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4615 Avalon Blvd, Los Angeles, CA 90011
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4615 Avalon Blvd Los Angeles, CA 90011

$1,270,000 Sold Price as of 05/23/2019
  • 72 Beds
  • 36 Baths
  • 4,664 Sq.Ft.
Sold
$1,270,000 Sold Price as of 05/23/2019 Refinance Your Mortgage
Map preview of 4615 Avalon Blvd, Los Angeles, CA 90011

Property Overview: 4615 Avalon Blvd Los Angeles, CA has 72 bedrooms, 36 bathrooms, 4,664 living square feet and 6,149 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investment multi- family apartment building for sale. It is located right at prime South Central Los Angeles. A 2 story residential building that consists of 8 apartment units, 2 bedrooms, and 1 bathroom in each unit. Several units have been upgraded with hardwood floors and new kitchen. Separate gas and electric meters for each unit. Passed all LAHD inspections. 100% tenant occupied, long term tenants. Low and easy management.

Listed by Jae Park | BRE #01974045 | City Commercial Properties
Last checked: 3 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 130

Home details

Lot Sq. Ft
6,149
HOA Dues
$0/mo
Year built
1957
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
18402132
City
Los Angeles
County
Los Angeles
Time on Site
1220 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: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 3
  • # of Units: 3
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 4
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,037
  • Total Rent: $1,037
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 5
  • # of Units: 5
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 6
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,250
  • Total Rent: $1,250
  • Pro Forma/Market Rent: $1,350
Unit Breakdown 7
  • # of Units: 7
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,037
  • Total Rent: $1,037
  • Pro Forma/Market Rent: $1,250
Unit Breakdown 8
  • # of Units: 8
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,012
  • Total Rent: $1,012
  • Pro Forma/Market Rent: $1,250
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 4.5%
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $60,999
  • Gross Operating Income: $97,589
  • Improvements Total: $551,951
Annual Expense Breakdown
  • Total Operating Expense: --
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $350
  • Trash: $3,000
  • Insurance: $3,100
  • Maintenance: $2,000
  • Professional Management: $4,200
  • Water/Sewer: $6,500

Property Details for 4615 Avalon Blvd

Interior Features
Laundry Information
  • No Laundry
  • None
Room Information
  • Flooring: Carpet, Laminate
Kitchen Information
  • No Appliances
  • None
Interior Features
  • Levels: Two
  • Security Features: Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 8
  • Parcel Number: 5109016015
Location / Neighborhood
Location Information
  • Directions: The property is located on 46th St. and Avalon Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 4615 Avalon Blvd

Last sold for $1,270,000 on May 23rd, 2019

  • May, 2019

  • May 27, 2019

    Date

    Sold

    CRMLS: 18402132

    $1,270,000

    Price

  • Mar 8, 2019

    Date

    Active Under Contract

    CRMLS: 18402132

    $1,350,000

    Price

  • Oct 30, 2018

    Date

    Price Change

    CRMLS: 18402132

    $1,350,000

    Price

  • Oct 30, 2018

    Date

    Active

    CRMLS: 18402132

    $13,500

    Price

  • May, 2019

  • May 23, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,270,000

    Price

  • June, 2012

  • Jun 7, 2012

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

Show More

Tax History for 4615 Avalon Blvd

Assessed Value (2020): $1,295,400
Year Land Value Improved Value Assessed Value
2020 $734,400 $561,000 $1,295,400

Home Value Compared to the Market

This property vs the competition

4615 Avalon Blvd sold on May 23, 2019 for 13.45% higher 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 $289.45 per/sqft which puts the price per square foot 61.66% lower than the current median sale per square foot for the city of Los Angeles.

About 4615 Avalon Blvd

Detailed summary of property

4615 Avalon Blvd is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 72 bedrooms, 36 bathrooms, roughly 4,664 living square feet, and sits on an approximately 6,149 square foot lot. 4615 Avalon Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,270,000. 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 13.45% higher than the current median priced home. Local homes that are currently for sale include 1267 E 56th St, 2922 Maple Ave and 1402 E 58th St. While the average home in Los Angeles, CA is selling in 94 days, 4615 Avalon Blvd has a days on market of 130 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 4615 Avalon Blvd Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4615 Avalon Blvd

Public county record property details
Beds
16
Baths
8
Year built
1957
Sq. Ft.
4,664
Lot Size
6,148
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
56
APN
5109-016-015

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,000
Median List Price/Sq.Ft.
$460
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
44
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

Thinking of Selling?

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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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