4214 Avalon Boulevard
Los Angeles, CA 90011

  • – beds
  • – baths
  • – sqft
  • 11,960 sqft lot
  • 1995 build
  • on site

10 UNIT BUILT 1995. ACROSS FROM KEDREN COMMUNITY AND HEALTH CARE CLINC. THE AREA HAS IMPROVED SUBSTANTIALLY AND CONTINUING TO IMPROVE YEAR BY YEAR. LARGE UNITS WITH 18 TANDEM PARKING. 3 UNITS ARE 15% BELOW MARKET RENTS. RARE VACANCIES. CAPITAL IMPROVEMENTS IN 2023. CURRENTLY 5.81 CAP & 6.49 CAP AS OF OCT 1, 2024 RENT INCREASE. SEE ATTACHED SAPPLEMENTS. $290K PER UNIT & $300 PSF, BELOW REPLACEMENT COST. IN 2019, THE PROPERTY WAS APPRAISED BY MALAGA BANK @ $2.8M WHEN THE GROSS RENT WAS @ $208K. PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENT IS THE OWNER. LAUNDRY ROOM HAS W/D HOOK UP READY FOR NEW LAUNDRY MACHINES. RENTS WILL INCREASE BY $1,624 ($19,488 ANNUALLY) EFFECTIVE OCT 1, 2024.

California Regional MLS logo Listed By CRMLS_CA / Edmond Khudyan / Coldwell Banker Hallmark / 818-919-0600

Last checked: Checking… • Last updated Apr 23, 2024 •

MLS# GD24056505 —

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Sale history

Date Event Source Price % Change
4/23/24
Sold Subject To Contingencies CRMLS_CA $2,899,000
4/1/24
Listed / Active CRMLS_CA $2,899,000 96.5% (10.2% / YR)
10/31/14
CRMLS_CA $1,475,000

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$2,899,000

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Listing provided by broker:

Edmond Khudyan

Coldwell Banker Hallmark

818-919-0600

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This multifamily located in South La, Los Angeles, CA 90011 is currently for sale for $2,899,000. 4214 Avalon Boulevard is a – square foot multifamily with – beds and – baths that has been on Estately for 28 days. 4214 Avalon Boulevard is in the South La neighborhood of Los Angeles and has a WalkScore® of 74, making it very walkable. This multifamily is in the attendance area of Harmony Elementary School, George Washington Carver Middle School, Nava College Preparatory Academy, and Santee Education Complex.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Coldwell Banker Hallmark. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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