Edmond Khudyan
This listing was posted on RealtyWW.
$2,865,000
Home For Sale In Los Angeles, California
Price:
$2,865,000
BR/BA:
10+ BR, 10+ BA
Location:
4214 Avalon Blvd, Los Angeles, CA
Description:
AS OF 5/8/24 SELLER IS UNDER CONTRACT AT LIST PRICE BUT CAN ENTERTAIN ANOTHER OFFER AND CANCEL CURRENT ESCROW. SELLER IS LOOKING FOR AN OFFER WITH NO 1031 CONTINGENCY 10 UNIT BUILT 1995. ACROSS FROM KEDREN COMMUNITY AND HEALTH CARE CLINC. THE AREA HAS IMPROVED SUBSTANTIALLY AND CONTINUING TO IMPROVE YEAR BY YEAR. LARGE UNITS WITH 18 TANDEM PARKING. 3 UNITS ARE 15% BELOW MARKET RENTS. RARE VACANCIES. CAPITAL IMPROVEMENTS IN 2023. CURRENTLY 5.92 CAP and 6.58 CAP AS OF OCT 1, 2024 RENT INCREASE. SEE ATTACHED SAPPLEMENTS. $286K PER UNIT and $294 PSF, BELOW REPLACEMENT COST. IN 2019, THE PROPERTY WAS APPRAISED BY IN 2019 BY MALAGA BANK@$2.8M WHEN GROSS RENT WAS $208K. PLEASE DO NOT DISTURB THE TENANTS. LISTING AGENT IS THE OWNER. LAUNDRY ROOM HAS W/D HOOK UP READY FOR NEW LAUNDRY MACHINES. RENTS WILL INCREASE BY $1, 624 ($19, 488 ANNUALLY) EFFECTIVE OCT 1, 2024.For more details: https://realtyww.info/homes_los-angeles-d523223/for-sale_i71847406
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More About this Listing: Home For Sale In Los Angeles, California
Home For Sale In Los Angeles, California is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 4214 Avalon Blvd in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4214 Avalon Blvd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.
Home For Sale In Los Angeles, California is a 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale at 4214 Avalon Blvd in Los Angeles CA. Find other listings like Home For Sale In Los Angeles, California and listings near 4214 Avalon Blvd by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 12 Bathroom Single-Family Homes for Sale in Los Angeles CA.