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Image 1 - 8018 Avalon Blvd, Los Angeles, California, 90003 - House for sale
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Avalon Blvd, Los Angeles, Home For Sale
8018 Avalon Blvd, Los Angeles, California, 90003

Avalon Blvd, Los Angeles, Home For Sale

house for sale
Listed: 07/27/24

8018 Avalon Blvd, Los Angeles, California, 90003

5 Bed:
4 Bath:
1,664 Sq Ft Living Area:
Save
Price
$ 1,08M

About This House

Exceptional Opportunity: Own 4 Units (Fully Vacant) in Los Angeles! This fully vacant property is prime for Section 8 rentals with estimated rental income of approximately$10, 273per payment standard, yielding an impressive CAP rate of 8% - a rarity in today's market! Property features brand new roofs, new windows, stylish new kitchen cabinets, and elegant quartz countertops. The front two units offer high ceilings creating a loft-like atmosphere, and built-in laundry hook ups, while the back units benefit from a convenient community laundry space. All units come equipped with new tankless water heaters, stoves, refrigerators, microwaves and mini-split AC/heating systems. Upgrades include new electrical systems and 400 amp panels, and 100% new pex plumbing and state of the art fire …  Full description

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Florence Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.