8758 Avalon

    Los Angeles (City), CA 90003
    • $750,000
    • STATUS: Active
    • ON SITE: 69 days
    • ID#: 18394772
    UPDATED: 39 min ago
    $750,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 1,730
      SQFT
    • $434
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1923
    County:

    School Ratings & Info

    Description

    We are pleased to present an opportunity to invest in a 5-unit multi-family property located in the Broadway-Manchester neighborhood of south Los Angeles. The subject property consists of all one-bed two-bath units with 1,730 of rentable square feet on a 4,589 square foot lot. This property provides tenants with gated on-site parking, gated entry and is individually metered for gas and electricity. The property will be delivered with one vacant unit and currently has one non-conforming unit which the Seller is currently in process of legalizing. Buyer to do their own investigation.Contact listing agent for a detailed marketing package.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T13:28:26.76. 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. Licensed in the State of California, USA.
    www.impactca.com/homes/88329082

    8758 Avalon Los Angeles (City), CA 90003

    • Price: $750,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: 18394772
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    1,730
    SQFT
    $434
    $/SQFT
    1923
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    We are pleased to present an opportunity to invest in a 5-unit multi-family property located in the Broadway-Manchester neighborhood of south Los Angeles. The subject property consists of all one-bed two-bath units with 1,730 of rentable square feet on a 4,589 square foot lot. This property provides tenants with gated on-site parking, gated entry and is individually metered for gas and electricity. The property will be delivered with one vacant unit and currently has one non-conforming unit which the Seller is currently in process of legalizing. Buyer to do their own investigation.Contact listing agent for a detailed marketing package.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes

    Interior Features

    Cooling None Cooling YN No

    Property Features

    Gross Multiplier 10.97 Gross Operating Income 66307.00 Improvements Amount 156060 Land Value 193800 Net Operating Income 42984.00 Special Listing Conditions Standard Total Expenses 23323.00 Zoning Lar2

    Listing provided courtesy of Sevak Keshishian of Marcus & Millichap.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T13:28:26.76. 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. Licensed in the State of California, USA.
     
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