Sold for $825,000

Listed by: Lyon Stahl Investment Real Estate, Inc. • Aaron Jacobson • Contact: 310-729-1559

Bought with: WERE REAL ESTATE

$825,000

7900 Avalon Blvd, Los Angeles, CA 90003

5beds

4baths

2,167sqft

Mixed Use

Built in 1947

-- sqft lot

$819,300 Zestimate^®

$381/sqft

$2,785 Estimated rent

Home value

$819,300

$737,000 - $909,000

$2,785/mo

Zestimate^® history

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$2,785/mo

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$5,277/mo

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$5,277/mo

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What's special

7900 Avalon is a newly renovated triplex with a commercial space, situated on the corner of Avalon Blvd and 79th Street. Generating strong income, the property operates at a 7.09% cap rate and a 9.53 GRM. The commercial space features prime frontage along Avalon, while alley access provides additional convenience at the rear of the property. Built in 1947, the buildings are subject to LARSO, with all units separately metered for utilities. The unit mix includes (2) one-bedroom, one-bath units, (1) three-bedroom, one-bath unit, and (1) commercial space. The property also offers six onsite parking spaces, which present potential for ADU conversion.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Appliances

Laundry: Electric Dryer Hookup, Gas Dryer Hookup

Features

Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 2,167
Total interior livable area: 2,167 sqft

Property

Parking

Total spaces: 6
Uncovered spaces: 6

Features

Entry location: front
Pool features: None

Lot

Size: 4,506 Square Feet
Features: 0-1 Unit/Acre

Details

Parcel number: 6029001009
Zoning: LAC2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mixed Use

Condition

New construction: No
Year built: 1947

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Biking, Curbs, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $381/sqft
Tax assessed value: $694,461
Annual tax amount: $8,792
Date on market: 3/13/2025
Cumulative days on market: 61 days
Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional

Price history

Date	Event	Price
5/19/2025	Sold	$825,000$381/sqft
Source: CRMLS #SB25055888 Report a problem
5/15/2025	Pending sale	$825,000+29.9%$381/sqft
Source: CRMLS #SB25055888 Report a problem
8/16/2019	Sold	$635,000$293/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,792 +1.3%	$694,461 +2%
2024	$8,679 +1.9%	$680,845 +2%
2023	$8,517 +4.7%	$667,496 +2%
2022	$8,132 +1.3%	$654,409 +2%
2021	$8,028 -0.9%	$641,578 +1%
2020	$8,105	$635,000 +909.7%
2019	$8,105 +623.8%	$62,892 +2%
2018	$1,120	$61,660 +2%
2017	$1,120 +1.8%	$60,452 +2%
2016	$1,100 +4.5%	$59,268 +1.5%
2015	$1,052	$58,379