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    11107 S Avalon Blvd

    Los Angeles, CA 90061
    • $1,425,000
    • STATUS: Active
    • ON SITE: 131 days
    • ID#: 20-575668
    UPDATED: 38 min ago
    $1,425,000
    • 16
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,664
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1958
    County:

    School Ratings & Info

    Description

    Actual CAP 6.29% and 11 GRM. Actual Gross Annual Income $129,564. Unit # 6 is vacant. All 8 units are 2 bed 1 bath each. Next 4% rent increase Jan 2021. Interior inspection with an accepted offer. Current rents are 27% below market rents. Please do not walk on the property tenants are not aware of the sale. Individual gas, electric meters and individual water heaters. Owner pays trash and water. 85% of rents paid by the Housing Authority, currently no delinquencies all tenants are current on rent.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T09:42:15.877. 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.
    www.randyplaice.com/homes/105896004
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    11107 S Avalon Blvd Los Angeles, CA 90061

    • Price: $1,425,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: 20-575668
    16
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,664
    SQFT
    $306
    $/SQFT
    1958
    Built
    Neighborhood:
    Metropolitan South
    County:
    Los Angeles
    Area:
    Metropolitan South
    Property Description
    Actual CAP 6.29% and 11 GRM. Actual Gross Annual Income $129,564. Unit # 6 is vacant. All 8 units are 2 bed 1 bath each. Next 4% rent increase Jan 2021. Interior inspection with an accepted offer. Current rents are 27% below market rents. Please do not walk on the property tenants are not aware of the sale. Individual gas, electric meters and individual water heaters. Owner pays trash and water. 85% of rents paid by the Housing Authority, currently no delinquencies all tenants are current on rent.
    Exterior Features

    Lot Size Area 6079 Other Structures None Parking Garage Uncovered Total Parking 6 View Description Any View YN Yes Water Frontage None

    Interior Features

    Baths Total 8.00 Cooling Window Unit(S) Equipment Range/Oven Fireplace Rooms None Heating Wall Gas Water Heater Features Water Heater Unit

    Property Features

    Electric Expense 720.00 Elevator Expense 0.00 Garage Income 0.00 Gardener Expense 1200.00 Gross Income 129564 Gross Operating Income 125677 Insurance Expense 2400.00 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Maintenance Expense 2400.00 Management Expense 0.00 Monthly Gross Income 10797.00 Net Operating Income 89677.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Security Features Smoke DetectorWindow BarsGatedCarbon Monoxide Detector(S)Automatic Gate Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 36000 Trash Expense 5400.00 TVServices Cable Tv Type Of Units Apartment Water District Water Expense 4800.00 Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of Vladimir Rozumny DRE#01469703 of Vladimir Rozumny.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T09:42:15.877. 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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    27720 Dickason Drive
    Valencia CA, 91355