7900 Avalon Blvd, Los Angeles, CA 90003

7900 Avalon Blvd, Los Angeles, CA 90003

Los Angeles, CA
$825,000

Property Description

7900 Avalon is a newly renovated triplex with a commercial space, situated on the corner of Avalon Blvd and 79th Street. Generating strong income, the property operates at a 7.09% cap rate and a 9.53 GRM. The commercial space features prime frontage along Avalon, while alley access provides additional convenience at the rear of the property. Built in 1947, the buildings are subject to LARSO, with all units separately metered for utilities. The unit mix includes (2) one-bedroom, one-bath units, (1) three-bedroom, one-bath unit, and (1) commercial space. The property also offers six onsite parking spaces, which present potential for ADU conversion.

Property Features

  • Sale Price: $825,000
  • Area Size: 2,167 Sq Ft
  • Land Area: 4,506 sq ft lot
  • Year Built: 1947
  • Units: 3 + 1
  • Current GRM: 9.53
  • Current Cap Rate: 7.09%

Lyon Stahl Investment Real Estate

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