South Los Angeles Multifamily
For Sale
$985,000
7500 Avalon, Los Angeles, CA 90003
Value-add 8-unit property with income and upside potential.
Property Size4,560 SF
Lot Size0.13 Acres
Price / SF$216.01
Days on Market126
Property Features for 7500 Avalon
General Information
Standard status
Active
Size
4,560 SF
Lot size
0.13 Acres
Property subtype
Investment
Building Details
Building Size
4,560 SF
Year Built
1957
Units
8
Listing Agency:
Keller Williams Coastal Properties
(310) 978-7950
Listed By:
Alexandro Colombo · License #01927702
(310) 978-7950
Source:
Elliman
Added: Apr 10
Changed: Aug 8
Last Checked: Aug 12 at 8:23AM
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 Properties
Investment Insights
Based on property information with market context.
This is an 8-unit multifamily property located in South Los Angeles. Constructed in 1957, the two-story building features approximately 4,560 rentable square feet on a 5,510 square foot lot. The unit mix consists of eight 2-bedroom / 1-bath units. On-site parking is available. The property currently operates at a 5.23% cap rate and a 10.45 GRM. All units are separately metered for gas and electricity, with one master water meter. The property offers potential for renovation, improved management, and rental increases. The location has a bike score of 66, indicating it is bikeable, a walk score of 66, indicating it is somewhat walkable, and a transit score of 62, indicating good transit.
Key Highlights
- Value‑add opportunity with significant upside through renovation and rental increases.
- Strong in‑place income with a 5.23% cap rate and 10.45 GRM.
- Eight 2‑bedroom / 1‑bath units, a highly rentable unit mix.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,120
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 - Value-add 8-unit property with income and upside potential.
Where is this apartment building located?
The property is located at 7500 Avalon 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: Value‑add opportunity with significant upside through renovation and rental increases.; Strong in‑place income with a 5.23% cap rate and 10.45 GRM.; Eight 2‑bedroom / 1‑bath units, a highly rentable unit mix.
