Detail

Updated on October 30, 2024 at 8:54 pm

  • Land Area: 8,139 sq ft
  • Property Size: 7,055 sq ft
  • Price: $3,500,000
  • Year Built: 1966

Description

• Prime West Los Angeles 10-unit apartment building
One studio unit; three 2-bedroom/2-bath units; and six 1-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

Property Documents

  • Marketing Package for 1738 Colby Ave
  • Address: 1738 Colby Ave
  • City: Los Angeles
  • State/county: CA
  • Zip/Postal Code: 90025
  • Neighborhood: West Los Angeles
  • Country: United States

Contact info

Rene Mexia
Rene Mexia
213.747.4155213.446.2286
Linkedin
Jeff Luster
Jeff Luster
213.747.4152213.804.3013

Inquire about this property

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