Los Angeles, CA 90025 1738 Colby Avenue
$2,750,000
3 more
Presented By: Bill Friedman with Coldwell Banker Realty;
- MLS# 24459255
- 11/07/2024
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
Beds • 10
Baths • 12
SQFT • 7,055
Home Details
* 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.
Presented By: Bill Friedman with Coldwell Banker Realty;
Interior Features for 1738 Colby Avenue
Bedrooms
Total Bedrooms10
Bathrooms
1/4 Baths0
3/4 Baths0
Half Baths
Total Baths12
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
General for 1738 Colby Avenue
Additional Parcels Y/NNo
AppliancesElectricOven, Refrigerator
Architectural StyleContemporary
Attached Garage No
Cap Rate4.08
Carport Y/NNo
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsSouth of Santa Monica Blvd. West of 405 Freeway
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income221940.0
HOANo
HeatingElectric, Radiant
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8141.0
Lot Size UnitsSquareFeet
MLS AreaWLA - West Los Angeles
MobileHomeRemainsYNNo
Net Operating Income142938.0
New ConstructionNo
Number Of Units Total10
Open Parking Spaces8.0
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NYes
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tenant PaysElectricity
Waterfront Y/NNo
Year Built1966
ZoningLAR3
Exterior for 1738 Colby Avenue
Building Area Total7055.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1869
Lot Size Area8141.0
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
SpaNo
Total Parking0.0
Additional Details
Price History
Hal Schlegel
Broker Associate