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10616 Avalon Blvd, Los Angeles, CA 90003
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10616 Avalon Blvd Los Angeles, CA 90003

$950,000
  • 1 Beds
  • 2 Baths
  • 2,395 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified
Map preview of 10616 Avalon Blvd, Los Angeles, CA 90003

Property Overview: 10616 Avalon Blvd Los Angeles, CA has 1 bedrooms, 2 bathrooms, 2,395 living square feet and 9,013 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: This 9,013 Square Feet Lot, with a 2,395 Square Feet Building is in the Southeast area of Los Angeles known as Green Meadows. Property is zoned LAR4 which is Multiple Dwelling Zoning, allowing for Multi-Family residential buildings, such as Apartments, Condos, and some Fraternities/Sororities. Alowing for up to 6-9 stories. Other permitted uses would be Church, School, Childcare, Hotel/Motel and any use permitted in the 'R3' Multiple Dwelling Zone.The neighborhood consists of Single-family homes, apartments, and condos. It is located close to Alain LeRoy Locke College, 101 Freeway, 105 Freeway, USC, Los Angeles International Airport and Downtown Los Angeles. Under construction across the street at 10705 Avalon Blvd is a new 69 Unit, five-story Apartment Building. This Listed Avalon Blvd property is on the same street, the same zoning and slightly smaller. For Additional Information go to: www.zimas.lacity.orgIf you can see yourself investing and you feel now is the time Call/Write Now!

Listed by Baron Castillo | BRE #00646611 | Apartment Building Investments
Last checked: 54 seconds ago | Last updated: August 28th, 2024 | Source CRMLS | DOM: 113

Home details

Lot Sq. Ft
9,013
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
P1-17958
City
Los Angeles
County
Los Angeles
Time on Site
114 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 2
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 1
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $21,600
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $21,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $21,600
  • Net Operating Income: $14,100
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,500
  • Trash: $250
  • Insurance: $1,500

Open Houses for 10616 Avalon Blvd

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Property Details for 10616 Avalon Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Evaporative Cooling
Heating Information
  • Has Heating
  • Natural Gas
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
  • Great Room, Office
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Beamed Ceilings, Cathedral Ceiling(s)
  • Levels: One
  • Security Features: 24 Hour Security, Smoke Detector(s), Closed Circuit Camera(s)
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle, Shingle, Flat
  • Has Fence
  • Chain Link
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 12
  • Has Parking
  • Parking Features: Parking Space, Driveway, Paved, On Site, RV Access/Parking
Lot Information
  • Lot Features: Level, Lot 6500-9999, Value In Land, Sprinklers None
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 6051029032
  • Year Built Source: Assessor
  • Foundation Details: Slab
  • Property is not Attached
  • Accessibility Features: Parking
  • Property Condition: Fixer
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Water Connected, Sewer Connected, Phone Available, Natural Gas Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: From the Harbor Fwy (110), get off at W. Century Blvd., to S. Avalon Blvd., property is on the left side by the corner of Avalon Blvd and 107th Street.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 10616 Avalon Blvd

View property's historical transactions

  • June, 2024

  • Jun 6, 2024

    Date

    Active

    CRMLS: P1-17958

    $1,175,000

    Price

Tax History for 10616 Avalon Blvd

Assessed Value (2020): $109,333
Year Land Value Improved Value Assessed Value
2020 $49,705 $59,628 $109,333

Home Value Compared to the Market

This property vs the competition

10616 Avalon Blvd is listed 20.83% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $396.66 per/sqft which puts the price per square foot 48.55% lower than the median price per square foot for the city of Los Angeles.

About 10616 Avalon Blvd

Detailed summary of property

10616 Avalon Blvd is a mixed use located in Los Angeles, CA 90003 and is currently for sale. This mixed use property offers 1 bedrooms, 2 bathrooms, roughly 2,395 living square feet, and sits on an approximately 9,013 square foot lot. 10616 Avalon Blvd was first listed on ArdentRealEstateGroup.com on June 6, 2024. The homeowner is currently asking $950,000 and was originally asking $1,175,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.83% lower than the median priced home. Local competing homes currently for sale include 1645 Vine St #905, 1613 E 7th St and 4141 E 7th St. While the average home in Los Angeles, CA is selling in 106 days, 10616 Avalon Blvd has a days on market of 113 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 10616 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 10616 Avalon Blvd

Public county record property details
Beds
--
Baths
--
Year built
1926
Sq. Ft.
2,395
Lot Size
9,010
Stories
1
Type
Office Bldg (General)
Pool
No
Spa
No
County
Los Angeles
Lot#
3-5
APN
6051-029-032

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
$599,000
Median List Price/Sq.Ft.
$562
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
49
Median Sale to List Price %
103%
Avg Days on Market
31
Loan Type
Conventional (41.67%), FHA (16.67%), VA (0%), Cash (16.67%), Other (25%)

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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.

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