Los Angeles, CA
$985,000
7500 Avalon, Los Angeles, CA
1957
Built
91
Days listed
About this home
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.
Facts & features
Interior
- Laundry
- None
Exterior & lot
- Lot size
- 0.127 acres (5,510 sq ft)
- Pool
- None
- Year built
- 1957
- Parking
- One Space
Community
- Area
- C 36 - Metropolitan Southwest
- County
- Los Angeles
- Community features
- Storm Drains, Street Lights, Sidewalks, Urban
Listing details
- Status
- Active
- Property type
- Mixed Use
- Days on market
- 91
- Listed
- 2026-03-26
- Original price
- $1,075,000
- Terms
- Conventional
- Parcel #
- 6023016006
- MLS #
- PW26068180
Listed by
Alexandro Colombo · Keller Williams Coastal Prop.
