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8717 Avalon , Los Angeles, CA 90003
Priced at Only: $2,500,000
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Address: 8717 Avalon , Los Angeles, CA 90003
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  • MLS#: PW26012675 ( Apartment )
  • Street Address: 8717 Avalon
  • Viewed: 1
  • Price: $2,500,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1959
  • Bldg sqft: 0
  • Days On Market: 19
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90003
  • Provided by: First Team Real Estate
  • Contact: John John
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Here we have a two story 10 plex apartment building. All units are two bedrooms with a full bath, kitchen, dining area and a living room. The building has recently been painted to match the neighboring 10 plex at 8711 which is also on the market. Rent rolls occupied are at 90% at 90% of the calendar year. As vacancies do come available, they are upgraded to include paint, carpet, flooring, kitchens and bathrooms as needed. This building is supported by a 500 gallon hot water system for the comfort and care of the tenants. The roof was recently serviced for prevented maintenance and verified for continued problem free use. The parking lot has restriped with one space per apartment with addition spaces in the lot. The structure insurance was recently renewed. The parking area is gated and has exterior lighting for the safety of the tenants and their families. The property is within walking distance of transportation stops, shopping and restaurants. It is also close to freeway transportation routes and their accesses ramps.
Features
Building Area Total
  1. 5704.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Country
  1. US
Garage Spaces
  1. 0.00
Insurance Expense
  1. 3900.00
Laundry Features
  1. None
Lockboxtype
  1. None
Lot Features
  1. 0-1 Unit/Acre
  2. Level with Street
  3. Rectangular Lot
  4. Level
Netoperatingincome
  1. 130824.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Parcel Number
  1. 6041019023
Parking Features
  1. Asphalt
Pool Features
  1. None
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 454914553:CRM
Tenant Pays
  1. Cable TV
  2. Electricity
  3. Gas
Totalactualrent
  1. 138917.00
Totalexpenses
  1. 4200.00
Trash Expense
  1. 1500.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
  3. Water Connected
Vacancyallowance
  1. 2000
Water Sewer Expense
  1. 1500.00
Water Source
  1. Public
Year Built
  1. 1959
Year Built Source
  1. Assessor
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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