Search
8018 Avalon Blvd, Los Angeles, CA 90003
Image 2 for 8018 Avalon Blvd, Los Angeles, CA 90003
Image 3 for 8018 Avalon Blvd, Los Angeles, CA 90003
View Photos

8018 Avalon Blvd Los Angeles, CA 90003

$1,075,000
  • 5 Beds
  • 4 Baths
  • 1,664 Sq.Ft.
For Sale
$1,075,000 Get Pre-Qualified
Map preview of 8018 Avalon Blvd, Los Angeles, CA 90003

Property Overview: 8018 Avalon Blvd Los Angeles, CA has 5 bedrooms, 4 bathrooms, 1,664 living square feet and 4,002 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: Exceptional Opportunity: Own 4 Units (Currently 3 Vacant) in Los Angeles! This property is prime for Section 8 rentals with estimated rental income of approximately $10,273 per payment standard, yielding an impressive CAP rate of 8% - a rarity in today's market! Property features brand new roofs, new windows, stylish new kitchen cabinets, and elegant quartz countertops. The front two units offer high ceilings creating a loft-like atmosphere, and built-in laundry hook ups, while the back units benefit from a convenient community laundry space. All units come equipped with new tankless water heaters, stoves, refrigerators, microwaves and mini-split AC/heating systems. Upgrades include new electrical systems and 400 amp panels, and 100% new pex plumbing and state of the art fire sprinkler system (insurance carriers love). All units individually metered for gas and electric. With all units currently vacant great opportunity for buyer to vet their own tenants and have a passive rent generating machine with no headaches or maintenance calls. The seller is also pursuing Section 8 rental approval, allowing for the potential of selling with tenants already in place. At this time one unit has been placed under contract with section 8 and is paying $2,407. Don't miss this exceptional opportunity to choose your own tenants in a highly sought-after location!

Listed by Edmar Costa | BRE #01474018 | Engel & Volkers Beverly Hills
Last checked: 4 minutes ago | Last updated: August 23rd, 2024 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
4,002
HOA Dues
$0/mo
Year built
1934
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24416211
City
Los Angeles
County
Los Angeles
Time on Site
64 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $3,052
  • Total Rent: $3,052
  • Pro Forma/Market Rent: $3,052
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,407
  • Total Rent: $2,407
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,407
  • Total Rent: $2,407
  • Pro Forma/Market Rent: $2,407
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $2,407
  • Total Rent: $2,407
  • Pro Forma/Market Rent: $2,407
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 8%
  • Gross Rent Multiplier: 8.72
  • Gross Scheduled Income: --
  • Net Operating Income: $86,293
  • Gross Operating Income: $123,276
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 8018 Avalon Blvd

No upcoming open houses

Schedule Tour

Property Details for 8018 Avalon Blvd

Interior Features
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Fireplace Information
  • No Fireplace
  • None
Kitchen Information
  • Has Appliances
  • Refrigerator, Electric Cooktop
Interior Features
  • Ceiling Fan(s), High Ceilings
  • Levels: One
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), Window Bars
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: Driveway
Lot Information
  • Lot Features: Landscaped, Back Yard
  • Lot Size Source: Assessor
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 6029008006
  • Year Built Source: Assessor
  • Architectural Style: Spanish
  • Foundation Details: Raised, Slab
  • Property Condition: Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Other
  • Water Source: Public
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Manchester Ave. and South of Florence Ave
View more facts & features

Local Los Angeles Agent

Sale History for 8018 Avalon Blvd

Last leased for $3,052 on August 16th, 2024

  • August, 2024

  • Aug 16, 2024

    Date

    Leased

    CRMLS: 24422501

    $3,052

    Price

  • Aug 1, 2024

    Date

    Active

    CRMLS: 24422501

    $2,407

    Price

  • Listing provided courtesy of CRMLS

    Beautiful 2-bedroom, 1-bathroom apartment available for rent in Los Angeles; welcoming LA City Section 8 tenants and Long Term 3rd Party Housing Subsidies. Fantastic features include newly installed roofs and windows, an AC mini-split system, modern kitchen cabinets with elegant quartz counter tops and newly tiled showers. The high ceilings add a spacious loft-like feel, complemented by built-in laundry hookups. The property boasts an avocado tree. Updates extend to new landscaping, plumbing, and electrical systems. Fully gated for security with fresh landscaping. Appliances such as stove, refrigerator, and microwave are provided.

  • July, 2024

  • Jul 24, 2024

    Date

    Active

    CRMLS: 24416211

    $1,075,000

    Price

  • October, 2023

  • Oct 17, 2023

    Date

    Sold

    CRMLS: 23280329

    $387,500

    Price

  • Jun 12, 2023

    Date

    Active

    CRMLS: 23280329

    $400,000

    Price

  • Listing provided courtesy of CRMLS

    REO Sale of a 100% vacant mixed-use property. Front commercial building consists of two retail stores totaling 960 SF. Rear single family home of 704 SF consists of 2 bedrooms and 2 bathrooms. Property being sold AS IS. Ideal for an owner-user to occupy the retail stores and either lease or occupy the house. Located 2 blocks from Fremont High School and close to 110 Freeway, providing close access to Downtown Los Angeles.

