10344 Avalon Blvd, Los Angeles, CA 90003
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10344 Avalon Blvd Los Angeles, CA 90003

$809,000 Sold Price as of 05/31/2019
  • 10 Beds
  • 6 Baths
  • 3,847 Sq.Ft.
Sold
$809,000 Sold Price as of 05/31/2019 Refinance Your Mortgage

Map preview of 10344 Avalon Blvd, Los Angeles, CA 90003

Property Overview: 10344 Avalon Blvd Los Angeles, CA has 10 bedrooms, 6 bathrooms, 3,847 living square feet and 7,421 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: THE NEW CONSTRUCTION EXPERTS are pleased to present this beautiful new construction duplex built in 2017. Extremely large with private garages and open carport for parking. Address says it on Avalon but it does not face the main thoroughfare. Private and quiet. Near restaurants, shops, coffee houses and supermarket. Great location. Lots of upside on the rents. Buy together with 10338 Avalon next door to double your investment.Please do not walk the property or talk to tenants. Tenants are not aware of sale.Broker/Agent does not guarantee accuracy of square footage, lot size, zoning, rent control, permits, use code, schools and/or other information concerning the conditions or features of the property provided by the seller or obtained from public records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.

Listed by Ilan Rozenfeld | BRE #01257598 | Power Brokers International
Co-listed by Don Greene | BRE #01174401 | Sotheby's International Realty
Last checked: 9 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 41

Home details

Lot Sq. Ft
7,421
HOA Dues
$0/mo
Year built
2017
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
19447246
City
Los Angeles
County
Los Angeles
Time on Site
1223 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,200
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 3
  • Furnishing: Unfurnished
  • Actual Rent: $2,695
  • Total Rent: $2,695
  • Pro Forma/Market Rent: $3,200
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.5%
  • Gross Rent Multiplier: 12.6
  • Gross Scheduled Income: --
  • Net Operating Income: $50,600
  • Gross Operating Income: $66,600
  • Improvements Total: $91,494
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10344 Avalon Blvd

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Carport, Garage
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 2
  • Parcel Number: 6051001013
Location / Neighborhood
Location Information
  • Directions: Between Central ave and Main
View more facts & features

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Sale History for 10344 Avalon Blvd

Last sold for $809,000 on May 31st, 2019
  • May, 2019

  • May 31, 2019

    Date

    Sold

    CRMLS: 19447246

    $809,000

    Price

  • May 4, 2019

    Date

    Active Under Contract

    CRMLS: 19447246

    $799,000

    Price

  • Apr 25, 2019

    Date

    Price Change

    CRMLS: 19447246

    $799,000

    Price

  • Mar 24, 2019

    Date

    Active

    CRMLS: 19447246

    $845,000

    Price

  • May, 2019

  • May 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $809,000

    Price

  • April, 2016

  • Apr 19, 2016

    Date

    Sold (Public Records)

    Public Records

    $293,000

    Price

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Tax History for 10344 Avalon Blvd

Assessed Value (2020): $825,180
Year Land Value Improved Value Assessed Value
2020 $408,000 $417,180 $825,180

Home Value Compared to the Market

This property vs the competition

10344 Avalon Blvd sold on May 31, 2019 for 32.86% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $207.69 per/sqft which puts the price per square foot 72.49% lower than the current median sale per square foot for the city of Los Angeles.

About 10344 Avalon Blvd

Detailed summary of property

10344 Avalon Blvd is a multi family that recently sold in Los Angeles, CA 90003. This multi family property offered 10 bedrooms, 6 bathrooms, roughly 3,847 living square feet, and sits on an approximately 7,421 square foot lot. 10344 Avalon Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $809,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 32.86% lower than the current median priced home. Local homes that are currently for sale include 949 E 113th St, 150 W 112th St and 115 W Imperial. While the average home in Los Angeles, CA is selling in 92 days, 10344 Avalon Blvd has a days on market of 41 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 10344 Avalon Blvd Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 10344 Avalon Blvd

Public county record property details
Beds
10
Baths
6
Year built
2017
Sq. Ft.
3,884
Lot Size
7,420
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
447
APN
6051-001-013

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$598,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
38
Median Sale to List Price %
100%
Avg Days on Market
66
Loan Type
Conventional (0%), FHA (66.67%), VA (0%), Cash (0%), Other (16.67%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.