NOT LISTED FOR SALE

13802 Avalon Blvd Los Angeles, CA 90061

6 Beds
6 Baths
2,232 Sq Ft
6,301 Sq Ft Lot

Last Sold February 01, 2019

Last sale price $750,000 $336 Per Sq Ft

133 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Granite Countertops
  • Property is near public transit
  • Corner Lot
  • No HOA

About This Home

As of February 2019

We have a well positioned 6 unit building available. It has a new roof, new exterior paint and new paving. It is centrally located for freeway access. Three of the units have had some remodeling done.

Last Agent to Sell the Property

Danny Flores

DANIEL FLORES, BROKER License #01779773 Listed on: 03/06/2018

Last Buyer's Agent

Derek Fowler

Re/Max Commercial & Investment License #01319692

Re/Max Commercial & Investment

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 6,301 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Corner Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Level Lot
  • Density is up to 1 Unit/Acre

Home Design

  • Traditional Architecture
  • Property Attached
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Tile Flooring
  • Neighborhood Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, water
  • Tax Lot 16
  • Tax Tract Number 9295
  • Assessor Parcel Number 6134017001

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $499
  • Gardener Expense $1,125
  • Insurance Expense $1,351
  • Maintenance Expense $5,596
  • Water Sewer Expense $2,200
  • New Taxes Expense $11,187
  • Operating Expense $23,890
  • Gross Income $89,640
  • Net Operating Income $63,060

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.42
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Water Sewer Expenses: 2200.00
  • Zoning: LCR3YY
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 1125.00
  • Parcel Number: 6134017001
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 336.02
  • Room Type: All Bedrooms Down, Kitchen, Living Room

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Concrete, Drywall Walls, Plaster, Stucco

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, On Site, Parking Space
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street, Rectangular Lot, Near Public Transit, Paved
  • Lot Size Sq Ft: 6301.00
  • Lot Size Acres: 0.1447

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Average1 Bed Area: 372 Square Feet
  • Electric Expense: 499.00
  • Gross Income: 89640.00
  • Gross Multiplier: 9.48
  • Gross Operating Income: 86951.00
  • Gross Scheduled Income: 89640.00
  • Gross Spendable Income: 29487.00
  • Insurance Expense: 1351.00
  • Lot Size Area: 6301.0000 Square Feet
  • Maintenance Expense: 5596.00
  • Net Operating Income: 63060.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 23890.00
  • Operating Expense Percent: 32.30
  • Rent Control: No
  • Total Actual Rent: 72120.00
  • Total Expenses: 23890.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 11187.00
  • Tax Area: 3797
  • Tax Census Tract: 5412.00
  • Tax Lot: 16
  • Tax Tract Number: 9295

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $750,000 -11.7% $336 / Sq Ft
07/11/2018 07/11/18 Price Changed $849,500 -5.1% $381 / Sq Ft
05/30/2018 05/30/18 Price Changed $895,000 -5.7% $401 / Sq Ft
04/11/2018 04/11/18 Price Changed $949,500 -4.6% $425 / Sq Ft
03/07/2018 03/07/18 Price Changed $995,000 -5.2% $446 / Sq Ft
03/06/2018 03/06/18 For Sale $1,050,000 -- $470 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Danny Flores

    DANIEL FLORES, BROKER

    Section Image
  • Derek Fowler

    Buyer's Agent in 2019

    Derek Fowler

    RE/MAX

    (310) 802-2552

    1 Total Sale

    Derek Fowler
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB18052398

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90059

13802 Avalon Blvd, Los Angeles, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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