8-Unit Apartment
For Sale
$985,000
7500 Avalon Blvd, Los Angeles, CA 90003
Eight all–two-bedroom, one-bath units in a single multifamily building for sale at 7500 S Avalon Blvd.
Property SizeContact for details
Days on Market148
Property Features for 7500 Avalon Blvd
General Information
Standard status
Active
Property subtype
Residential Income
Financials
Cap Rate
5.23%
Business Included
Yes
Additional Details
Multifamily Units
8
Building Details
Tenancy
Multi
Listing Agency:
Keller Williams Coastal Prop.
(310) 978-7950
Listed By:
Alexandro Colombo · License #01927702
(310) 978-7950
Source:
Exprealty
Added: Mar 31
Changed: Aug 24
Last Checked: Aug 20 at 10:18PM
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 Keller Williams Coastal Prop.
Investment Insights
Based on property information with market context.
7500 S Avalon Blvd is an 8-unit apartment building comprised entirely of 2-bedroom, 1-bath units. The property totals 4,560 square feet and is offered for $1,075,000. Current financials include scheduled gross income of $102,885 and current NOI of $56,201, with a reported 5.23% cap rate and 10.45 GRM.
The existing unit mix is clean and consistent, with all units positioned as two-bedroom residences. The rent structure is described as leaving room to move, with stated operational upside tied to additional income through unit turns, renovation on release, and stronger management.
For buyers seeking a straightforward, in-place multifamily acquisition, this is a single-building 8-unit opportunity featuring a uniform all-2-bedroom configuration and current cash flow based on the provided income and NOI figures.
The existing unit mix is clean and consistent, with all units positioned as two-bedroom residences. The rent structure is described as leaving room to move, with stated operational upside tied to additional income through unit turns, renovation on release, and stronger management.
For buyers seeking a straightforward, in-place multifamily acquisition, this is a single-building 8-unit opportunity featuring a uniform all-2-bedroom configuration and current cash flow based on the provided income and NOI figures.
Key Highlights
- 8‑unit apartment building built in 1957, located at 7500 S Avalon Blvd
- All units are 2‑bedroom, 1‑bath (8 total) in a single multifamily building
- Current operating metrics include 5.23% cap rate and 10.45 GRM
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight all–two-bedroom, one-bath units in a single multifamily building for sale at 7500 S Avalon Blvd.
Where is this apartment building located?
The property is located at 7500 Avalon Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $985,000.
What are key features of this property?
This property features: 8‑unit apartment building built in 1957, located at 7500 S Avalon Blvd; All units are 2‑bedroom, 1‑bath (8 total) in a single multifamily building; Current operating metrics include 5.23% cap rate and 10.45 GRM
