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1738 Colby Avenue

Los Angeles (City), CA 90025
  • $3,250,000
  • STATUS: Active
  • ON SITE: 163 Days
  • MLS #: 24459255
UPDATED: 60 min ago
$3,250,000
  • 10
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,055
    SQFT
  • $461
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1966
County:

School Ratings & Info

Listing Agent(s): Bill Friedman of Coldwell Banker Realty (310-820-6651)


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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T12:27:26.28. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157650248
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1738 Colby Avenue Los Angeles (City), CA 90025

  • Price: $3,250,000
  • Status: Active
  • On Site: 163 Days
  • Updated: 60 min ago
  • MLS #: 24459255
10
Beds
0
Baths
0
½ Baths
0.19
Acres
7,055
SQFT
$461
$/SQFT
1966
Built
Neighborhood:
WLA - West Los Angeles
County:
Los Angeles
Area:
WLA - West Los Angeles
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.
Exterior Features

Architectural Style Contemporary Open Parking Spaces 8 Parking Features Assigned Parking Total 0

Interior Features

Appliances Electric OvenRefrigerator Cooling None Cooling YN No Heating ElectricRadiant Heating YN Yes

Property Features

Additional Parcels YN No Association YN No Cap Rate 4.08 Gross Income 221940 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 142938 New Construction YN No Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Tenant Pays Electricity Vacancy Allowance Rate 1 Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T12:27:26.28. 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 The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Bill Friedman of Coldwell Banker Realty (310-820-6651)