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11655 Avalon Blvd

16 Unit Apartment Building $4,252,260 CAD ($265,766 CAD/Unit) 7.05% Cap Rate Los Angeles, CA 90061

Executive Summary

Prime investment property
Fully leased
Section 8 subsidized
Requires some minor renovations ($150,000)

Financial Summary (Actual - 2023) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $4,252,260 CAD
Price Per Unit $265,766 CAD
Sale Type Investment
Cap Rate 7.05%
No. Units 16
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.37 AC
Building Size 9,328 SF
Average Occupancy 100%
No. Stories 2
Year Built 1956
Parking Ratio 1.72/1,000 SF
Opportunity Zone Yes

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 - -
1+1 1 - -
2+1 11 - -
2+2 1 - -
3+1 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6083-007-028
Land Assessment
$2,830,020 CAD (2024)
Improvements Assessment
$4,952,535 CAD (2024)
Total Assessment
$7,782,555 CAD (2024)

zoning

Zoning Code LAR2
LAR2
  • Listing ID: 34115736

  • Date on Market: 2024-12-06

  • Last Updated:

  • Address: 11655 Avalon Blvd, Los Angeles, CA 90061

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