7500 Avalon Blvd - Apartments FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$985,000 USD
310-978-7950
7500 Avalon Blvd, Los Angeles, CA for Sale
$985,000 USD
Apartments - FOR SALE
1/9
null | 5.71% Cap Rate

7500 Avalon Blvd
Los Angeles, CA 90003
Canndu/Avalon Gardens


HIGHLIGHTS

  • New Price: $985,000 | $123,125 Per Unit
  • 5.33% Current Cap Rate | 9.57 GRM
  • 100% Two-Bedroom Unit Mix
  • Real In-Place Income with Upside Through Turnover
  • LAC2 Zoning with Long-Term Flexibility

OVERVIEW

8 Units | $123K/Unit | 100% 2-Bedroom Units Newly offered at $985,000, 7500 Avalon Blvd delivers immediate cash flow with a straightforward path to additional income through turnover. The property consists of eight 2-bedroom / 1-bath units with separate gas and electric meters, eight on-site parking spaces, and $102,885 in scheduled gross income. Offered at a 5.33% current cap rate and 9.57 GRM, the investment combines low entry basis with a simple operational strategy. LAC2 zoning provides additional long-term flexibility.

FOR SALE DETAILS

PRICE

$985,000 USD

PRICE/SF

$216 USD /SF

# OF UNITS

8

PRICE/UNIT

$123,125

CAP RATE

5.71%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,658 SF

ZONING

LAC2

APN/PARCEL ID

6023-016-006

ASK ABOUT THIS PROPERTY

Alexandro ColomboCOLOMBO | KW CommercialMore Info
310-978-7950

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Alexandro ColomboCOLOMBO | KW CommercialMore Info
310-978-7950

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.