11010 Avalon Boulevard

Los Angeles, CA 90061

$1,385,000

Sold Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $148 / sqft

1956

calendar_month Built

Property Description

Available again, with a giant price correction! Sellers are highly motivated to meet market. Located just a block from the gentrifying intersection of Imperial and Avalon – the 16-units available at 11010 & 11016 Avalon Blvd offers the right buyer a sought-after unit mix of all 2-bedroom units and an over 50% upside in rents. With buildings split between 2 parcels, this heavy value-add investment helps keep expenses to a minimum removing the need for an onsite manager. The combination of convenience and seclusion; the property is surrounded by single family homes and small multi-family buildings and consists of ~9,300 SF of livable space on ~12,000SF of land. The buildings share parking, and are individually metered for both gas and power with low-sloping roof on both structures. In addition to their close proximity to schools, employment and enjoyment, the tenants enjoy on-site amenities including a private entrance, off-street parking, and gated entry.

Listing Information

Close Price $1,385,000
Close Date Thursday, January 4th, 2024
Status Closed
MLS PW23038837
Type Residential Income
Subtype Apartment
Year Built 1956
Lot Size 12,010
Structure Size N/A
DOM 202
Courtesy Of Keller Williams Coastal Prop.
Listing Agent Stelios Zoumberakis DRE#02049494

Interior Features

Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Stelios Zoumberakis, Keller Williams Coastal Prop. . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 5th, 2024 at 8:41 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.