Call your local brokerage at 844.662.5628
For Sale:$3,995,000
$14,138/mo
Monthly Payment:
$14,138
Principal & Interest:
$14,138
HOA Dues:
$0
(Based on a 30 year fixed loan at 3.38% with $799,000 down)
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5937 Avalon Boulevard


Los Angeles, CA 90003

Vernon-Main Los Angeles Unified School District
9bed 28,648sq ft $139 / sq ft MFR
Lot Size16,284sq ft Built1920 On site53days
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Great upleg opportunity. Diversify your portfolio with this well-maintained mixed-use building in southeast LA. The building was substantially renovated between 2004-2007. This mixed-use building offers a diverse array of income streams. The building consists of 22 residential units (9 one bedroom units & 13 singles) and 10 commercial units. The commercial units include: a market/store, juice store/restaurant, discount retail store, hair salon, apparel manufacturing, & multiple warehouses. There is on-site coin laundry, potentially rentable secure storage rooms, and one warehouse space not currently leased. The current Cap Rate is 7.4% (based on current property tax rate) and approximate GRM of 9.76, the Pro Forma Cap Rate is 7.23% (based on future property tax rate) and the Pro Forma GRM is 8.88. All units are leased except 1 commercial unit (small warehouse), which may or may not be leased prior to COE. Tenants pay their own utilities, except water and trash. Each unit is separately metered for gas and electric. Buyer is advised to independently verify all aspects of the property. Zoned LACM for commercial/ofc/residential mixed-use. Price per SF: $139.
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Last Checked For Updates: 28 minutes We update property info including price, photos, sale status and more as soon as it’s available. Here’s how we stay up-to-date. ago Status: Active Views: 24
MLS #316009767 , Listed on 10/17/16 by JAMES TRIPODES, License# 01455574, JOHN AAROE GROUP INC.
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MLS Listing Information for 5937 Avalon Boulevard

Exterior Features

Parking

  • Uncovered
  • Private

Stories Desc.

  • Two Levels

Lot Description

  • Corners Established
  • Fully Fenced
  • Lot Shape - Rectangular
  • Lot - Level/Flat
  • Sidewalks
  • Street Asphalt
  • Street Concrete
  • Street Public
  • Walk Street
  • Alley Access
  • Corner Lot
  • Zero Lot Line

Lot Size

  • 16,284 Sq. Ft.

Roof Type

  • Composition

# of Units

  • 5 or more

Utilities

Water

  • District/Public

Sewer

  • In
  • Connected & Paid

Condo Features

Building Description

  • High Ceilings (9 Feet+)

Additional Information

County

  • Los Angeles

Assessments

  • 0

Listing Broker

  • JOHN AAROE GROUP INC.

Amenities

  • 9 Foot Ceilings
  • High Ceilings (9 Feet+)
  • Storage Space

Land Lease Fee (Yearly)

  • 0

Listing Agent

  • JAMES TRIPODES
  • License# 01455574 (Lic. #01455574)

Cross Street

  • North Of Gage
  • South Of Slauson
  • East Of 110 Fwy.

Zoning

  • LACM

Originating MLS

  • ITECH

Price History for 5937 Avalon Boulevard

Date Event Price Source
10/17/16 New Listing $3,995,000 CARETS

Schools Information

From Public Records
School District: Score      
Los Angeles Unified School District
4.7
     

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Monthly Payment**:
Principal & Interest:
HOA Dues: $0
Loan Type Rate APR
30 yr fixed 3.38% 3.45%
15 yr fixed 2.75% 2.75%
5/1 ARM 2.63% 3.13%
Updated Mar 23, 2016   Disclosures

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5937 Avalon Boulevard, Los Angeles, CA 90003 is a 9 bedroom property for sale. This Los Angeles, CA Multi-Family home has a lot size of 16,284 Sq. Ft. and has been on ZipRealty.com for 53 days. 5937 Avalon Boulevard was built in 1920 and is currently listed for $3,995,000.

The 5937 Avalon Boulevard Los Angeles, CA 90003 listing is provided courtesy of JOHN AAROE GROUP INC.. Want to find more homes for sale near you? On ZipRealty.com, you can view all Los Angeles MLS listings, see property photos, find a real estate agent and more. We update our real estate listings every 2 minutes, so your MLS search results are current and complete.
Local real estate services provided by:
Coldwell Banker Residential Brokerage
Coldwell Banker Residential Brokerage
5161 California Ave, Ste 250
Irvine, CA 92617

844.662.5628
Website provided and owned by Coldwell Banker Residential Brokerage.
 
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5937 Avalon Boulevard Los Angeles, CA 90003 $3,995,000
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Based on information from CARETS as of Thursday, December 8, 2016 at 12:15 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX provided by ZapLabs.