7500 Avalon Blvd Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $6,735/month
About This Home
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.
Listing Agent
Keller Williams Coastal Prop. Brokerage Phone: 310-978-7950 License #01927702 Listed on: 04/09/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 5,510 Sq Ft Lot
- No Common Walls
- Density is 6-10 Units/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 4,560 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 16 Bedrooms
- 8 Bathrooms
Parking
- Parking Available
- Parking Lot
Additional Features
- Exterior Lighting
- Urban Location
- Private Water Source
Listing and Financial Details
- Tax Lot 132
- Tax Tract Number 6
- Assessor Parcel Number 6023016006
- $1,189 per year additional tax assessments
Community Details
Overview
- 8 Units
Building Details
- 8 Leased Units
- Rent Control
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $5,472
- Professional Management Expense $5,988
- Trash Expense $5,400
- Water Sewer Expense $14,400
- New Taxes Expense $13,953
- Operating Expense $43,597
- Gross Income $102,885
- Net Operating Income $56,201
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | For Sale | $1,075,000 | -- | $236 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26068180
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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