5937 Avalon Blvd
Los Angeles, CA 90003

Bd   — Ba   28,648 Sqft
Great upleg opportunity. Diversify your portfolio with this well-maintained mixed-use building in southeast LA. The building was substantially renovated between 2004-2007. This mixed-use building offers a diverse array of income streams. The building consists of 22 residential units (9 one bedroom units & 13 singles) and 10 commercial units. The commercial units include: a market/store, juice store/restaurant, discount retail store, hair salon, apparel manufacturing, & multiple warehouses. There is on-site coin laundry, potentially rentable secure storage rooms, and one warehouse space not currently leased. The current Cap Rate is 7.4% (based on current property tax rate) and approximate GRM of 9.76, the Pro Forma Cap Rate is 7.23% (based on future property tax rate) and the Pro Forma GRM is 8.88. All units are leased except 1 commercial unit (small warehouse), which may or may not be leased prior to COE. Tenants pay their own utilities, except water and trash. Each unit is separately metered for gas and electric. Buyer is advised to independently verify all aspects of the property. Zoned LACM for commercial/ofc/residential mixed-use. Price per SF: $139.
  • Neighborhood: CANNDU
  • Days on Movoto: 11
  • Year Built: 1920
  • HOA:
  • $/Sqft: $139
  • Lot: 16,284 Sqft
  • Property Type: Single Family
  • MLS#: 316009767
  • MLS:
  • Listing Office: John Aaroe Group Inc
  • Listing Broker: James Tripodes
  • Movoto last checked CRMLS for new data 48 minutes ago
  • CRMLS last updated this listing 1 week ago

Home Features for 5937 Avalon Blvd , Los Angeles


Property History for 5937 Avalon Blvd, Los Angeles

Oct 17, 2016
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Real Estate Market Statistics of 5937 Avalon Boulevard , Los Angeles

Los Angeles, California

Total Inventory For Sale

3493 Homes

+2% m/m +232% y/y

Median List Price


0% m/m +73% y/y

Median Days On Market

48 Days

-2% m/m -9% y/y

Median House Size

1,850 Sqft

0% m/m +37% y/y

Median Price Per Square Foot

$472 /Sqft

0% m/m +30% y/y

Median Price

5937 Avalon Blvd in ZIP code 90003 is a single family home currently listed for $3,995,000. This is 927% above the median of $389,000 for 90003 and 400% above the median price of $799,000 for the city of Los Angeles, CA. As of today, , there are 133 properties listed for sale in the 90003 area and 3,493 properties listed for sale in Los Angeles. Of those 3,493 properties for sale, 2,843 are single family homes and 650 are condos. 5937 Avalon Blvd is approximately 28,648 Sqft, 1449% above the Los Angeles median of 1,850 and 1834% above the 90003 ZIP code median of 1,481. The price per Sqft is $139, which is 45% below the median price in 90003 of $251 and 71% below the Los Angeles median of $472 per Sqft.

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Built in 1920, this single family house at 5937 Avalon Blvd is approximately 28,648 square feet and does not come with a parking spot. It is listed on 10/17/2016 for $3,995,000 with a cost per Sqft of $139. 5937 Avalon Blvd is located in the CANNDU neighborhood in the Los Angeles Unified School District. The closest school is Los Angeles Academy Middle.

5937 Avalon Blvd has been on the market for 11 days. The median days on the market for properties in this area is 48 with a median list price of $799,000 and median cost per square foot of $472. It's currently listed as active under the MLS #316009767.

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