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    New Affordable Multifamily Building Title is generated by Realmo AI

    7410 Avalon Blvd, Los Angeles, CA 90003

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    For Sale
    $11,000,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    24,165 SF
    Lot size:
    0.26 Acres
    Price / SF:
    $455/SF
    Added:
    Jan 27, 2026
    Days on Market:
    109
    Last Refresh:
    May 16 at 12:06 am

    Property Features for 7410 Avalon Blvd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    LAC2
    Bedrooms
    44
    Bathrooms
    49
    Rooms
    Bedroom 31, Bathroom 28, Bathroom 18, Bathroom 24, Bedroom 21, Bathroom 40, Bedroom 28, Bathroom 7, Bedroom 14, Bathroom 43, Bathroom 22, Bathroom 9, Bedroom 36, Bedroom 30, Bathroom 26, Bedroom 40, Bedroom 8, Bathroom 41, Bedroom 22, Bathroom 13, Bedroom 34, Bedroom 24, Bathroom 21, Bathroom 6, Bathroom 29, Bedroom 18, Bedroom 29, Bathroom 49, Bathroom 3, Bedroom 5, Bathroom 11, Bathroom 42, Bedroom 2, Bathroom 30, Bedroom 12, Bathroom 1, Bedroom 44, Bedroom 27, Bathroom 48, Bedroom 4, Bedroom 33, Bathroom 46, Bedroom 38, Bathroom 8, Bathroom 16, Bedroom 39, Bathroom 35, Bedroom 19, Bathroom 25, Bathroom 31, Bathroom 5, Bedroom 6, Bathroom 45, Bathroom 39, Bathroom 23, Bathroom 37, Bathroom 2, Bathroom 19, Bedroom 41, Bathroom 44, Bathroom 47, Bedroom 17, Bedroom 10, Bedroom 37, Bathroom 38, Bedroom 16, Bathroom 34, Bathroom 17, Bedroom 3, Bathroom 12, Bedroom 23, Bathroom 15, Bathroom 4, Bedroom 1, Bedroom 9, Bathroom 10, Bathroom 14, Bedroom 20, Bedroom 32, Bedroom 26, Bedroom 42, Bedroom 35, Bathroom 33, Bedroom 13, Bedroom 43, Bedroom 7, Bathroom 36, Bathroom 20, Bathroom 27, Bedroom 25, Bedroom 11, Bathroom 32, Bedroom 15
    Standard status
    Active
    APN
    6023-009-028
    Size
    24,165 SF
    Lot size
    0.26 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2026
    Floors in Building
    4
    Number of units
    49

    We can help!

    Listing Contact
    Hooman Emanuel
    Hooman Emanuel

    Listing agent Hooman Emanuel License #01200237

    Listing office Keller Williams Studio City 12711 Ventura Blvd. Suite 110, Studio City, CA

    Listing date Jan 27, 2026

    MLS# 26644151 Listing URL

    Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • New Construction (2026) with Certificate of Occupancy.
    • Delivered Fully Vacant: Ideal for immediate occupancy or investment strategies.
    • 100% Affordable Housing Building: Appeals to specific investment portfolios.
    • Substantial property size with 49 Units.
    • Top‑of‑the‑line appliances and balconies in each unit.
    • Amenities include a large recreation room, laundry area, and bike storage.

    Overview

    This newly constructed 49-unit multifamily building, completed in 2026, is offered for sale. The building, with a total area of 24,165 square feet, is situated on a lot of approximately 0.2554 acres. The property is zoned LAC2. The building will be delivered fully vacant and features top-of-the-line appliances and balconies in each unit. Common amenities include a large recreation room, laundry facilities, and a bike area. The location offers convenient access to public transportation, restaurants, and shopping. The building is 100% affordable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.264837
    Latitude
    33.972463

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    FAQs

    What type of property is this?
    Apartment building - New 49-unit building near transportation, restaurants, and shopping.
    Where is this apartment building located?
    The property is located at 7410 Avalon Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $11,000,000.
    What are key features of this property?
    This property features: New Construction (2026) with Certificate of Occupancy.; Delivered Fully Vacant: Ideal for immediate occupancy or investment strategies.; 100% Affordable Housing Building: Appeals to specific investment portfolios.
    (818) 335-0923
    We can help!
    Listing Contact
    Hooman Emanuel
    Hooman Emanuel
    Real Estate License ID: 01200237
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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