8706 Avalon, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Quadruplex Residential Income Asset presents a High-Potential Investment Opportunity with a List Price of $890,000—positioned well above the $855,125 Fair Market Value by -4%. While the property requires significant capital expenditure due to its Fair Condition Rating, the four-unit configuration provides a versatile foundation for value-add strategies. Located in a high-density corridor with consistent rental demand, this property is an ideal acquisition for Buy-and-Hold Investors or Experienced Developers capable of executing a comprehensive renovation to modernize aging infrastructure and maximize long-term cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8706 Avalon Subject | $890,000* List Price | 0 | 0 | 2,022 | $423 | - |
A 127 E 95th Street Sold | $820,000 | 0 | 0 | 2,304 | $356 | 0.8 mi |
B 146 83rd Street Sold | $760,000 | 0 | 0 | 1,800 | $422 | 0.5 mi |
C 350 E 97th Sold | $770,000 | 0 | 0 | 1,888 | $408 | 0.8 mi |
D 352 E 84th Place Active | $799,000 List Price | 0 | 0 | 1,984 | $403 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (77 years old) with no evidence of recent renovations. The exterior shows significant stucco cracking, an aged flat roof with visible wear, and dated windows/security bars, indicating the property likely requires a full interior rehab and system updates.
As a quadruplex, this property offers a versatile investment opportunity that qualifies for residential financing while providing four separate income streams to maximize cash flow.
Priced at $890,000 for four units in Los Angeles, this asset represents a relatively low entry point for investors looking to acquire multi-family real estate in a high-demand region.
Situated in the Metropolitan South area of Los Angeles, the property is positioned in a high-density corridor with a consistent need for workforce housing, ensuring low vacancy rates.
Built in 1947, the property likely requires significant capital expenditures for updates to major systems such as plumbing, electrical, and roofing to meet modern building standards.
The current absence of interior photos and detailed descriptions suggests the property may be in a condition that requires substantial renovation or is being sold with deferred maintenance.
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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 2,022 | 2,250 |
| Lot Size | 4,677 | 5,864 |
| Price | $890.0K | $826.7K |
| Price per sq ft | $440 | $395 |
| Built year | 1947 | 1925 |
| HOA | $0 | $0 |
| Days on market | 11 | 83 |
Jul 11, 2026
$890,000
Initial Listing
Mar 2, 2012
$255,000
Public Record
May 26, 2010
$225,000
Public Record
Dec 31, 2001
$100,000
Public Record