$1,650,000
SOLD MAR 31, 2016

4812 Avalon Blvd Los Angeles, CA 90011

South Park Neighborhood
18 Beds
7 Baths
5,500 Sq Ft
8,227 Sq Ft Lot

Recently Sold

$300 Per Sq Ft

3% Below List Price

89 Days on Market

Highlights

  • Gated Parking
  • Ceiling Fan
  • 2-minute walk to 49th Street Park

About This Home

As of March 2016

Newly constructed apartment building 2015, gated, 7 units, 3 bedrooms and 2 bedrooms. Units include, stove, refrigerator, microwave oven, washer and dryer. We are in the process of occupying all the units with Section 8 tenants. Tenants pay water, electricity and gas. There are seven parking spaces; one for handicap. Great for investor to hold with a good return. Please contact agent for all questions or additional information.

Last Agent to Sell the Property

Christine Hong

Hilton & Hyland License #01325115 Listed on: 11/22/2015

Hilton & Hyland

Co-Listed By

Herbert McGurk

Coldwell Banker Realty License #01361267

Last Buyer's Agent

Jay Park

City Commercial Properties License #01204986

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2015

Interior Spaces

  • 5,500 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Oven or Range
  • <<microwave>>
  • Disposal

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 7 Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 7 Parking Spaces
  • Gated Parking
  • Assigned Parking

Additional Features

  • 8,227 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 7 Units

Listing and Financial Details

  • Assessor Parcel Number 5108-009-029

Property Details

Home Type

Multi-Family

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5500
  • Probate: No
  • Stories: 2
  • Year Built: 2015
  • Number Of Photos: 4
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 18
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 7.00
  • Den: 0
  • Equipment: Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Washer
  • Price Per S Q F T: 308.91

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Gated
  • Total Parking: 7

Utilities

  • Cooling: Ceiling Fan
  • Heating: Wall

Fee Information

  • Insurance Expense: 2500.00
  • Maintenance Expense: 1000.00
  • Trash Expense: 1500.00

Lot Info

  • Assessed Improvement Value: 0
  • Assessed Land Value: 205000
  • Assessor Parcel Number: 5108-009-029
  • Geocode Override: No
  • Lot Size Area: 8227

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 11.74
  • Number Of Units: 7
  • Total Annual Expense: 25730
  • Type Of Units: Apartment
  • Vacancy Rate: 86%

Tax Info

  • Tax Expense: 20280.00

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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 Change Sq Ft Price
03/31/2016 03/31/16 Sold $1,650,000 -2.9% $300 / Sq Ft
02/19/2016 02/19/16 Pending -- -- --
11/22/2015 11/22/15 For Sale $1,699,000 +1032.7% $309 / Sq Ft
10/12/2012 10/12/12 Sold $150,000 -57.0% $27 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
02/01/2010 02/01/10 For Sale $349,000 -- $63 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Christine Hong

    Seller's Agent in 2016

    Christine Hong

    Hilton & Hyland

    (310) 433-5590

    20 Total Sales

    Christine Hong
    Section Image
  • Herbert McGurk

    Seller Co-Listing Agent in 2016

    Herbert McGurk

    Coldwell Banker Realty

    (310) 739-5511

    4 Total Sales

    Herbert McGurk
    Section Image
  • Jay Park

    Buyer's Agent in 2016

    Jay Park

    City Commercial Properties

    (323) 985-6410

    15 Total Sales

    Jay Park
    Section Image
  • Justin Capizzi

    Seller's Agent in 2012

    Justin Capizzi

    eXp Realty of California Inc

    (714) 448-4488

    49 Total Sales

    Justin Capizzi
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 15-961001

The MLS

California Los Angeles County Los Angeles 90011 South Park

4812 Avalon Blvd, Los Angeles, CA

This home is located at 4812 Avalon Blvd, Los Angeles, CA 90011 and is currently priced at $1,650,000, approximately $300 per square foot. This property was built in 2015. 4812 Avalon Blvd is a home located in Los Angeles County with nearby schools including Forty-Ninth Street Elementary School, George Washington Carver Middle School, and Thomas Jefferson Senior High School.

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