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Investment Highlights

  • $134,375 per unit and $236 per square foot.
  • Day-One Cash Flow with Rent Upside
  • All 2-Bedroom Unit Mix
  • Value-Add Through Unit Turns

Executive Summary

8 Units | $134K/Unit | 100% 2BR-Units
Offered below recent comparable sales in the surrounding submarket. The property consists of eight 2-bedroom units totaling approximately 6,383 square feet on a 6,214 square foot corner parcel with LAC2 zoning. Individually metered gas and electric and on-site parking support efficient operations. With in-place income and rental upside, the asset offers long-term income growth potential in a high-demand rental submarket.

Financial Summary (Actual - 2025)

Annual Annual Per SF
Gross Rental Income $102,885 $22.56
Other Income - -
Vacancy Loss $3,087 $0.68
Effective Gross Income $99,798 $21.89
Taxes $13,953 $3.06
Operating Expenses $30,000 $6.58
Total Expenses $43,953 $9.64
Net Operating Income $55,845 $12.25

Financial Summary (Actual - 2025)

Gross Rental Income
Annual $102,885
Annual Per SF $22.56
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $3,087
Annual Per SF $0.68
Effective Gross Income
Annual $99,798
Annual Per SF $21.89
Taxes
Annual $13,953
Annual Per SF $3.06
Operating Expenses
Annual $30,000
Annual Per SF $6.58
Total Expenses
Annual $43,953
Annual Per SF $9.64
Net Operating Income
Annual $55,845
Annual Per SF $12.25

Property Facts

Price $1,075,000
Price Per Unit $134,375
Sale Type Investment
Cap Rate 5.23%
Gross Rent Multiplier 10.45
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class B
Lot Size 0.13 AC
Building Size 4,560 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 1.75/1,000 SF
Zoning LAC2 - Commercial
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
6023-016-006
Land Assessment
$97,239
Improvements Assessment
$539,341
Total Assessment
$636,580
Annual Taxes
$13,953 ($3.06/SF)
Tax Year
2025
  • Listing ID: 40110238

  • Date on Market: 4/10/2026

  • Last Updated:

  • Address: 7500 Avalon Blvd, Los Angeles, CA 90003

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