Investors' Special!! 4-unit multi-family investment property located in the heart of Los Angeles close to downtown, a mile to the Green Meadows Recreation Center and only 5 miles from SoFi Stadium & the University of Southern California. Making it a perfect central location for your future prospective tenants! All units are 1+1 and each unit has its' own kitchen. There's assigned parking spaces for all 4 units. Conveniently located to schools, shopping & eateries. Transportation and the bus lines are within commuting distance. Please do not disturb the tenants. With a little TLC, it will only increase the value! Hurry, this won't last long!
Property Details
Property Features
Property Information:
Year Built: 1947
Stories: 2
Living Area: 2,240 SqFt
Listing Office:
Office Name: Sotheby's International Realty
Office Phone: (323) 665-1700
Listing Agent: Natalie Gonzalez
Interior Features
Bedroom and Bathroom Information:
Total Bedroom Count: 4
Exterior Features
Exterior Information:
Private Pool: No
Parking Information:
Parking: Assigned
Lot Features
Lot Information:
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Wall Furnace
Cooling: None
School Info
Assigned Schools Information:
John C. Fremont Senior High School, Public Magnet Grades 9-12
Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
Charles Drew Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
McKinley Avenue Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Point Fermin Elementary School, Public Magnet Grades KG-5
Other
Directions Information:
Directions: Please use global positioning systems
Price Information
Listing Price Info
Price Summary:
List Price: $688,000
Price Per SqFt: $307/SqFt
Tax Information:
Annual Amount: $4,216
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $287.9K less than the Median Sold Price and $321/SqFt less than other homes in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24361463
Listing Office:
Office Name: Sotheby's International Realty
Office Phone: (323) 665-1700
Listing Agent: Natalie Gonzalez
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 4/27/2024, 12:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 16, 1999
Sep 16, 1999Home Sold
$115,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,216
$321,409
2020
$4,097
$317,818
2019
$4,016
$311,587
2018
$3,933
$305,479
2017
$3,933
$299,490
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$3,501
Per Month
Principal & Interest
$3,434
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,129
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
McKinley Avenue Elementary School
7812 Mckinley Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.28 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school17.59 miles
Public Magnet Grades KG-5
Middle School
2
/10
Charles Drew Middle School
8511 Compton Ave
Distance between this listing and this school1.08 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school9.58 miles
Public District Grades 6-8
High School
2
/10
John C. Fremont Senior High School
7676 S San Pedro St
Distance between this listing and this school0.28 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.69 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school20.55 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
McKinley Avenue Elementary School
7812 Mckinley Ave
Distance between this listing and this school0.25 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school9.28 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school17.59 miles
Public Magnet Grades KG-5
Assigned Schools
2
/10
Charles Drew Middle School
8511 Compton Ave
Distance between this listing and this school1.08 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school9.58 miles
Public District Grades 6-8
Nearby Schools
3
/10
Kipp Philosophers Academy
8300 S Central Ave
Distance between this listing and this school0.59 miles
Public Charter Grades 5-8
Assigned Schools
2
/10
John C. Fremont Senior High School
7676 S San Pedro St
Distance between this listing and this school0.28 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.69 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school20.55 miles
The neighbors living near this home have an average income of $33,472. Residents of Los Angeles, CA typically earn less than $35k each year. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7818 Avalon Blvd
What is the listing price of this property?
The listing price of 7818 Avalon Blvd property is $688,000.
What type of property is this?
The property 7818 Avalon Blvd is a house located in Los Angeles, California, 90003.
Is this property for sale now?
Active Listing: 7818 Avalon Blvd is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 7818 Avalon Blvd are: McKinley Avenue Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Charles Drew Middle School: GreatSchools Rating 2/10Studio: GreatSchools Rating 4/10John C. Fremont Senior High School: GreatSchools Rating 2/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,216 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 16, 1999 for $115,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 7818 Avalon Blvd has 4 bedrooms and 4 bathrooms.
What is the square footage of this property?
The property 7818 Avalon Blvd is 2,240 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 7818 Avalon Blvd is 1947.
This home is located at 7818 Avalon Blvd in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 2,240 square foot home, which was built in 1947, sits on a 0.09 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 25, 2024 and is currently priced at $688,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.
From Rocket Homes Real Estate and based on county public records data.