7500 Avalon Los Angeles, CA 90003

Building Details

Year Built

1957

Listing Agency Keller Williams Coastal Properties i***@colombocre.com Show Phone

Listed by Alexandro Colombo · License #01927702 Show Phone

Source Elliman

Added: Apr 10 Checked: Jul 19 at 5:40 am

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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.

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FAQs

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 $1,075,000.

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.