7500 Avalon Blvd - Multi-Family FOR SALE


Los Angeles, CA 90003- Canndu/Avalon Gardens
$1,075,000 USD
310-978-7950
7500 Avalon Blvd, Los Angeles, CA for Sale
$1,075,000 USD
Multi-Family - FOR SALE
1/9
null | 5.23% Cap Rate

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


HIGHLIGHTS

  • $134,375 per unit and $236 per square foot.
  • All 2-Bedroom Unit Mix
  • Day-One Cash Flow with Rent Upside
  • Value-Add Through Unit Turns

OVERVIEW

8 Units | $134K/Unit | 100% 2BR-Units Offered below recent comparable sales in the surrounding submarket. The property consists of eight 2-bedroom units totaling approximately 6,383 square feet on a 6,214 square foot corner parcel with LAC2 zoning. Individually metered gas and electric and on-site parking support efficient operations. With in-place income and rental upside, the asset offers long-term income growth potential in a high-demand rental submarket.

FOR SALE DETAILS

PRICE

$1,075,000 USD

PRICE/SF

$236 USD /SF

# OF UNITS

8

PRICE/UNIT

$134,375

CAP RATE

5.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,510 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.