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1745 Colby Avenue

Los Angeles (City), CA 90025
  • $3,295,000
  • STATUS: Active
  • ON SITE: 89 Days
  • ID#: SR24117210
UPDATED: 57 min ago
$3,295,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Orlando Cruz of Brightstone Estate Properties (818-430-4210)


Description

Sawtelle neighborhood 10 unit residential apartment building with solid income and great tenants. Many units have been remodeled and upgraded to have hardwood floors and window A/C units. Located in the heart of West LA's Sawtelle neighborhood with access to shops, restaurants, UCLA and SMC and the 405/10 freeways. Property has been reinforced to comply with City of Los Angeles soft story earthquake upgrades. Pool, open area, laundry machines on site as well as 12 parking spaces (including 6 tandem.) Existing $1.4M 5 year loan at approximately 3% APR is assumable subject to lender fees and qualifications. Please do not disturb occupants and contact site manager for additional information. Showings on accepted offer only. Buyer to cooperate with Seller's 1031 exchange.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T11:27:23.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/151759392
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1745 Colby Avenue Los Angeles (City), CA 90025

  • Price: $3,295,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 57 min ago
  • ID#: SR24117210
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1962
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
Property Description
Sawtelle neighborhood 10 unit residential apartment building with solid income and great tenants. Many units have been remodeled and upgraded to have hardwood floors and window A/C units. Located in the heart of West LA's Sawtelle neighborhood with access to shops, restaurants, UCLA and SMC and the 405/10 freeways. Property has been reinforced to comply with City of Los Angeles soft story earthquake upgrades. Pool, open area, laundry machines on site as well as 12 parking spaces (including 6 tandem.) Existing $1.4M 5 year loan at approximately 3% APR is assumable subject to lender fees and qualifications. Please do not disturb occupants and contact site manager for additional information. Showings on accepted offer only. Buyer to cooperate with Seller's 1031 exchange.
Exterior Features

Carport Spaces 8 Carport YN Yes Entry Level 1 Lot Features 0-1 Unit/AcreWalkstreet Open Parking Spaces 4 Parking Total 12

Property Features

Additional Parcels YN No Cap Rate 4.9 Common Interest None Electric Standard Gross Scheduled Income 277697 Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 135381 Operating Expense 146456 Property Sub Type Multi Family Special Listing Conditions Standard Utilities Sewer AvailableWater Connected Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-09-15T11:27:23.557. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344
Listing Agent(s): Orlando Cruz of Brightstone Estate Properties (818-430-4210)