  • November, 2022

  • Nov 17, 2022

    Date

    Expired

    CRMLS: 22165907

    $400,000

    Price

  • Jun 11, 2022

    Date

    Active

    CRMLS: 22165907

    $545,000

    Price

  • Listing provided courtesy of CRMLS

    Opportunity Zone!! Commercial Zoning (LAC2). This incredible investment property offers lots of potential and opportunity to own two detached buildings with 3 units. The front 2 units can be used as a business and the rear unit offers 3 bedrooms and 2 baths. This property can be utilized for various uses; residential, business, rental property, etc..remodel or build from scratch Come and bring your vision to it. Close proximity to the 110 & 105 Fwy, schools, shopping, restaurants and minutes away from Sofi stadium and Downtown LA. Back unit is occupied with tenants and the other 2 units are vacant. PLEASE DO NOT DISTURB TENANTS. Tenants are willing to vacate. Cash offers preferred as property is in need of repair. Email for more interior photos. MOTIVATED SELLER! PRICED TO SELL. EXCELLENT INVESTMENT!!! LOOK NO MORE.

  • February, 2019

  • Feb 2, 2019

    Date

    Expired

    CRMLS: 18315000

    $399,000

    Price

  • Jan 23, 2019

    Date

    Withdrawn

    CRMLS: 18315000

    $399,000

    Price

  • Jan 15, 2019

    Date

    Hold

    CRMLS: 18315000

    $399,000

    Price

  • Aug 11, 2018

    Date

    Active

    CRMLS: 18315000

    $399,000

    Price

  • Aug 1, 2018

    Date

    Hold

    CRMLS: 18315000

    $399,000

    Price

  • Feb 19, 2018

    Date

    Active

    CRMLS: 18315000

    $399,000

    Price

  • Listing provided courtesy of CRMLS

  • December, 2015

  • Dec 4, 2015

    Date

    Sold (Public Records)

    Public Records

    $300,000

    Price

  • January, 2013

  • Jan 22, 2013

    Date

    Sold (Public Records)

    Public Records

    $155,500

    Price

Show More

Tax History for 8018 Avalon Blvd

Assessed Value (2020): $325,048
Year Land Value Improved Value Assessed Value
2020 $162,779 $162,269 $325,048

Home Value Compared to the Market

This property vs the competition

8018 Avalon Blvd is listed 10.42% 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 $768 and this home is listed at $646.03 per/sqft which puts the price per square foot 15.88% lower than the median price per square foot for the city of Los Angeles.

About 8018 Avalon Blvd

Detailed summary of property

8018 Avalon Blvd is a multi family located in Los Angeles, CA 90003 and is currently for sale. This multi family property offers 5 bedrooms, 4 bathrooms, roughly 1,664 living square feet, and sits on an approximately 4,002 square foot lot. 8018 Avalon Blvd was first listed on ArdentRealEstateGroup.com on July 17, 2024. The homeowner is currently asking $1,075,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 10.42% lower than the median priced home. Local competing homes currently for sale include 8013 Antwerp St, 1139 E 68th St and 1300 E 71st St. While the average home in Los Angeles, CA is selling in 106 days, 8018 Avalon Blvd has a days on market of 55 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 8018 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 8018 Avalon Blvd

Public county record property details
Beds
2
Baths
2
Year built
1928
Sq. Ft.
1,664
Lot Size
4,001
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
1019
APN
6029-008-006

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.
$574
Median Sold Price
$515,000
Median Sold Price/Sq.Ft.
$535
Total Inventory
47
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%)

Tour This Home

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 8018 Avalon Blvd

Nearby Homes for Sale

345 E 82nd St, Los Angeles, CA 90003
$899,999
4 Beds
3 Baths
1529 Sq.Ft.
345 E 82nd St
Los Angeles, CA 90003
9004 S San Pedro St, Los Angeles, CA 90003
$1,279,000
11 Beds
7 Baths
4260 Sq.Ft.
9004 S San Pedro St
Los Angeles, CA 90003
243 E 68th St, Los Angeles, CA 90003
$898,000
5 Beds
2 Baths
1964 Sq.Ft.
243 E 68th St
Los Angeles, CA 90003
126 E 89th St, Los Angeles, CA 90003
$875,000
8 Beds
4 Baths
3204 Sq.Ft.
126 E 89th St
Los Angeles, CA 90003
8141 Zamora Ave, Los Angeles, CA 90001
$995,999
18 Beds
12 Baths
3 Sq.Ft.
8141 Zamora Ave
Los Angeles, CA 90001
1158 E 88th Pl, Los Angeles, CA 90002
$925,000
3 Beds
2 Baths
2891 Sq.Ft.
1158 E 88th Pl
Los Angeles, CA 90002
317 W 76th St, Los Angeles, CA 90003
$925,000
9 Beds
5 Baths
3820 Sq.Ft.
317 W 76th St
Los Angeles, CA 90003
1327 E 75th St, Los Angeles, CA 90001
$1,049,000
8 Beds
4 Baths
3240 Sq.Ft.
1327 E 75th St
Los Angeles, CA 90001

Recently Sold Homes Near 8018 Avalon Blvd

8021 Avalon Blvd, Los Angeles, CA 90003
$853,000 Last Sold Price
16 Beds
10 Baths
3014 Sq.Ft.
8021 Avalon Blvd
Los Angeles, CA 90003
612 E 80th St, Los Angeles, CA 90001
$815,000 Last Sold Price
10 Beds
6 Baths
3432 Sq.Ft.
612 E 80th St
Los Angeles, CA 90001
443 E 81st St, Los Angeles, CA 90003
$912,500 Last Sold Price
10 Beds
4 Baths
3102 Sq.Ft.
443 E 81st St
Los Angeles, CA 90003
628 E 80th St, Los Angeles, CA 90001
$650,000 Last Sold Price
5 Beds
2 Baths
1990 Sq.Ft.
628 E 80th St
Los Angeles, CA 90001

Related Resources to 8018 Avalon Blvd

New Listings in 90003
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

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.

Call