11863 S Avalon Boulevard, Los Angeles, California 90061, Los Angeles, 90061 - 3 bed, 2 bath
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Los Angeles, California 90061
This Renovated Multi-Unit Residence is a Strong Value Opportunity, listed at $849,000—positioned well below the $923,004 Fair Market Value by 8%. This valuation gap provides $74,004 in Instant Equity. Boasting an Excellent Condition Rating, the property features a modern 3-bedroom main home plus two additional units—a 1-bedroom and a studio—ideal for rental income. With a newly updated kitchen, open-concept layout, and private patio, it offers a turnkey lifestyle in the Los Angeles Unified district. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 11863 S Avalon Boulevard Subject | $849,000* List Price | 3 | 2 | 1,902 | $485 | - |
A 160 W 121st St Sold | $775,000 | 3 | 2 | 1,364 | $568 | 0.6 mi |
B 151 121 St Place Sold | $760,000 | 2 | 2 | 1,366 | $556 | 0.6 mi |
C 237 W 118th Place Sold | $710,000 | 5 | 3 | 1,350 | $526 | 0.7 mi |
D 445 E 119th Active | $674,900 List Price | 3 | 2 | 1,200 | $562 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it to a virtually new condition. The kitchen features modern cabinetry, stone countertops, a black subway tile backsplash, and high-end stainless steel appliances. Bathrooms are fully updated with contemporary vanities, stylish tile surrounds, and modern black fixtures. Throughout the home, there is new wide-plank flooring, recessed lighting, and fresh paint. The inclusion of updated mini-split HVAC systems and the high-quality finish of the additional units further justify the excellent rating.
The property includes two additional on-site units—a one-bedroom and a studio—providing exceptional opportunities for rental income or multi-generational living.
The main residence has been newly updated with an open-concept layout and stylish finishes, offering a move-in-ready experience with contemporary appeal.
With a spacious 3-bedroom main home and separate auxiliary units, the layout offers rare flexibility for a private home office, guest quarters, or creative workspace.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
Situated on Avalon Boulevard, a major thoroughfare, the property may experience higher noise levels and traffic volume compared to quieter residential side streets.
Originally built in 1931, the property may have aging underlying systems that could require more frequent maintenance or future upgrades despite the recent cosmetic renovations.
Newly renovated and filled with natural light, this beautifully updated property offers the perfect blend of modern comfort and versatile living. The main home features 3 spacious bedrooms and 2 stylish bathrooms, designed with an open-concept layout that creates a bright and airy atmosphere ideal for both everyday living and entertaining. The generous living, dining, and kitchen areas flow seamlessly, enhancing the home’s sense of space and functionality. In addition to the main residence, the property includes two separate on-site units—one 1-bedroom, 1-bathroom unit and a studio with their own bathrooms—providing excellent opportunities for rental income, extended living, or a private workspace. Located in the desirable 90061 zip code, this property offers a unique combination of modern upgrades, ample space, and income potential. A must-see for homeowners and investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,902 | 1,177.5 | 93% |
| Lot Size | 5,543 | 5,683 | 43% |
| Price | $849.0K | $657.0K | 93% |
| Price per sq ft | $446 | $561 | 32% |
| Built year | 1931 | 1948 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 169 | 4% |
Apr 17, 2026
$849,000
Initial Listing