7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Alexandro Colombo, DRE #01927702 • Keller Williams Coastal Prop.
$985,000
Est. payment /mo
5,510 Sqft Lot
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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW26068180

Year Built 1957

Lot Size 5,510 Sqft

Source California Regional MLS

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

Laundry None

Exterior

Parking Features Parking Area

Pool None

Building

Water Private

Others

Tax ID 6023016006

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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7500 Avalon

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