7500 Avalon Blvd Los Angeles, CA 90003
Florence NeighborhoodEstimated payment $6,394/month
About This Home
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.
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/09/2026 07/09/26 | Price Changed | $985,000 | -8.4% | $216 / 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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