7500 Avalon, Los Angeles, CA 90003
List Price: $1.07M
Listing Status: Active
0Days on Market: 25
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1957
Lot Size: 5,510 sq ft
Private Pool: Yes
MLS Number: PW26068180
About This Property
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 provided by: Alexandro Colombo DRE #01927702 562-961-1400 info@colombocre.com, Keller Williams Coastal Prop.
Source: CRMLS, MLS #: PW26068180
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.