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Listed by Alexandro Colombo, DRE #01927702 • Keller Williams Coastal Prop.
$ 985,000
Est. payment | /mo
5,510 Sqft Lot
$ 985,000
Est. payment | /mo
5,510 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPW26068180
Year Built 1957
Lot Size 5,510 Sqft
Source California Regional MLS
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
Laundry None
Exterior
Parking Features Parking Area
Pool None
Building
Water Private
Others
Tax ID 6023016006
Special Listing Condition Not Applicable
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