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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 (CAD) Annual Per SF (CAD)
Gross Rental Income $140,952 $30.91
Other Income - -
Vacancy Loss $4,229 $0.93
Effective Gross Income $136,723 $29.98
Taxes $19,116 $4.19
Operating Expenses $41,100 $9.01
Total Expenses $60,216 $13.21
Net Operating Income $76,508 $16.78

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $140,952
Annual Per SF $30.91
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $4,229
Annual Per SF $0.93
Effective Gross Income (CAD)
Annual $136,723
Annual Per SF $29.98
Taxes (CAD)
Annual $19,116
Annual Per SF $4.19
Operating Expenses (CAD)
Annual $41,100
Annual Per SF $9.01
Total Expenses (CAD)
Annual $60,216
Annual Per SF $13.21
Net Operating Income (CAD)
Annual $76,508
Annual Per SF $16.78

Property Facts

Price $1,472,750 CAD
Price Per Unit $184,094 CAD
Sale Type Investment
Cap Rate 5.23%
Gross Rent Multiplier 10.45
No. Units 8
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Garden
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
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
$133,217 CAD
Improvements Assessment
$738,897 CAD
Total Assessment
$872,115 CAD
Annual Taxes
$19,116 CAD ($4.19 CAD/SF)
Tax Year
2025
  • Listing ID: 40110238

  • Date on Market: 2026-04-10

  • Last Updated:

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

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