SOLD
$1,385,000
Date 01/04/2024

11010 Avalon Boulevard
Los Angeles, CA 90061

Apartment
Residence
9,328
Sqft
0.2757
Lot Size
Listing Agent: Stelios Zoumberakis CalDRE: 02049494 - Keller Williams Coastal Prop., [email protected]
Available again, with a giant price correction! Sellers are highly motivated to meet market.Located just a block from the gentrifying intersection of Imperial and Avalon the 16-units available at 11010 & 11016 Avalon Blvd offers the right buyer a sought-after unit mix of all 2-bedroom units and an over 50% upside in rents. With buildings split between 2 parcels, this heavy value-add investment helps keep expenses to a minimum removing the need for an onsite manager.The combination of convenience and seclusion; the property is surrounded by single family homes and small multi-family buildings and consists of ~9,300 SF of livable space on ~12,000SF of land. The buildings share parking, and are individually metered for both gas and power with low-sloping roof on both structures. In addition to their close proximity to schools, employment and enjoyment, the tenants enjoy on-site amenities including a private entrance, off-street parking, and gated entry.
PW23038837
Apartment, 2 Story
Los Angeles
1956
0.2757 Acres
Public
2
Public Sewer
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Listing Agent: Stelios Zoumberakis CalDRE: 02049494 - Keller Williams Coastal Prop., [email protected]
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