7500 Avalon, Los Angeles, CA 90003
Property
Sold August 2026
Listing Agent: Alexandro Colombo (DRE #01927702) · Listing Office: Keller Williams Coastal Prop. · Contact: 310-978-7950 · Bought with: Alexandro Colombo · Keller Williams Coastal Prop. · MLS #PW26068180 · Source: CRMLS
How this sale compares
7500 Avalon sold for $925,000 in August 2026, 6.1% under its $985,000 list price, after 131 days on the market. It was first listed at $1,075,000. Across 119 closed sales in 90003 over the last 12 months, the median sold price is $650,000 and the median is $485 per square foot.
| Quarter | Closed sales in 90003 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $680,000 |
| Q2 2026 | 59 | $625,000 |
| Q3 2026 | 50 | $647,000 |
| Q4 2026 | 3 | $849,900 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90003
Description
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 description from the August 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 7500 Avalon
7516 Avalon: Sold $920,000 · Jul 2026 · 0.0 mi
eXp Realty of Greater L.A | DRE #01967645
Buyer's agent: Jose Blandon, eXp Realty of Greater L.A | DRE #01967645229 E 75th Street: Sold $750,000 · 5 bd · 2 ba · 1,350 sqft · Jul 2026 · 0.3 mi
Real Broker | DRE #01900591
Buyer's agent: Jonathan Calderon, Real Broker | DRE #01982607219 E 76th: Sold $800,000 · Jul 2026 · 0.4 mi
Coldwell Banker Realty | DRE #01376549
Buyer's agent: Treniesha Sherman, Pacific Playa Realty | DRE #02134813243 E 79: Sold $500,000 · 3 bd · 2 ba · 1,266 sqft · Sep 2026 · 0.4 mi
New Beginning Realty Center | DRE #01041373
Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #02021425247 E 80th Street: Sold $563,000 · 2 bd · 1 ba · 1,198 sqft · Aug 2026 · 0.4 mi
Century 21 Realty Masters | DRE #02054714
Buyer's agent: Andres Avalos, Century 21 Realty Masters | DRE #02209209156 E 70th: Sold $615,000 · 2 bd · 1 ba · 1,006 sqft · Aug 2026 · 0.5 mi
CENTURY 21 REALTY MASTERS | DRE #01384277
Buyer's agent: Werner Rosales, Coldwell Banker Envision | DRE #02222667227 229 E 81st: Sold $1,125,000 · Jul 2026 · 0.5 mi
American Team Properties | DRE #01186073
Buyer's agent: Silvestre Medel, Excellence RE Real Estate, Inc. | DRE #01782189225 E 67th: Sold $557,777 · 3 bd · 1 ba · 1,032 sqft · Jun 2026 · 0.6 mi
Lovett & Associates, REALTORS | DRE #01856387
Buyer's agent: Jasmin Lovett, Lovett & Associates, REALTORS | DRE #01856387
Closed sales reported in 90003, nearest first, last 12 months. All recent sales in Los Angeles →