8706 Avalon, Los Angeles, California 90003, Los Angeles, 90003 - 8 bed, 4 bath
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8706 Avalon
Los Angeles, California 90003
ACTIVE
CONDITION: POOR
8Beds
4Baths
2,022Sq Ft
4,677Lot Size
Property Price
LIST PRICE$839,000
EST. MARKET VALUE
$715,842
17% AboveMARKET VALUE
SUMMARY
This 1947 quadruplex presents a High-Potential Investment Opportunity with a List Price of $839,000—positioned well above the $715,842 Fair Market Value by -17%. While the property requires capital expenditure due to its Condition Rating of 5, it offers immediate revenue through full occupancy and significant rental upside. The City Lights view and 4-unit configuration provide a stable foundation for long-term wealth. This asset is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to capitalize on high rental demand.
Estimated Market Value
$715,842
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8706 Avalon Subject 8 bd · 4 ba · 2,022 sqft · $354 | $839,000* List Price | 8 | 4 | 2,022 | $354 | - |
A 235 W 91st Street 2 Sold 0 bd · 0 ba · 1,816 sqft · $339 · 0.8 mi | $616,000 | 0 | 0 | 1,816 | $339 | 0.8 mi |
B 9223 S San Pedro Active 0 bd · 0 ba · 1,934 sqft · $305 · 0.6 mi | $589,000 List Price | 0 | 0 | 1,934 | $305 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1947 (77 years old) with no evidence of recent renovations to kitchens, baths, or major systems. The listing description explicitly mentions 'value-add potential' and 'major rental upside,' which are industry indicators for a property requiring significant rehabilitation. The exterior shows aging stucco, a worn flat roof, and unpaved lot areas, suggesting deferred maintenance consistent with a property over 30 years old needing a full rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Cash Flow & Rental Upside
The property is fully occupied, providing immediate revenue with significant potential to increase rents to market rates in a high-demand Los Angeles neighborhood.
- Versatile Investment Opportunity
As a quadruplex, this property offers the flexibility to live in one unit while renting the others or operate as a pure income-producing asset with a stable foundation.
- Negotiable Terms
The seller is explicitly motivated and encouraging all offers, providing a strategic opportunity for buyers to negotiate favorable pricing or closing conditions.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1947, the building may require capital expenditures for deferred maintenance or upgrades to its aging structural and mechanical systems.
- Limited Living Space
With only 2,022 total square feet for four units, the individual living spaces are relatively small, which may impact long-term tenant retention or premium rent potential.
About 8706 Avalon
Live in 1 unit and rent out the other 3 units. Los Angeles 4-Unit Investment- Property Income Producing with Major Rental Upside Generating reliable immediate revenue with all units currently rented, this property offers an investor a stable foundation with clear value-add potential. The building stays consistently occupied in a neighborhood continuously fueling rental demand. Capitalize on the strong LA demographics and build long-term wealth. Seller is motivated, submit all Offers!
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1947
- Lot Size
- 4,677 Sq. Ft.
Interior
- Total Bedrooms
- 8
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 8.0 | 4.5 |
| Baths | 4.0 | 2.9 |
| Square foot | 2,022 | 2,090.331 |
| Lot Size | 4,677 | 5,852.908 |
| Price | $839.0K | $830.9K |
| Price per sq ft | $415 | $394 |
| Built year | 1947 | 1928 |
| HOA | $0 | $0 |
| Days on market | 32 | 87 |
Pricing History
Listed for Sale
Oct 8, 2026
$839,000
Initial Listing
Sold
Mar 2, 2012
$255,000
Public Record
Sold
May 26, 2010
$225,000
Public Record
Sold
Dec 31, 2001
$100,000
Public Record