8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
8325 Avalon BLVD, Los Angeles, CA 90003
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,050,000
Est. payment | /mo

4 Beds

10 Baths

3,600 SqFt

Save
$ 1,050,000
Est. payment | /mo
Save

4 Beds

10 Baths

3,600 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,600 sqft

Price per Sqft $291

MLS Listing ID 26735417

Bedrooms 4

HOA Y/N No

Year Built 1923

Lot Size 6,198 Sqft

Lot Dimensions Assessor

Property Description

We are proud to present 8325 S Avalon Blvd, a well-priced 10-unit multifamily property inLos Angeles. Offered at an 8.90 GRM and a 4.54% CAP on actual rents, with upside potential to achieve a 5.34 GRM and an 11.20% CAP with market rents. The property is comprised of one, two-story building consisting of a total of 3,600 rentable square feet. Built in 1923, the property sits on a 6,198 square foot LAR4-zoned corner lot with street access on two sides plus alley access. The unit mix features four (4) one-bedroom one-bathroom units and six (6) studio units. All four (4) one-bedroom units have been renovated. The property also features additional space in the rear of the property that abuts the alley which can serve as on-site parking for tenants or for future ADUs (buyer to verify). Located off of Avalon Blvd and E 84th St just north of Manchester Ave, this property offers excellent access with close proximity to the 110 Freeway, multiple Metro stations, and easy access to Downtown Los Angeles, Inglewood, Lennox, Gardena and Crenshaw. Contact the listing broker for additional details.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR4

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features Uncovered

Total Parking Spaces 5

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6030029012

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

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We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.