9601 Avalon, Los Angeles, California 90003, Los Angeles, 90003 - 6 bed, 2 bath
ACTIVE$705,000$1,536/sqft
9601 Avalon, Los Angeles, California 90003
6Beds
2Baths
1,536Sqft
4,050Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Asset: As a duplex with two separate units and private entrances, this property is explicitly designed for generating steady rental income, appealing strongly to investors or owner-occupants looking to offset housing costs.
Top Cons:
Lack of Desirable Views: The property explicitly states 'view: None,' which can be a significant drawback in the Los Angeles market where properties with desirable views often command a premium.
Compared to the nearby listings
Price:$705.0K vs avg $725.0K ($-20,000)44%
Size:1,536 sqft vs avg 1,680 sqft36%
Price/sqft:$459 vs avg $38876%
More Insights
Built in 1986 (40 years old).
Condition: Built in 1986, this property is 38 years old and shows clear signs of its age. The exterior features dated security doors, railings, and windows. Visible cracks in the concrete stairs indicate deferred maintenance and a need for repairs. While functional as an income property, it requires substantial cosmetic updates and likely system/appliance upgrades to meet modern standards, aligning with the 'Fair' category's description of being aged but maintained, with major components showing signs of being outdated and requiring minor updates or repairs.
Year Built
1986
Close
-
List price
$705K
Original List price
$705K
Price/Sqft
$459
HOA
-
Days on market
-
Sold On
-
MLS number
IG25282198
Home ConditionFair
Features
View-
About this home
duplex offering two separate units with private entrances. Ideal for owner occupants or investors seeking steady rental income. Conveniently located near major freeways, shopping, schools, and public transportation. Strong opportunity in a central South Los Angeles location.
A
Alison Littlejohn
Listing Agent
Price History
Date
Event
Price
01/04/06
Sold
$450,000
12/23/04
Sold
$365,000
12/19/03
Sold
$289,000
02/26/02
Sold
$210,000
11/29/01
Sold
$130,000
Condition Rating
Fair
Built in 1986, this property is 38 years old and shows clear signs of its age. The exterior features dated security doors, railings, and windows. Visible cracks in the concrete stairs indicate deferred maintenance and a need for repairs. While functional as an income property, it requires substantial cosmetic updates and likely system/appliance upgrades to meet modern standards, aligning with the 'Fair' category's description of being aged but maintained, with major components showing signs of being outdated and requiring minor updates or repairs.
Pros & Cons
Pros
Income-Generating Asset: As a duplex with two separate units and private entrances, this property is explicitly designed for generating steady rental income, appealing strongly to investors or owner-occupants looking to offset housing costs.
Strategic Location & Accessibility: Conveniently located in central South Los Angeles, with easy access to major freeways, shopping, schools, and public transportation, enhancing its appeal to potential tenants and owners.
Versatile Ownership Opportunity: The property's configuration and description highlight its suitability for both owner-occupants seeking rental income to subsidize their mortgage and investors focused purely on rental returns.
Historical Appreciation: The sales history indicates significant value growth over the past two decades, suggesting a robust market and potential for continued appreciation in this Los Angeles submarket.
Functional Layout for Tenants: The provision of two separate units, each with private entrances, offers enhanced privacy and independent living, which is highly desirable for tenants and contributes to easier rental and retention.
Cons
Lack of Desirable Views: The property explicitly states 'view: None,' which can be a significant drawback in the Los Angeles market where properties with desirable views often command a premium.
Potential for Age-Related Updates: Built in 1986, the property is nearly 40 years old, suggesting that systems, finishes, and appliances may require updates or renovations to meet modern standards and tenant expectations.
Limited Bathroom-to-Bedroom Ratio: With 6 bedrooms and only 2 bathrooms (likely one per unit), the bathroom count is on the lower side, which could be a minor inconvenience for larger families or multiple tenants per unit, potentially impacting desirability.