7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$985,000
Est. payment /mo
5,510 Sqft Lot
Save Virtual Tour

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26068180

HOA Y/N No

Year Built 1957

Lot Size 5,510 Sqft

Property Sub-Type Mixed Use

Property 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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry None

Exterior

Parking Features One Space

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Private

New Construction No

Others

Senior Community No

Tax ID 6023016006

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=ILXd7mnRYaQ

Read Less Info
CRMLS Full IDX Feed (MAIN Website Search)
Listed by Alexandro Colombo Keller Williams Coastal Prop. 310-978-7950, DRE #01927702

NEARBY SCHOOL & BUSINESS

MORTGAGE CALCULATOR

Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
$
$
%
%
Advanced
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Serving Southern California

Customized quick search tools to explore nearby zip codes, cities, and neighborhoods in your favorite destinations

There are 30 quick searches
 
Serving Arizona
Custom Quick Search Tools To Explore Nearby Zip Codes, Cities & Neighborhoods In Your Preferred Destinations
More