7900 Avalon Blvd, Los Angeles, CA 90003
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7900 Avalon Blvd Los Angeles, CA 90003

$635,000 Sold Price as of 08/16/2019
  • 5 Beds
  • 4 Baths
  • 2,167 Sq.Ft.
Sold
$635,000 Sold Price as of 08/16/2019 Refinance Your Mortgage

Map preview of 7900 Avalon Blvd, Los Angeles, CA 90003

Property Overview: 7900 Avalon Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,167 living square feet and 4,504 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Completely refurbished and ready for owner occupant which will provide better financing! Total of 4 units, Mixed Use Property. The 3 residential units are at 608 79th st with alley access. The top floor apt is available to see - a 3 bdrm with wood laminate floors, new stainless steel appliances in kit, washer/ dryer hookups, ceiling fans in almost every room! Bottom unit #2 and #3 are 1/1 also with newer appliances and granite counters and wood laminate floors. Unit #2 (currently rented) is a 1bd/1ba which rents for $1,295 plus $25 secure gated parking. The fourth unit is the front separate building- commercial space with 2 rooms, window a/c (no other unit has a/c), sink and half bath. The property is completely gated with a wrought iron fence with electronic entry. 6 parking spaces. Each of the res rentals have their own tankless water heater! Separate gas & electric meters. Since it's mixed use, check with lender to see about FHA financing if owner occupant uses the commercial space. Since three units are available to see, an accurate analysis of expenses could not be provided. Pro forma rents obtained from section 8 website HACLA.org. Multiple offers being presented Wed afternoon.

Listed by Rita DeBolt | BRE #00627092 | Engel & Volkers LA-South Bay
Co-listed by Delicia Folk | BRE #01052458 | Engel & Volkers LA-South Bay
Last checked: 16 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
4,504
HOA Dues
$0/mo
Year built
1947
Garage
--
Property Type:
Mixed Use
Status
Sold
MLS#
PV19169833
City
Los Angeles
County
Los Angeles
Time on Site
1211 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Actual Rent: $1,295
  • Total Rent: --
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Total Rent: --
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: --
  • # of Baths: 1
  • Total Rent: --
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 7900 Avalon Blvd

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • See Remarks
Exterior Features
Exterior Information
  • Roof: Asbestos Shingle, Composition, Flat
  • Has Fence
  • Wrought Iron
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Corner Lot, Level with Street, Near Public Transit, Paved
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 4
  • Parcel Number: 6029001009
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
Location / Neighborhood
Location Information
  • Directions: N Manchester
View more facts & features

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Sale History for 7900 Avalon Blvd

Last sold for $635,000 on August 16th, 2019
  • August, 2019

  • Aug 17, 2019

    Date

    Sold

    CRMLS: PV19169833

    $635,000

    Price

  • Jul 26, 2019

    Date

    Pending

    CRMLS: PV19169833

    $620,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: PV19169833

    $620,000

    Price

  • August, 2019

  • Aug 17, 2019

    Date

    Sold

    CRMLS: PV19167065

    $635,000

    Price

  • Jul 26, 2019

    Date

    Pending

    CRMLS: PV19167065

    $620,000

    Price

  • Jul 17, 2019

    Date

    Active

    CRMLS: PV19167065

    $620,000

    Price

  • Listing provided courtesy of CRMLS

    Completely refurbished and ready for owner occupant which will provide better financing! Total of 4 units, Mixed Use Property. The 3 residential units are at 608 79th st with alley access. The top floor apt is available to see-a 3 bdrm with wood laminate floors, new stainless steel appliances in kit, washer/ dryer hookups, ceiling fans in almost every room! Bottom unit #2 and #3 are 1/1 also with newer appliances and granite counters and wood laminate floors. Unit #2 (currently rented) is a 1bd/1ba which rents for $1,295 plus $25 secure gated parking. The fourth unit is the front separate building- commercial space with 2 rooms, window a/c (no other unit has a/c), sink and half bath. The property is completely gated with a wrought iron fence with electronic entry. 6 parking spaces. Each of the res rentals have their own tankless water heater! Separate gas & electric meters. Since it's mixed use, check with lender to see about FHA financing if owner occupant uses the commercial space. Since three units are availble to see, an accurate analysis of expenses could not be provided. Pro forma rents obtained from section 8 website HACLA.org. Multiple offers being presented wed afternoon.

  • August, 2019

  • Aug 16, 2019

    Date

    Sold (Public Records)

    Public Records

    $635,000

    Price

Show More

Tax History for 7900 Avalon Blvd

Assessed Value (2020): $635,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $285,000 $635,000

Home Value Compared to the Market

This property vs the competition

7900 Avalon Blvd sold on August 16, 2019 for 47.9% 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 $286.11 per/sqft which puts the price per square foot 62.1% lower than the current median sale per square foot for the city of Los Angeles.

About 7900 Avalon Blvd

Detailed summary of property

7900 Avalon Blvd is a mixed use that recently sold in Los Angeles, CA 90003. This mixed use property offered 5 bedrooms, 4 bathrooms, roughly 2,167 living square feet, and sits on an approximately 4,504 square foot lot. 7900 Avalon Blvd was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $635,000. 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 47.9% lower than the current median priced home. Local homes that are currently for sale include 6890 Long Beach Blvd, 4245 E Cesar E Chavez Ave and 5805 Venice Blvd. While the average home in Los Angeles, CA is selling in 94 days, 7900 Avalon Blvd has a days on market of 9 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 7900 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 7900 Avalon Blvd

Public county record property details
Beds
4
Baths
3
Year built
1947
Sq. Ft.
2,167
Lot Size
4,504
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1008
APN
6029-001-009

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
$580,000
Median List Price/Sq.Ft.
$580
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.