Duplex with Gated
New
For Sale
$899,000
9212 Avalon BLVD, Los Angeles, CA 90003
Two three-bedroom residences include updated finishes, laundry hookups, and separately metered utilities.
Property Size2,622 SF
Lot Size0.07 Acres
Price / SF$342.87
Days on Market5
Property Features for 9212 Avalon BLVD
General Information
Standard status
Active
Size
2,622 SF
Lot size
0.07 Acres
Property subtype
Multi Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Additional Details
Public Transit
Yes
Amenities
laundry hookups
gated parking
Building Details
Year Built
2006
Buildings
1
Listing Agency:
Nanda Realty Inc.
(562) 405-4854
Listed By:
Vibhor Vineet · License #02098451
(562) 405-4854
Source:
Exitrealty
Added: Aug 19
Changed: Aug 22
Last Checked: Aug 22 at 4:04AM
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 Nanda Realty Inc.
Investment Insights
Based on property information with market context.
Built in 2006, this duplex contains approximately 2,622 square feet of living space on a 3,000-square-foot lot. Each residence has three bedrooms and two bathrooms, with tile and laminate flooring, granite countertops in the kitchens and bathrooms, and laundry hookups. The upper unit has undergone a recent renovation, and one unit will be delivered vacant.
Separate electric, gas, and water meters support independent utility management, with no landlord-paid utilities identified. A gated parking area at the rear accommodates multiple vehicles. The property is located at 9212 Avalon BLVD in Los Angeles, near shopping, schools, public transportation, and dining, with access to LAX Airport, downtown Los Angeles, and SoFi Stadium.
Separate electric, gas, and water meters support independent utility management, with no landlord-paid utilities identified. A gated parking area at the rear accommodates multiple vehicles. The property is located at 9212 Avalon BLVD in Los Angeles, near shopping, schools, public transportation, and dining, with access to LAX Airport, downtown Los Angeles, and SoFi Stadium.
Key Highlights
- Approximately 2,622 square feet of living space on a 3,000‑square‑foot lot
- Two units, each with 3 bedrooms and 2 bathrooms
- Built in 2006; upper unit recently renovated
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,357
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,187,140
$1.2M
Cap Rate 7%
$847,957
$848.0K
Cap Rate 9%
$659,522
$659.5K
Market Conditions
NOI Build-Up for 2,622 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$86.5K $33.00/SF
− Vacancy
−$1.7K −$0.66/SF
EGI
$84.8K $32.34/SF
− OpEx
−$25.4K −$9.70/SF
NOI
$59.4K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,187,140
Cap Rate 7%
$847,957
Cap Rate 9%
$659,522
Alternative Uses
Best Use
Apartment 5plus
$46.36M
$40.56M – $54.08M
NOI $3,244,867 @ 7.0% cap · market cap 360.94%
Second Best
Multifamily LT 5
$848.0K
$742.0K – $989.3K
NOI $59,357 @ 7.0% cap · market cap 6.60%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,070
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?
Duplex - Two three-bedroom residences include updated finishes, laundry hookups, and separately metered utilities.
Where is this duplex located?
The property is located at 9212 Avalon BLVD Los Angeles, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Approximately 2,622 square feet of living space on a 3,000‑square‑foot lot; Two units, each with 3 bedrooms and 2 bathrooms; Built in 2006; upper unit recently renovated
