7500 Avalon, Los Angeles, CA 90003

About this property

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

$925,000

Sold August 2026 · listed $985,000, orig. $1,075,000, on market March 2026 · MLS #PW26068180 · Source: CRMLS

Listing Agent: Alexandro Colombo · Listing Office: Keller Williams Coastal Prop. · Contact: 310-978-7950 · Bought with: Alexandro Colombo · Keller Williams Coastal Prop.

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