8018 Avalon Blvd
Los Angeles, CA 90003
5 Beds
4 Baths
1,664 Sq Ft
93 Days on Market
For Sale $1,075,000
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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 performance...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 $10,273 per payment standard, yielding an impressive CAP rate of 8% - 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. With all units currently vacant great opportunity for buyer to vet their own tenants and have a passive rent generating machine with no headaches or maintenance calls. 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 $2,407. 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 TypeMulti Family
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
$1,057,226
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

Multi Family
5 Beds
4 Baths
1,664 Sq Ft
93 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 performance...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 $10,273 per payment standard, yielding an impressive CAP rate of 8% - 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. With all units currently vacant great opportunity for buyer to vet their own tenants and have a passive rent generating machine with no headaches or maintenance calls. 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 $2,407. 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 TypeMulti Family
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 $1,075,000
Request tour
Save
Courtesy of Engel & Volkers Beverly Hills
8018 Avalon Blvd
Los Angeles, CA 90003
5 Beds
4 Baths
1,664 Sq Ft
93 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 performance...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 $10,273 per payment standard, yielding an impressive CAP rate of 8% - 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. With all units currently vacant great opportunity for buyer to vet their own tenants and have a passive rent generating machine with no headaches or maintenance calls. 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 $2,407. 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 TypeMulti Family
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
$1,057,226
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 $1,075,000
Request tour
Save
Courtesy of Engel & Volkers Beverly Hills