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11010 Avalon Blvd, Los Angeles, CA 90061
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11010 Avalon Blvd Los Angeles, CA 90061

$985,000
  • 16 Beds
  • 8 Baths
  • 4,664 Sq.Ft.
For Sale
$985,000 Get Pre-Qualified
Map preview of 11010 Avalon Blvd, Los Angeles, CA 90061

Property Overview: 11010 Avalon Blvd Los Angeles, CA has 16 bedrooms, 8 bathrooms, 4,664 living square feet and 6,005 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: Amazing investment opportunity. 2 parcels property with total of 16 units( 6071-005-029 and subject property). They could be sold separately or together. Two 8 units apartments buildings priced at $985,000 each,sharing the driveway,Each unit consists of 2bedroom/1 bathrooms on month to month rent. The property is surrounded by single family homes and small multi-family buildings,Lower price 8 units in the market. Hurry this investment property will no last.

Listed by Suhaila Sabir | BRE #01422989 | Excellence RE Real Estate
Last checked: 16 minutes ago | Last updated: April 15th, 2024 | Source CRMLS | DOM: 17
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Home details

Lot Sq. Ft
6,005
HOA Dues
$0/mo
Year built
1956
Garage
--
Property Type:
Apartment
Status
Active
MLS#
DW24072547
City
Los Angeles
County
Los Angeles
Time on Site
20 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $6,500
  • Total Rent: $6,500
  • Pro Forma/Market Rent: $13,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,000
  • Net Operating Income: $54,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $23,400
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $3,000
  • Professional Management: $3,120
  • Water/Sewer: $1,000

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Property Details for 11010 Avalon Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: No Landscaping
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 8
  • Parcel Number: 6071005030
  • Year Built Source: Assessor
  • Entry Level: 2
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross street 110th and Avalon
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

Local Los Angeles Agent

Sale History for 11010 Avalon Blvd

Last sold for $1,385,000 on January 4th, 2024

  • April, 2024

  • Apr 11, 2024

    Date

    Active

    CRMLS: DW24072547

    $985,000

    Price

  • January, 2024

  • Jan 4, 2024

    Date

    Sold

    CRMLS: PW23038837

    $1,385,000

    Price

  • Mar 8, 2023

    Date

    Active

    CRMLS: PW23038837

    $3,200,000

    Price

  • Listing provided courtesy of CRMLS

    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.

  • April, 2020

  • Apr 21, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 11010 Avalon Blvd

Assessed Value (2020): $223,904
Year Land Value Improved Value Assessed Value
2020 $49,449 $174,455 $223,904

Home Value Compared to the Market

This property vs the competition

11010 Avalon Blvd is listed 19.59% lower than the median list price for the city of Los Angeles which has a median list price of $1,225,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $211.19 per/sqft which puts the price per square foot 72.71% lower than the median price per square foot for the city of Los Angeles.

About 11010 Avalon Blvd

Detailed summary of property

11010 Avalon Blvd is a apartment located in Los Angeles, CA 90061 and is currently for sale. This apartment offers 16 bedrooms, 8 bathrooms, roughly 4,664 living square feet, and sits on an approximately 6,005 square foot lot. 11010 Avalon Blvd was first listed on ArdentRealEstateGroup.com on April 12, 2024. The homeowner is currently asking $985,000. The median priced home in Los Angeles is $1,225,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 19.59% lower than the median priced home. Local competing homes currently for sale include 1158 E 88th Pl, 9527 Compton Ave and 442 112th St. While the average home in Los Angeles, CA is selling in 96 days, 11010 Avalon Blvd has a days on market of 17 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 11010 Avalon Blvd Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 11010 Avalon Blvd

Public county record property details
Beds
16
Baths
8
Year built
1956
Sq. Ft.
4,664
Lot Size
6,004
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
5,6
APN
6071-005-030

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$649,999
Median List Price/Sq.Ft.
$527
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
24
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Homes for Sale Near 11010 Avalon Blvd

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Recently Sold Homes Near 11010 Avalon Blvd

11107 Avalon Blvd, Los Angeles, CA 90061
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16 Beds
8 Baths
4664 Sq.Ft.
11107 Avalon Blvd
Los Angeles, CA 90061
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6 Beds
0 Baths
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$565,000 Last Sold Price
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2 Baths
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Los Angeles, CA 90059

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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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