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Listed by John Muller • First Team Real Estate
$ 1,999,900
Est. payment /mo
Price Dropped by $500K
8717 Avalon Los Angeles, CA 90003
5,704 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,704 sqft
Price per Sqft $350
MLS Listing ID PW-26012675
Year Built 1959
Lot Size 10,529 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property 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 8711 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.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Sw
Interior
Laundry None
Exterior
Parking Features Asphalt
Pool None
Community Features Sidewalks, Storm Drains, Street Lights
Utilities Available Water Connected, Electricity Connected, Natural Gas Connected
Building
Lot Description Level, Level with Street, Rectangular Lot, 0-1 Unit/Acre
Sewer Public Sewer
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