
Los Angeles, California 90003
This 8-Unit Multifamily Asset represents a High-Potential Investment Opportunity with a List Price of $1,075,000—positioned well below the $1,205,579 Fair Market Value by 10%. This valuation provides $130,579 in Instant Equity for incoming owners. Currently operating at a 5.23% Cap Rate, the property features a uniform mix of eight 2-bedroom units in Fair Condition. With aging infrastructure and below-market rents, the asset offers significant upside through strategic modernization and improved management. This is a prime acquisition for Buy-and-Hold Investors or Value-Add Specialists.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7500 Avalon Subject | $1,075,000* List Price | 0 | 0 | 4,560 | $264 | - |
A 203 W 77th St Street W Active | $969,000 List Price | 0 | 0 | 4,482 | $216 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1957, this multi-family property is explicitly marketed as a 'value-add' opportunity with 'aging infrastructure' that requires modernization. While the exterior appears maintained and the units are described as 'clean and highly rentable,' the property lacks recent renovations, and the systems are likely near the end of their expected lifespan, fitting the criteria for fair condition.
The property offers immediate cash flow with a current 5.23% cap rate and 10.45 GRM, providing a stable foundation for investors in a high-demand rental market.
There is clear upside to increase equity and revenue through strategic renovations and bringing current rents up to market levels in a dense submarket.
The uniform composition of eight 2-bedroom, 1-bath units provides a highly marketable and consistent product that is well-suited for the local demographic.
Built in 1957, the asset likely requires capital improvements to modernize units and systems, which may necessitate additional upfront investment.
The property utilizes a single master water meter, leaving the owner responsible for water expenses and limiting the ability to pass these utility costs directly to tenants.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 1.0 | 50% |
| Baths | 0.0 | 1.5 | 50% |
| Square foot | 4,560 | 3,110 | 50% |
| Lot Size | 5,510 | 4,013.5 | 50% |
| Price | $1.07M | $792.5K | 50% |
| Price per sq ft | $236 | $271 | 50% |
| Built year | 1957 | 1945 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 114 | 50% |
Apr 9, 2026
$1,075,000
Initial Listing