8-Unit Value-Add Multifamily | 100% 2BR Units | $134K/Unit | Significant Rental Upside
We are pleased to present the opportunity to acquire an eight-unit multifamily investment located at 7500 Avalon Blvd in Los Angeles, California. The property consists of eight two-bedroom, one-bathroom units, offering a highly desirable and efficient unit mix that appeals to the area’s strong renter demand. The property offers investors a compelling value-add opportunity with substantial rental upside. Current rents are significantly below prevailing market levels, providing the potential to increase scheduled gross income from approximately $102,800 annually to $235,200 at market rents, representing $132,400 in additional annual income upon stabilization. The improvements provide approximately 6,383 square feet of rentable space and are situated on a 6,214 square foot corner parcel with LAC2 zoning, allowing for flexible commercial and residential use. The property also benefits from on-site parking and individually metered gas and electric, helping control operating expenses. With strong in-place cash flow and significant upside potential through strategic repositioning, 7500 Avalon Blvd presents investors with the opportunity to acquire a well-located Los Angeles multifamily asset with substantial income growth potential.
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