Available again, with a giant price correction! Sellers are highly motivated to meet market.
Located just a block from the gentrifying intersection of Imperial and Avalon – the 16-units available at 11010 & 11016 Avalon Blvd offers the right buyer a sought-after unit mix of all 2-bedroom units and an over 50% upside in rents. With buildings split between 2 parcels, this heavy value-add investment helps keep expenses to a minimum removing the need for an onsite manager.
The combination of convenience and seclusion; the property is surrounded by single family homes and small multi-family buildings and consists of ~9,300 SF of livable space on ~12,000SF of land. The buildings share parking, and are individually metered for both gas and power with low-sloping roof on both structures. In addition to their close proximity to schools, employment and enjoyment, the tenants enjoy on-site amenities including a private entrance, off-street parking, and gated entry.
9,328 Sq Ft
0.2757 Private Acres Exterior Space
Apartment
Built in 1956
MLS/Listing ID PW23038837
2 Stories
16 Units
Listing Courtesy of KELLER WILLIAMS COASTAL PROP., STELIOS ZOUMBERAKIS
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE