8717 Avalon Los Angeles, CA $ 2,500,000
8717 Avalon
$ 2,500,000
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8717 Avalon

Los Angeles, CA, 90003
$ 2,500,000
Baths1.0 Sq 5,704

Monthly Estimate*

$ 15,393

Listed by First Team Real Estate
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,500,000 with 1 full bath. This 5,704 square foot home was built in 1959 on a lot size of 0.2417.

Here we have a two story 10-plex apartment building. All units are two bedrooms with a full bath, kitchen, dining area and a living room. The building has recently been painted to match the neighboring 10-plex at 8711 which is also on the market. Rent rolls occupied are at 90% at 90% of the calendar year. As vacancies do come available, they are upgraded to include paint, carpet, flooring, kitchens and bathrooms as needed. This building is supported by a 500-gallon hot water system for the comfort and care of the tenants. The roof was recently serviced for prevented maintenance and verified for continued problem free use. The parking lot has restriped with one space per apartment with addition spaces in the lot. The structure insurance was recently renewed. The parking area is gated and has exterior lighting for the safety of the tenants and their families. The property is within walking distance of transportation stops, shopping and restaurants. It is also close to freeway transportation routes and their accesses ramps.

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Multi-Family Active

Price

$ 2,500,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.2417

Year Built

1959

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW26012675

Days on Market

19

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Water Connected
Appliances Dryer
Garage Spaces 0
Pool Features None
Year Built 1959
Tenant Pays Cable TV Electricity Gas
Property Subtype Apartment
Gross Income 138917
Community Features Storm Drain(s) Street Lights Sidewalks
County Los Angeles
Net Operating Income 130824
Operating Expense 25000
Insurance Expense 3900
New Construction false
Property Type Residential Income
Garage Y/N false
Special Listing Conditions Standard Trust
Status Active
Directions Manchester to Avalon turn south and property on the right side.
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 10
MLS Area C34 - Los Angeles Southwest
Lot Size Units Square Feet
Lot Size Square Feet 10529
Number of Units Leased 10
Listing Terms Cash Cash to New Loan
Property Attached Y/N true
Land Lease Y/N false
Trash Expense 1500
Water Sewer Expense 1500
Additional Parcels Y/N false
Rent Control Y/N true
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4
Total Actual Rent 138917
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Asphalt
Lot Features 0-1 Unit/Acre Level Rectangular Lot Street Level
Water Source Public
Total Parking 0
Lot Size Area 10529
Number of Buildings 1
Building Area Total 5704
Lot Size Acres 0.2417
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 0
Number of Separate Gas Meters 10
Number of Separate Electric Meters 10
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* Excluded Features
List By
First Team Real Estate

Broker

JOHNMULLER@FIRSTTEAM.COM

Email

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$15,393
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$15,393
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/2/2026$2,500,000 Listed Price

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8717 Avalon, Los Angeles, CA, 90003 is a Multi-Family Home for sale at $2,500,000 with 5,704 sqft and a lot size of 0.2417. 8717 Avalon is a studio with 1.0 baths and was built in 1959. The property's zip code is 90003 which is in Los Angeles, CA