Apartment Building with
7410 S Avalon Blvd, Los Angeles, CA 90003
For Sale
$9,800,000
The property combines private balconies, high ceilings, appliances, on-site laundry, and bicycle storage.
Property Size24,165 SF
Days on Market93
Property Features for 7410 S Avalon Blvd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Amenities
high-ceiling units
private balconies
name-brand appliances
on-site laundry
bicycle storage
New Construction
100% Affordable Project
Reliable, name-brand appliances
Laundry Room Onsite
Building Details
Building Size
Year Built
Units
Listing Agency:
Marcus & Millichap
Listed By:
Jon Emrani
(310) 909-5478
Source:
Marcusmillichap
Added: Aug 15
Changed: Nov 13
Last Checked: Nov 14 at 2:04AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located at 7410 S Avalon Blvd in Los Angeles, this apartment development was completed in 2026 and provides 100% affordable housing. The building includes units with high ceilings and private balconies, along with appliances and shared on-site laundry facilities.
Bicycle storage is also provided. The property offers access to public transportation, restaurants, and shopping, adding practical convenience for residents.
Bicycle storage is also provided. The property offers access to public transportation, restaurants, and shopping, adding practical convenience for residents.
Key Highlights
- Completed in 2026
- 100% affordable housing
- Units feature high ceilings and private balconies
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$388,834
Cap Rate
3.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,776,680
$7.8M
Cap Rate 7%
$5,554,771
$5.6M
Cap Rate 9%
$4,320,378
$4.3M
Market Conditions
NOI Build-Up for 24,165 SF
Gross rent
$768.4K $31.80/SF
− Vacancy
−$61.5K −$2.54/SF
EGI
$707.0K $29.26/SF
− OpEx
−$318.1K −$13.17/SF
NOI
$388.8K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,776,680
Cap Rate 7%
$5,554,771
Cap Rate 9%
$4,320,378
Alternative Uses
Best Use
Apartment 5plus
$5.55M
$4.86M – $6.48M
NOI $388,834 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$9.85M
$8.61M – $11.49M
NOI $689,197 @ 7.0% cap · market cap 7.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,344
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines private balconies, high ceilings, appliances, on-site laundry, and bicycle storage.
Where is this apartment building located?
The property is located at 7410 S Avalon Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,800,000.
What are key features of this property?
This property features: Completed in 2026; 100% affordable housing; Units feature high ceilings and private balconies
