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    Los Angeles Duplex with Expansion Potential Title is generated by Realmo AI

    10406 Avalon Boulevard, Los Angeles, CA 90003

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    Claim this Listing
    For Sale
    Under Contract
    $675,000

    Contemporary, Duplex - Los Angeles, CA

    Type:Duplex
    Property size:
    2,160 SF
    Lot size:
    3,000.00 Acres
    Price / SF:
    $312/SF
    Added:
    Apr 7, 2026
    Days on Market:
    62
    Last Refresh:
    Jun 7 at 1:06 am

    Property Features for 10406 Avalon Boulevard

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    LAC2
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Great Room, Kitchen, Laundry
    Parking
    4
    Parking features
    Driveway, Gated, Off Street, Paved or Surfaced, RV
    Interior features
    Unfurnished, Ceiling Fan(s), Open Floorplan, Tile Counters, Formica Counters, No Interior Steps, Carbon Monoxide Detector(s)
    Exterior features
    Fence, Community Features Included: Curbs, Street Lights, Urban, Sidewalks, Suburban, Rectangular Lot, Utilities - Overhead, Level, Near Public Transit, No Landscaping, Front Yard, Back Yard, Yard
    Fencing
    Fenced
    Standard status
    Active Under Contract
    APN
    6051027010
    Size
    2,160 SF
    Lot size
    3,000.00 Acres

    Utilities

    Heating system
    Wall Furnace
    Cooling system
    None (Cooling)

    Building Details

    Year built
    2004
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Vinyl
    Building materials
    Stucco
    Roof type
    Composition, Shingle
    Architectural style
    Contemporary

    We can help!

    Listing Contact
    Sandy Carroll
    Sandy Carroll

    Listing agent Sandy Carroll License #01220728

    Listing office First Team Real Estate 12501 Seal Beach Blvd. #100, Newport Beach, CA

    Listing date Apr 7, 2026

    MLS# PW26074265 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Investor or owner‑user duplex built in 2004 with two 3‑bedroom units (nearly identical upper and lower layouts)
    • Each unit has separate gas and electric meters and its own in‑unit stack laundry space
    • Each unit includes a newer individual water heater, plus wall furnace heat and no cooling listed
    • Front‑positioned building with a deep rear yard, with potential for additional parking and possible expansion (buyer to verify with City)
    • Parking includes a driveway, gated access, off‑street paved/surfaced parking, and RV parking
    • Convenient access to the 105 and 110 freeways, Metro rail/transit corridors, and major Los Angeles destinations including SoFi Stadium, USC, LAX, and Downtown

    Overview

    This duplex, constructed in 2004, presents an opportunity for investors or owner-users. Each of the two units features 3 bedrooms and 1 bath, along with in-unit stack laundry space. The property has separate gas and electric meters, and new individual water heaters for each unit. The upper unit includes updated kitchen cabinets, sink, and counters, along with newer vinyl flooring in the hallways and bedrooms. The lower unit has a side exit and an additional closet. The building's positioning toward the front of the lot creates a deep rear yard, offering ample space for additional parking and potential expansion. The lot layout may allow additional improvements or expanded living area. Convenient access to the 105 and 110 freeways, Metro rail and transit corridors, and major employment centers throughout Los Angeles supports consistent rental demand. The property is located near SoFi Stadium, Intuit Dome, USC, BMO Stadium, Crypto.com Arena, LAX, and Downtown Los Angeles, providing access to major job centers, entertainment venues, and transportation hubs. Upgrades would improve overall condition and may enhance value and rental potential. The property is located in Los Angeles, CA.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.265
    Latitude
    33.94165

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    FAQs

    What type of property is this?
    Duplex - 2004 duplex with upside, expansion potential, near LA attractions.
    Where is this duplex located?
    The property is located at 10406 Avalon Boulevard Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: Investor or owner‑user duplex built in 2004 with two 3‑bedroom units (nearly identical upper and lower layouts); Each unit has separate gas and electric meters and its own in‑unit stack laundry space; Each unit includes a newer individual water heater, plus wall furnace heat and no cooling listed
    (562) 858-1219
    We can help!
    Listing Contact
    Sandy Carroll
    Sandy Carroll
    Real Estate License ID: 01220728
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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