Property Detail

7500 Avalon

Los Angeles CA 90003

$985,000

Status: Active

Property Details

Description

7500 Avalon Blvd is an 8-unit apartment property comprised entirely of 2-bedroom / 1-bath units, offered at $985,000, or $123,125 per unit and $216 per square foot. The property currently operates at a 5.33% cap rate and 9.57 GRM, with scheduled gross income of $102,885 and current NOI of $52,470. The property offers immediate cash flow with a clean all-2-bedroom unit mix and substantial rental upside. Buyers benefit from an attractive entry basis while acquiring a straightforward value-add opportunity through unit turnover, strategic renovations, and improved management. This is a simple, efficiently operated 8-unit investment with strong in-place income and long-term appreciation potential.

Map Location

Listing provided courtesy of Alexandro Colombo of Keller Williams Coastal Prop.. Last updated 2026-08-22 08:10:58.000000. Listing information © 2026 CRMLS.

John Collins

John Collins

DRE# 01948188
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