6
See all 6 photos
$825,000
Est. payment /mo
New
7900 Avalon BLD Los Angeles, CA 90003
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB25055888
Originating Board California Regional MLS
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
Tax ID 6029001009
Special Listing Condition Not Applicable
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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.