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11010 Avalon Boulevard, Los Angeles, CA 90061
$1,385,000
11010 Avalon Boulevard, Los Angeles, CA 90061View this property at 11010 Avalon Boulevard, Los Angeles, CA 90061
11010 Avalon BoulevardLos AngelesCA90061
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Property Description
Available again, with a giant price correction! Sellers are highly motivated to meet market.
Located just a block from the gentrifying intersection of Imperial and Avalon - the 16-units available at 11010 & 11016 Avalon Blvd offers the right buyer a sought-after unit mix of all 2-bedroom units and an over 50% upside in rents. With buildings split between 2 parcels, this heavy value-add investment helps keep expenses to a minimum removing the need for an onsite manager.
The combination of convenience and seclusion; the property is surrounded by single family homes and small multi-family buildings and consists of ~9,300 SF of livable space on ~12,000SF of land. The buildings share parking, and are individually metered for both gas and power with low-sloping roof on both structures. In addition to their close proximity to schools, employment and enjoyment, the tenants enjoy on-site amenities including a private entrance, off-street parking, and gated entry.
Full Property Details
Full Property Details for 11010 Avalon Blvd
General
- Sold For: $1,385,000
- Status: Closed
- Type: Multi-Family
- MLS ID: PW23038837
- Added to Site: 424 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: Assigned, Asphalt
- Parking: Assigned, Asphalt
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: Imperial Blvd to Avalon Blvd North.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 2
- # Gas Meters: 16
- # Electric Meters: 16
Structural Information
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 9,328
- Year Built: 1956
Unit Information
Unit 1
- Number of Units: 16
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2757
- Lot Size Source: Assessor
- Zoning: LARD1.5
- Lot Description: Lot 10000-19999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $148.48
- Price Per Unit: 143750
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed and Sold by Keller Williams Coastal Prop., Stelios Zoumberakis
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Schools
Schools serving 11010 Avalon Blvd
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
10915 McKinley Ave, Los Angeles, CA 90059 | K-5 | 0.2 mi | |
234 E 112th St, Los Angeles, CA 90061 | 6-8 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11010 Avalon Blvd
Date
Details
Price
Change
Source
1/04/2024
Sold
$1,385,000
-39.78%
MLS
8/25/2023
Price Reduced
$2,300,000
-23.33%
MLS
3/16/2023
Price Reduced
$3,000,000
-6.25%
MLS
3/08/2023
Listed
$3,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
11010 Avalon Boulevard, Los Angeles, CA 90061 (MLS# PW23038837) is a Multi-Family property that was sold at $1,385,000 on January 04, 2024. Want to learn more about 11010 Avalon Boulevard? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.