7500 Avalon Los Angeles, CA 90003
Other
MLS #: PW26068180
Courtesy Of Keller Williams Coastal Properties
Property InformationDescription
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. Alexandro Colombo Managing Director | KW Commercial DRE #01927702
Features
- Age: Over 50 Years Old
- Building Units: 8
- Floors: 2
- MLSID: PW26068180
- Rooms: Bathroom 8
- Rooms: Bedroom 10
- Rooms: Bathroom 6
- Rooms: Bathroom 7
- Rooms: Bathroom 4
- Rooms: Bedroom 14
- Rooms: Bathroom 5
- Rooms: Bedroom 13
- Rooms: Bathroom 2
- Rooms: Bedroom 12
- Rooms: Bedroom 11
- Rooms: Bathroom 3
- Rooms: Bedroom 16
- Rooms: Bedroom 15
- Rooms: Bedroom 3
- Rooms: Bedroom 2
- Rooms: Bedroom 1
- Rooms: Bedroom 7
- Rooms: Bedroom 6
- Rooms: Bedroom 5
- Rooms: Bedroom 4
- Rooms: Bedroom 9
- Rooms: Bedroom 8
- Rooms: Bathroom 1
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