1738 Colby Avenue Active

Los Angeles,CA 90025

$ 3500000

- Bed

0 Bath

7055 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,055 sqft

Price per Sqft $496

MLS Listing ID CL24459255

Year Built 1966

Lot Size 8,141 Sqft

Property Description

* Prime West Los Angeles 10-unit apartment building* One studio unit; three 2-bedroom/2-bath units; and six1-bedroom/1-bath units* All units are occupied by the same tenants for over one year, except for one recently vacated unit that was left vacant intentionally to allow the buyer to decide what they want to with it* $142,938 pro forma net annual income 4.08% pro forma cap rate* 10 surface parking spaces* Onsite laundry room with washer and dryer* Located four blocks west of the San Diego (405) Freeway* Two blocks south of Santa Monica Boulevard* Adjacent to Santa Monica and Brentwood.

Location

State CA

County Los Angeles

Area Listing

Zoning LAR3

Interior

Heating Electric,Radiant

Cooling None

Laundry Community Facility

Building

New Construction No

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