4615 S Avalon Boulevard

    Los Angeles (City), CA 90011
    • $1,350,000
    • STATUS: Active
    • ON SITE: 15 days
    • ID#: 18402132
    UPDATED: 57 min ago
    $1,350,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,664
      SQFT
    • $289
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1957
    County:

    School Ratings & Info

    Description

    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.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T11:30:53.543. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/88985364

    4615 S Avalon Boulevard Los Angeles (City), CA 90011

    • Price: $1,350,000
    • Status: Active
    • Updated: 57 min ago
    • ID#: 18402132
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    4,664
    SQFT
    $289
    $/SQFT
    1957
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    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.
    Exterior Features

    Lot Size Units Square Feet Parking Features Assigned Parking YN Yes Roof Asbestos Shingle

    Interior Features

    Appliances None Appliances YN No Flooring CarpetLaminate Laundry Features None Levels Two

    Property Features

    Cap Rate 4.50 Electric Expense 0.00 Fuel Expense 0.00 Gross Multiplier 0.00 Gross Operating Income 97589.00 Improvements Amount 551951 Insurance Expense 3100.00 Land Lease YN No Land Value 194804 Laundry YN No Licenses Expense 350.00 Maintenance Expense 2000.00 Net Operating Income 60999.00 Number Of Separate Electric Meters 8 Number Of Separate Gas Meters 8 Number Of Separate Water Meters 1 Number With Range 8 Pest Control Expense 400.00 Pool Expense 0.00 Professional Management Expense 4200.00 Security Features Smoke Detector Special Listing Conditions Standard Tenant Pays ElectricityGas Total Expenses 36590.00 Trash Expense 3000.00 Vacancy Allowance Rate 3.00 Water Sewer Expense 6500.00 Zoning Lac2

    Listing provided courtesy of Jae Park of City Commercial Properties.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-15T11:30:53.543. 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 deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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