?
  • Chat with Us
  • Submit Feedback
  • TopHap Academy
  • What's New?
Commercial > Mixed Use
Active
3 weeks ago
List Price
$1,075,000$646/ft²

8018 Avalon Blvd
Los Angeles, CA 90003

  • Photo 0
  • Photo 1
  • Photo 2
  • Photo 3
  • Photo 4
  • Photo 5
  • Photo 6
  • Photo 7
  • Photo 8
  • Photo 9
  • Photo 10
  • Photo 11
  • Photo 12
  • Photo 13
  • Photo 14
  • Photo 15
  • Photo 16
  • Photo 17
  • Photo 18
  • Photo 19
  • Photo 20
  • Photo 21
  • Photo 22
  • Photo 23
  • Photo 24
  • Photo 25
  • Photo 26
  • Photo 27
  • Photo 28
  • Photo 29
  • Photo 30
  • Photo 31
  • Photo 32
  • Photo 33
  • Photo 34
  • Photo 35
  • Photo 36
  • Photo 37
  • Photo 38
  • Photo 39
  • Photo 40
  • Photo 41
  • Photo 42
  • Photo 43
  • Photo 44
  • Photo 45
  • 8018 Avalon Blvd, Los Angeles, CA 90003 is a 5 bed, 2 bath, 1,664 ft² commercial mixed use property property built in 1934 on a 0.092 acre lot. This commercial mixed use property is currently for sale for $1,075,000, and it was last sold in 2015 for $300,000.

    MLS Description

    The listing agent's description. Original Listing

    Exceptional Opportunity: Own 4 Units (Currently 3 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 one unit 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!

    Listing Agents

    The listing agent for 8018 Avalon Blvd is Edmar Costa.

    Current Ownership

    Information about the current owner(s).

    Property History

    8018 Avalon Blvd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 8018 Avalon Blvd

    School Information

    Public/private schools serving 8018 Avalon Blvd

    Neighborhood

    This property is located in Florence, Los Angeles, CA 90003.

    Market Trends

    Historical market data near 8018 Avalon Blvd over selected time period.

    Copyright © 2024 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Nearby Properties on Avalon Blvd