Two-Unit Duplex with Private
For Sale
$1,199,997
8315 Avalon, Los Angeles, CA 90003
Both residences include in-unit laundry and a four-bedroom, three-bathroom configuration.
Property Size3,580 SF
Price / SF$335.19
Days on Market219
Property Features for 8315 Avalon
General Information
Standard status
Active
Size
3,580 SF
Property subtype
Duplex
Site & Location
Neighborhood
Elysian Valley
Units
Unit Mix
2 x 4BR/3BA
Multifamily Units
2
Amenities
private garages
in-unit laundry
Building Details
Building Size
3,580 SF
Year Built
2013
Buildings
1
Listing Agency:
Will Wheaton Real Estate
(213) 445-2277
Listed By:
Willie Wheaton · License #01857540
(818) 351-7250
Source:
Brillarealestate
Added: Mar 23
Changed: Oct 26
Last Checked: Oct 26 at 2:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Will Wheaton Real Estate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2013, this Los Angeles duplex contains two residences, each with four bedrooms and three bathrooms. The property totals 3580 square feet, with a private garage and in-unit laundry serving each unit.
The two-unit configuration and separate garage access are the principal physical features of this residential income property.
The two-unit configuration and separate garage access are the principal physical features of this residential income property.
Key Highlights
- Two units, each with 4 bedrooms and 3 bathrooms
- 3580 square feet across the property
- Built in 2013
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,044
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,620,880
$1.6M
Cap Rate 7%
$1,157,771
$1.2M
Cap Rate 9%
$900,489
$900.5K
Market Conditions
NOI Build-Up for 3,580 SF
Gross rent
$118.1K $33.00/SF
− Vacancy
−$2.4K −$0.66/SF
EGI
$115.8K $32.34/SF
− OpEx
−$34.7K −$9.70/SF
NOI
$81.0K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,620,880
Cap Rate 7%
$1,157,771
Cap Rate 9%
$900,489
Alternative Uses
Best Use
Apartment 5plus
$63.29M
$55.38M – $73.84M
NOI $4,430,444 @ 7.0% cap · market cap 369.20%
Second Best
Multifamily LT 5
$1.16M
$1.01M – $1.35M
NOI $81,044 @ 7.0% cap · market cap 6.75%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include in-unit laundry and a four-bedroom, three-bathroom configuration.
Where is this duplex located?
The property is located at 8315 Avalon Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,199,997.
What are key features of this property?
This property features: Two units, each with 4 bedrooms and 3 bathrooms; 3580 square feet across the property; Built in 2013
