7911 AVALON, Los Angeles, CA 90003  

McAlpin & Company is pleased to present this multi-family opportunity in South Los Angeles. This five unit building consists of three buildings constructed in 1936. The unit mix consists of five units that are all one bedroom one bath apartments. The complex is located east of the Harbor Freeway (110) between Manchester and Florence. This is the City of Los Angeles and the property is subject to rent control. This investment is now being offered at a very attractive GRM of 9.81 with a 6.72 CAP rate. This investment will provide a 9.04% cash on cash return. Please make all offers subject to inspection. PLEASE DO NOT WALK THE PROPERTY OR DISTURB TENANTS.

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Listing Type
Multi-Family
Listing ID
17198584
Lot Size
5,639.00 sqft
Listing Status
Active
Year Built
1936
County
Los Angeles
Floors
0
Units
5
Zoning
LAR4
TaxID
6030033014
Listing courtesy of Jerome McAlpin~McAlpin & Company
Price History
Get price alerts on price change
Date Event Change Price
6/3/2017 Price change $-30,000 (-4.1%) $695,000
5/1/2017 Price change $-40,000 (-5.2%) $725,000
3/3/2017 Price change $-57,000 (-6.9%) $765,000
Houses for Sale Nearby
    Listing Information Provided By:
    RE/MAX TRI-CITY
    2150 Hillhurst Ave Los Angeles, CA 90027 | Phone: (323) 906-8383
    RE/MAX TRI-CITY is licensed in the state of California CalBRE License #: 01038441
    EACH OFFICE INDEPENDENTLY OWNED AND OPERATED.