NOT LISTED FOR SALE

13816 Avalon Blvd Los Angeles, CA 90061

5 Beds
6 Baths
2,232 Sq Ft
5,497 Sq Ft Lot

Last Sold June 10, 2013

Last sale price $405,000 $181 Per Sq Ft

1,125 Days on Market

About This Home

As of June 2013

Here is a fine non-rent contolled opportunity with an excellent chance of a great cash return. At the asking price this investment possibility has a low GRM of 7.38, a high CAP Rate of 8% and a low cost per unit of $70,833. Some improvements include a newer roof, copper plumbing, newer flooring, recent interior & exterior paint, remodeled kitchens, updated electrical outlets, and nearly all new windows. The property also has at least a 1:1 parking.

Last Agent to Sell the Property

Derek Fowler

REMAX COMMERCIAL & INVESTMENT REALTY License #01319692 Listed on: 03/24/2010

REMAX COMMERCIAL & INVESTMENT REALTY

Last Buyer's Agent

Rajesh Sharma

License #01758258

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 5,497 Sq Ft Lot

Interior Spaces

  • 2,232 Sq Ft Home
  • 1-Story Property

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Community Details

  • 6 Units
  • Vacancy Allowance $2,880

Listing and Financial Details

  • The owner pays for electricity, gas
  • Assessor Parcel Number 6134-017-038

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: Yes
  • Living Area: 2232
  • Price Per Unit: 70833.33
  • Stories: 1
  • Year Built: 1956
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 190.41

Exterior Features

  • Tennis Court Y/N: No
  • Construction: Frame and Stucco
  • Paved: Yes
  • Pool: No
  • View: No

Garage/Parking

  • Other Spaces: 6
  • Parking Garage: Uncovered
  • Total Parking: 6

Utilities

  • Number Electric Meters: 1
  • Number Gas Meters: 1

Lot Info

  • Assessed Improvement Value: 196925
  • Assessed Land Percent: 62.41
  • Assessed Land Value: 326398
  • Total Assessed Value: 523850
  • Assessor Parcel Number: 6134-017-038
  • Lot Size Area: 5497

Rental Info

  • Total Actual Rent: 57600.00
  • Owner Pays: Electricity, Gas
  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 7.38
  • Number Of Units: 6
  • Rent Control: 0
  • Type Of Units: 1 Bedrooms
  • Vacancy Allow: 2880
  • Vacancy Allow Percent: 5.00

Range of Values:

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Average Value
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List Price
Sold Price
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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
06/10/2013 06/10/13 Sold $405,000 -13.8% $181 / Sq Ft
04/22/2013 04/22/13 Pending -- -- --
03/24/2010 03/24/10 For Sale $470,000 -- $211 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Derek Fowler

    RE/MAX

    Section Image

  • R

    Buyer's Agent in 2013

    Rajesh Sharma

See All Agents

Map

Source: The MLS

MLS Number: 10-437413

The MLS
California Los Angeles County Los Angeles 90059

13816 Avalon Blvd, Los Angeles, CA

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