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Off market
  • $605,800

    11911 Avalon Blvd, Los Angeles, CA 90061

    2beds
    3baths
    2,000sqft
    MultiFamily
    Built in 1930
    -- sqft lot
    $605,800 Zestimate®
    $303/sqft
    $3,046 Estimated rent

    What's special

    Great mixed use property with stable tenants. Fast Food Restaurant in front and two Residential units in the back each 1 Bed + 1 Bath. Restaurant has been in business for over 20 years, very well known and is part of the neighborhood recently with new management and update. Property has long drive way with plenty of parking spaces. It is a very well kept property, Great visibility, HIGH RETURN, Easy to manage with lots of potential for extra income. Commercial Front unit: $1,850/mo; 1+1 Back unit: $1650; 1+1 Back Unit: $1,404 total monthly rent $ 4,904, Yearly Gross income $ 58,840 ACTUAL CAP RATE % 6 Current GRM; 11.8, MUST SEE.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    Heating
    • Gas
    Cooling
    • Wall
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Carport
    Lot
    • Size: 5,009 sqft
    Details
    • Additional structures: Other
    • Parcel number: 6083029003

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1930

    Community & neighborhood

    Location
    • Region: Los Angeles

    Other

    Other facts
    • County: Los Angeles
    • Heating: Wall, Wall Gas
    • ListingStatus: Active
    • PropertyType: Residential Income
    • Cooling: Wall/Window
    • SourceLotSizeArea: Vendor Enhanced
    • ParkingGarage: Assigned, Carport
    • Equipment: Cable
    • SourceLivingArea: Other
    • ListingArea: Metropolitan South
    • Flooring: Mixed
    • Country: US
    • UnitTypeType: 2106, 2107, 2108
    • OtherStructures: Other
    Services availability
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    Estimated market value

    $605,800