Los Angeles, CA 90003 225 W Colden Avenue
$7,000,000
Pending
11 more
Presented By: Enrique Viramontes with Remax Commercial and Investment Realty;
- MLS# 24435135
- 09/03/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 91
Baths • 53
SQFT • 43,989
Home Details
We are proud to present the sale of the Colden Oaks. This 38 unit affordable housing offering consists of an excellent mix of 15 (3 bd + 2 ba) and 23 (2 bd + 1 ba) units. Each unit averages over 1,000 sf of living space with truly functional and spacious floor plans. Tenants enjoy condominium quality living with many amenities including laundry room, BBQ area and plentiful outdoor recreation space. Assigned parking is also offered to all tenants in the building's grade level parking area. The property is located just 6 miles from Downtown Los Angeles and in close proximity to the intersection of the 110 and 105 freeways. Buyer to verify tax credit opportunities and relevant regulatory agreements.
Presented By: Enrique Viramontes with Remax Commercial and Investment Realty;
Interior Features for 225 W Colden Avenue
Bedrooms
Total Bedrooms91
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths53
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Total Stories
General for 225 W Colden Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.8
Carport Y/NNo
CityLos Angeles
CoolingCentralAir
CountyLos Angeles
DirectionsLocated on W Colden Ave, north of W Century Blvd
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income601185.0
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Lot Size Square Feet33987.0
Lot Size UnitsSquareFeet
MLS AreaC37 - Metropolitan South
MobileHomeRemainsYNNo
Net Operating Income266219.0
New ConstructionNo
Number Of Units Total38
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Waterfront Y/NNo
Year Built1994
ZoningLAC2
Exterior for 225 W Colden Avenue
Building Area Total43989.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.7802
Lot Size Area33987.0
Lot Size SourceOther
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking77.0
Additional Details
Price History
Hal Schlegel
Broker Associate