7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
13
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$985,000
Est. payment /mo
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5,510 Sqft Lot
Price Dropped by $90K

7500 Avalon Los Angeles, CA 90003

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Darren Wade

Darren Wade

+1(559) 312-7467

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26068180

HOA Y/N No

Year Built 1957

Lot Size 5,510 Sqft

Property Sub-Type Mixed Use

Property Description

7500 Avalon Blvd is an 8-unit apartment property comprised entirely of 2-bedroom / 1-bath units, offered at $985,000, or $123,125 per unit and $216 per square foot. The property currently operates at a 5.33% cap rate and 9.57 GRM, with scheduled gross income of $102,885 and current NOI of $52,470.

The property offers immediate cash flow with a clean all-2-bedroom unit mix and substantial rental upside. Buyers benefit from an attractive entry basis while acquiring a straightforward value-add opportunity through unit turnover, strategic renovations, and improved management. This is a simple, efficiently operated 8-unit investment with strong in-place income and long-term appreciation potential.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry None

Exterior

Parking Features One Space

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Private

New Construction No

Others

Senior Community No

Tax ID 6023016006

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=ILXd7mnRYaQ

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Alexandro Colombo Keller Williams Coastal Prop. 310-978-7950, DRE #01927702

NEARBY SCHOOL & BUSINESS

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Darren Wade

Darren Wade

Broker Associate | License ID: 01910957

+1(559) 312-7467

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7500 Avalon