Properties
Los Angeles, CA 90003 7500 Avalon
$1,075,000
8 more
Presented By: Alex Colombo with Keller Williams Coastal Prop.; 310-978-7950
Baths • 1
SQFT • 4,560
Home Details
Value-add 8-unit multifamily investment opportunity in South Los Angeles. The property consists of one two-story building with eight 2-bedroom / 1-bath units, offering a clean and highly rentable unit mix. Built in 1957, the asset features approximately 4,560 rentable square feet on a 5,510 square foot lot with on-site parking.
The property delivers strong in-place income with current operations at a 5.23% cap rate and 10.45 GRM, while providing clear upside through renovation, improved management, and rental increases toward market levels. All units are separately metered for gas and electricity with one master water meter, allowing for efficient expense control.
This is a straightforward, low-basis acquisition with day-one cash flow and significant long-term value-add potential in a dense rental submarket.
Presented By: Alex Colombo with Keller Williams Coastal Prop.; 310-978-7950
Interior Features for 7500 Avalon
Other Interior Features
Common WallsNo Common Walls
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 7500 Avalon
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityLos Angeles
Community FeaturesStorm Drain(s), Street Lights, Sidewalks, Urban
CountyLos Angeles
DirectionsAvalon Blvd and W 75th Street
Electric Expense
Entry Location1
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income102885
Insurance Expense5472
Land Lease Y/NNo
Listing TermsConventional
Lot Size Square Feet5510
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
Net Operating Income56201
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Operating Expense43597
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NNo
Property Sub Type AdditionalMixed Use
Property SubtypeMixed Use
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot132
Taxes$13,953
Total Actual Rent8574
Trash Expense5400
Virtual TourClick here
Water Sewer Expense14400
Year Built1957
Year Built SourceOther
Exterior for 7500 Avalon
Building Area Total4560
Lot Features6-10 Units/Acre
Lot Size Acres0.1265
Lot Size Area5510
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters8
Number of Separate Gas Meters8
Number of Separate Water Meters1
Parking FeaturesOne Space
Private PoolNo
Total Parking0
Water SourcePrivate
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
