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11655 Avalon Blvd

16 Unit Block of Flats £2,353,230 (£147,077/Unit) 7.05% Net Initial Yield 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 Annual Per SF
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
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price £2,353,230 Building Class C
Price Per Unit £147,077 Lot Size 0.37 AC
Sale Type Investment Building Size 9,328 SF
Net Initial Yield 7.05% Average Occupancy 100%
No. Units 16 Number of Floors 2
Property Type Residential Year Built 1956
Property Subtype Apartment Parking Ratio 1.72/1,000 SF
Apartment Style Low Rise Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price £2,353,230
Price Per Unit £147,077
Sale Type Investment
Net Initial Yield 7.05%
No. Units 16
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.37 AC
Building Size 9,328 SF
Average Occupancy 100%
Number of Floors 2
Year Built 1956
Parking Ratio 1.72/1,000 SF
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

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 - -
1 of 1
11655 Avalon Blvd, Los Angeles, CA - aerial map view - Image1
11655 Avalon Blvd, Los Angeles, CA - aerial map view - Image2

PROPERTY TAXES

Parcel Number 6083-007-028 Improvements Assessment £2,745,435 (2024)
Land Assessment £1,568,820 (2024) Total Assessment £4,314,255 (2024)

PROPERTY TAXES

Parcel Number
6083-007-028
Land Assessment
£1,568,820 (2024)
Improvements Assessment
£2,745,435 (2024)
Total Assessment
£4,314,255 (2024)

zoning

Zoning Code LAR2
LAR2
  • NaVaro Johnson
    NaVaro Johnson
  • Expert Management Professionals
(414) 969-6160

  • Listing ID: 34115736

  • Date on Market: 06/12/2024

  • Last Updated:

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

The Harbor Gateway North Residential Property at 11655 Avalon Blvd, Los Angeles, CA 90061 is currently available. Contact Expert Management Professionals for more information.

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© 2024 CoStar Group

11655 Avalon Blvd
(414) 969-6160 x

11655 Avalon Blvd

NaVaro Johnson

(414) 969-6160

(414) 969-6160

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