7900 Avalon Blvd, Los Angeles, CA 90003

Property Description

Completely refurbished and ready for owner occupant which will provide better financing! Total of 4 units, Mixed Use Property. The 3 residential units are at 608 79th st with alley access. The top floor apt is available to see-a 3 bdrm with wood laminate floors, new stainless steel appliances in kit, washer/ dryer hookups, ceiling fans in almost every room! Bottom unit #2 and #3 are 1/1 also with newer appliances and granite counters and wood laminate floors. Unit #2 (currently rented) is a 1bd/1ba which rents for $1,295 plus $25 secure gated parking. The fourth unit is the front separate building- commercial space with 2 rooms, window a/c (no other unit has a/c), sink and half bath. The property is completely gated with a wrought iron fence with electronic entry. 6 parking spaces. Each of the res rentals have their own tankless water heater! Separate gas & electric meters. Since it's mixed use, check with lender to see about FHA financing if owner occupant uses the commercial space. Since three units are availble to see, an accurate analysis of expenses could not be provided. Pro forma rents obtained from section 8 website HACLA.org. Multiple offers being presented wed afternoon.