7900 Avalon BLVD new

Los Angeles,CA 90003

$ 825000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25055888

Year Built 1947

Lot Size 4,504 Sqft

Property Sub-Type Mixed Use

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

Zoning LAC2

Interior

Laundry Electric Dryer Hookup,Gas Dryer Hookup

Exterior

Pool None

Community Features Biking,Curbs,Sidewalks

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan,Conventional

Listing Terms Cash,Cash to Existing Loan,Cash to New Loan,Conventional

Special Listing Condition Standard

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