Two-Story 10-Plex Apartment
For Sale
Contact for pricing
8717 Avalon, Los Angeles, CA 90003
Two-story, 10-unit apartment building near transportation, shopping, and freeways.
Property SizeContact for details
Days on Market212
Property Features for 8717 Avalon
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
Assessor
Building Details
Buildings
1
Stories
2
Units
10
Listing Agency:
First Team Real Estate
(714) 996-6070
Listed By:
John Muller · License #01301369
Source:
Crexi
Added: Jan 16
Changed: Aug 8
Last Checked: Aug 13 at 7:15AM
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 First Team Real Estate
Investment Insights
Based on property information with market context.
This two-story apartment building contains 10 units. Each unit features two bedrooms, a full bathroom, a kitchen, a dining area, and a living room. The building's exterior has been recently painted to match the neighboring 10-plex. The rent rolls show 90% occupancy for 90% of the calendar year. Vacant units are upgraded with new paint, carpet, flooring, kitchens, and bathrooms as needed. A 500-gallon hot water system supports the building. The roof has been recently serviced for preventative maintenance. The parking lot has been restriped to provide one space per apartment, with additional spaces available. The structure insurance has been recently renewed. The parking area is gated and features exterior lighting. The property is located within walking distance of transportation stops, shopping, and restaurants, and is close to freeway transportation routes and access ramps.
Key Highlights
- High occupancy rate: 90% occupancy for 90% of the year.
- Units are upgraded upon vacancy: Includes paint, carpet, flooring, kitchens and bathrooms as needed.
- Gated parking with exterior lighting: Provides security for tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,120
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-story, 10-unit apartment building near transportation, shopping, and freeways.
Where is this apartment building located?
The property is located at 8717 Avalon Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: High occupancy rate: 90% occupancy for 90% of the year.; Units are upgraded upon vacancy: Includes paint, carpet, flooring, kitchens and bathrooms as needed.; Gated parking with exterior lighting: Provides security for tenants.
