9809 Avalon Boulevard, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Value-Add Quadplex Asset is currently listed at $689,000, compared to a $440,083 Fair Market Value. As an REO property sold in As-Is Condition, it features a Condition Rating of 5 with significant deferred maintenance and no interior access. The property consists of four 1-bedroom units across two structures on a spacious 8,078 sq ft lot, including a 5-car garage. The buyer assumes responsibility for the LADWP Certificate of Compliance and occupant possession. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors focused on long-term forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9809 Avalon Boulevard Subject | $624,900* List Price | 0 | 0 | 2,605 | $247 | - |
A 146 E 89th Street Sold | $790,000 | 0 | 0 | 3,522 | $224 | 0.7 mi |
B 231 W 88th Street Sold | $480,000 | 0 | 0 | 1,907 | $252 | 1.0 mi |
C 231 W 88th Street Sold | $480,000 | 4 | 3 | 1,907 | $252 | 1.0 mi |
D 9618 S Figueroa Street Pending | $605,000 List Price | 0 | 0 | 2,520 | $240 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954, this REO property is sold as-is with no interior access permitted, indicating significant deferred maintenance and potential habitability issues. Exterior images show visible wear and peeling paint, and the requirement for the buyer to handle the Certificate of Compliance suggests existing code or system deficiencies.
REO. SOLD AS-IS!!! Great opportunity! This Quadplex has 1 Bedroom and 1 Bathroom in each unit! There are 2 separate structures, the rear structure has 2 of the units over the 5 car garage. The lot is very spacious with over 8,077 sq ft . The Seller does not represent or guarantee occupancy Status. There are NO VIEWINGS of this property. PLEASE DO NOT DISTURB the occupants. Buyer will be responsible for obtaining possession of the property upon closing. ALL offers MUST be submitted directly to the Seller including a Current Statement showing LIQUID CASH and any Documents attached in the MLS. Agents please include a current phone number and email address on the RPA for contact. Also attached is the Certificate of Compliance by LADWP, this must be completed by the new Buyer. Buyer to complete 9A. Also attached in the MLS is the Occupied Property Addendum. All offers must be submitted by the buyer’s agent using the online offer management system. Access the system via the link below. Offer link to property: http://www.spsreo.com/?c=DQ4B
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,605 | 1,907 | 66% |
| Lot Size | 8,078 | 5,185 | 93% |
| Price | $624.9K | $765.0K | 20% |
| Price per sq ft | $240 | $361 | 11% |
| Built year | 1954 | 1928 | 61% |
| HOA | $0 | $0 | 50% |
| Days on market | 62 | 203 | 5% |
Apr 15, 2026
$624,900
$689,000
-9% Price Drop
Initial Listing
Feb 19, 2026
$689,000
Initial Listing
Aug 28, 2020
$730,000
Public Record
Dec 27, 2013
$350,000
Public Record
Aug 18, 2004
$310,000
Public Record