7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
7500 Avalon, Los Angeles, CA 90003
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Ernie Caponera

Ernie Caponera

+1(714) 606-0926
$1,075,000
Est. payment /mo
5,510 Sqft Lot
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26068180

HOA Y/N No

Year Built 1957

Lot Size 5,510 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry None

Exterior

Parking Features One Space

Pool None

Community Features Storm Drain(s), Street Lights, Sidewalks, Urban

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 2

Sewer Public Sewer

Water Private

New Construction No

Others

Senior Community No

Tax ID 6023016006

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=ILXd7mnRYaQ

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Listed by Alexandro Colombo Keller Williams Coastal Prop. 310-978-7950, DRE #01927702

Nearby Locations

Ernie Caponera

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

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7500 Avalon

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