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    2136 Colby Avenue

    Los Angeles (City), CA 90025
    • $5,600,000
    • STATUS: Active
    • ON SITE: 50 days
    • ID#: 21705488
    UPDATED: 24 min ago
    $5,600,000
    • 0
      BEDS
    • 0.24
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,486
      SQFT
    • $590
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1968
    County:

    School Ratings & Info

    Description

    14-unit low-rise, walk-up apartment building on a 10,454-square-foot lot comprised of studio, one- and two- bedroom layouts | Property will be delivered fully vacant allowing a savvy investor to renovate the building and achieve top of the market rents | Plans have been drawn for a 1,100 sq ft ADU unit over parking | A 4.65 cap rate and 5.28 cap rate with ADU unit | Surrounded by Class A office complexes and Fortune 500 companies

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. 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 Southwest. Licensed in the State of California, USA.
    www.necolrealty.com/homes/115435435
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    2136 Colby Avenue Los Angeles (City), CA 90025

    • Price: $5,600,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: 21705488
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.24
    Acres
    9,486
    SQFT
    $590
    $/SQFT
    1968
    Built
    Neighborhood:
    WLA - West Los Angeles
    County:
    Los Angeles
    Area:
    WLA - West Los Angeles
    Property Description
    14-unit low-rise, walk-up apartment building on a 10,454-square-foot lot comprised of studio, one- and two- bedroom layouts | Property will be delivered fully vacant allowing a savvy investor to renovate the building and achieve top of the market rents | Plans have been drawn for a 1,100 sq ft ADU unit over parking | A 4.65 cap rate and 5.28 cap rate with ADU unit | Surrounded by Class A office complexes and Fortune 500 companies
    Exterior Features

    Entry Location Foyer Parking Features Gated Pool Features None Pool Private YN No Spa Features None Spa YN No

    Interior Features

    Appliances Convection OvenDishwasherGas CooktopMicrowaveRefrigerator Cooling None Cooling YN No Heating Central Heating YN Yes

    Property Features

    Gross Income 379200 Laundry Features Common Area Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 260405 Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 100 Zoning Lar3

    Listing provided courtesy of Jared Warren of Colliers International- Los Angeles


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-05-14T18:37:53.58. 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 Southwest. Licensed in the State of California, USA.
     
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