7900 Avalon BLD new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25055888
Year Built 1947
Lot Size 4,506 Sqft
Property Sub-Type Fourplex
Property Description
7900 Avalon is a newly renovated triplex with a commercial space, situated on the corner of Avalon Blvd and 79th Street. Generating strong income, the property operates at a 7.09% cap rate and a 9.53 GRM. The commercial space features prime frontage along Avalon, while alley access provides additional convenience at the rear of the property. Built in 1947, the buildings are subject to LARSO, with all units separately metered for utilities. The unit mix includes (2) one-bedroom, one-bath units, (1) three-bedroom, one-bath unit, and (1) commercial space. The property also offers six onsite parking spaces, which present potential for ADU conversion.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Interior
Laundry 38
Exterior
Garage Spaces 6.0
Pool None
Building
Water District - Public
Others
Special Listing Condition Not Applicable