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Residential Income - 8711 Avalon, Los Angeles, CA

$1,999,900

8711 Avalon, Los Angeles, CA

8711 Avalon, Los Angeles, CA 90003 - $1,999,900 · Multi-Family Home for Sale, photo 1 8711 Avalon, Los Angeles, CA 90003 - $1,999,900 · Multi-Family Home for Sale, photo 2 8711 Avalon, Los Angeles, CA 90003 - $1,999,900 · Multi-Family Home for Sale, photo 3 8711 Avalon, Los Angeles, CA 90003 - $1,999,900 · Multi-Family Home for Sale, photo 4 8711 Avalon, Los Angeles, CA 90003 - $1,999,900 · Multi-Family Home for Sale, photo 5
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Description

Here we have a two story 10-plex apartment building. All units are two bedrooms with a full bath, kitchen, dining area and a living room. The building has recently been painted to match the neighboring 10-plex at 8717 which is also on the market. Rent rolls occupied are at 90% at 90% of the calendar year. As vacancies do come available, they are upgraded to include paint, carpet, flooring, kitchens and bathrooms as needed. This building is supported by a 100-gallon hot water system for the comfort and care of the tenants. The roof was recently serviced for prevented maintenance and verified for continued problem free use. The parking lot has restriped with one space per apartment with addition spaces in the lot. The structure insurance was recently renewed. The parking area is gated and has exterior lighting for the safety of the tenants and their families. The property is within walking distance of transportation stops, shopping and restaurants. It is also close to freeway transportation routes and their accesses ramps.

Property details

Year built
1959
Property type
Residential Income
Lot size
10,526 sqft

Location

8711 Avalon • Los Angeles, CA 90003

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Listed by

John Muller · First Team Real Estate

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Listing courtesy of First Team Real Estate. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715