning--
HOA Name--
HOA Fee--
HOA Includes--
Tax Year--
Tax Amount--
Property in Flood Zone--
We’ll connect you with top agents in your area.
More Information On This Home
This home's estimated value
$1,137,648
ComeHome Estimated Value
What influenced our estimate?
This is ComeHome’s estimated market value for this home. It is not a formal appraisal. This estimate is based on our market knowledge, and it should be used as a starting point to determine a home’s value.
New
Do you own this home?
Access your homeowner dashboard
house

For Sale $1,150,000
Request tour
Save
Courtesy of Engel & Volkers Beverly Hills