$2,500,000
8717 Avalon, Los Angeles CA 90003
Multi-Family (10 Units)
Property type
123 days
On market
$438
Price per sqft
0 cars
Garage
1959
Year built
10,529 sqft
Lot size
Open Houses
Overview
Here we have a two story 10-plex apartment building. All units are two bedrooms with a full bath, kitchen, dining area and a living room. The building has recently been painted to match the neighboring 10-plex at 8711 which is also on the market. Rent rolls occupied are at 90% at 90% of the calendar year. As vacancies do come available, they are upgraded to include paint,...
Listing provided by: John Muller DRE #01301369, First Team Real Estate
Listing updated: Apr 30, 2026 at 03:08am.
Last checked: Jun 4, 2026 at 04:31pm
Source: CRMLS #PW26012675
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $1,456 | $17,472 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,157 | $14,032 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,090 | $13,085 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,157 | $14,032 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,208 | $14,501 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,717 | $20,604 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,533 | $18,400 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,062 | $12,744 | $2,625 | Unfurnished |
| 1 | 2 | 1 | — | $1,169 | $14,036 | $2,625 | Unfurnished |
# of Buildings: 1
# of Units Total: 10
Separate Electric Meters: 10
Separate Gas Meters: 10
Separate Water Meters: 0
Rent Control: Yes
Units Leased: 10
Total Actual Rent: $138,917
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
15.8x
List Price / Annual Gross Rent
Cap Rate
5.23%
NOI / List Price
Gross Scheduled Income: $157,824
Vacancy Allowance: $2,000
Operating Expense: $25,000
Net Operating Income: $130,824
Annual Operating Expenses
Insurance: $3,900
Professional Management: $0
Trash: $1,500
Water / Sewer: $1,500
Interior
Laundry: None
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre, Level, Rectangular Lot, Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Utilities: Electricity Connected, Natural Gas Connected, Water Connected
Garage and Parking
Parking: Asphalt
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 6041019023
Additional Parcels: No
Tax Lot: 4
Tax Block: 4
Community
Senior Community: No
Community Features: Storm Drains, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 8717 Avalon, Los Angeles, CA 90003. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,000,000
Total Interest
$2,550,890
Total Payment
$4,550,890
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$15,396
per month
Property History for 8717 Avalon
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90003.
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