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7818 Avalon Blvd, Los Angeles, CA 90003
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7818 Avalon Blvd Los Angeles, CA 90003

$688,000
  • 4 Beds
  • 4 Baths
  • 2,240 Sq.Ft.
For Sale
$688,000 Get Pre-Qualified
Map preview of 7818 Avalon Blvd, Los Angeles, CA 90003

Property Overview: 7818 Avalon Blvd Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,240 living square feet and 4,000 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: Investors' Special!! 4-unit multi-family investment property located in the heart of Los Angeles close to downtown, a mile to the Green Meadows Recreation Center and only 5 miles from SoFi Stadium & the University of Southern California. Making it a perfect central location for your future prospective tenants! All units are 1+1 and each unit has its' own kitchen. There's assigned parking spaces for all 4 units. Conveniently located to schools, shopping & eateries. Transportation and the bus lines are within commuting distance. Please do not disturb the tenants. With a little TLC, it will only increase the value! Hurry, this won't last long!

Listed by Natalie Gonzalez | BRE #01991721 | Sotheby's International Realty
Last checked: 8 minutes ago | Last updated: April 29th, 2024 | Source CRMLS | DOM: 68
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Home details

Lot Sq. Ft
4,000
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24361463
City
Los Angeles
County
Los Angeles
Time on Site
67 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,695
  • Total Rent: $1,695
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $873
  • Total Rent: $873
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,151
  • Total Rent: $1,151
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $656
  • Total Rent: $656
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 15.2
  • Gross Scheduled Income: --
  • Net Operating Income: $84,000
  • Gross Operating Income: $52,500
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 7818 Avalon Blvd

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: Two
  • Security Features: Gated Community
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 4
  • Parcel Number: 6023032016
  • Offered With Property: any owner appliances
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Please use global positioning systems
View more facts & features

Local Los Angeles Agent

Sale History for 7818 Avalon Blvd

Last sold on July 20th, 2007

  • February, 2024

  • Feb 25, 2024

    Date

    Active

    CRMLS: 24361463

    $798,000

    Price

  • July, 2007

  • Jul 20, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • March, 2004

  • Mar 3, 2004

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 7818 Avalon Blvd

Assessed Value (2020): $318,118
Year Land Value Improved Value Assessed Value
2020 $132,423 $185,695 $318,118

Home Value Compared to the Market

This property vs the competition

7818 Avalon Blvd is listed 43.84% 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 $307.14 per/sqft which puts the price per square foot 60.32% lower than the median price per square foot for the city of Los Angeles.

About 7818 Avalon Blvd

Detailed summary of property

7818 Avalon Blvd is a multi family located in Los Angeles, CA 90003 and is currently for sale. This multi family property offers 4 bedrooms, 4 bathrooms, roughly 2,240 living square feet, and sits on an approximately 4,000 square foot lot. 7818 Avalon Blvd was first listed on ArdentRealEstateGroup.com on February 25, 2024. The homeowner is currently asking $688,000 and was originally asking $798,000. 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 43.84% lower than the median priced home. Local competing homes currently for sale include 913 E 87th St, 1141 E 84th Pl and 152 W 84th Pl. While the average home in Los Angeles, CA is selling in 96 days, 7818 Avalon Blvd has a days on market of 68 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 7818 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 7818 Avalon Blvd

Public county record property details
Beds
4
Baths
4
Year built
1947
Sq. Ft.
2,240
Lot Size
3,999
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
104
APN
6023-032-016

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
$575,000
Median List Price/Sq.Ft.
$582
Median Sold Price
$540,000
Median Sold Price/Sq.Ft.
$534
Total Inventory
37
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.

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