1738 Colby Ave | Los Angeles, CA 90025
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- LoopNet Team
1738 Colby Ave
Los Angeles, CA 90025
Value Add Opportunity! 10-Unit Apartment · Multifamily Property For Sale
·
10 Units
INVESTMENT HIGHLIGHTS
- Price Reduced! Value Add Opportunity: 30% Vacant at Close of Escrow
- Pro Forma $154,833 NOI and 5.63% Cap Rate
- 2 Blocks South of Santa Monica Blvd and 4 Blocks West of 405 Freeway
- Prime West Los Angeles Multi-Family Investment
- 2-Story Building with 10 Units and 10 Car Parking
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,055 SF |
| Property Type | Multifamily | Average Occupancy | 90% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 0.6/1,000 SF |
| Lot Size | 0.19 AC | ||
| Zoning | LA [Q]R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,055 SF |
| Average Occupancy | 90% |
| No. Stories | 2 |
| Year Built | 1966 |
| Parking Ratio | 0.6/1,000 SF |
| Zoning | LA [Q]R3 - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
AMENITIES
UNIT AMENITIES
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 550 - 650 |
| 1+1 | 6 | - | 700 - 800 |
| 2+2 | 3 | - | 800 - 900 |
PROPERTY TAXES
| Parcel Number | 4261-015-019 | Improvements Assessment | $250,051 |
| Land Assessment | $125,983 | Total Assessment | $376,034 |
PROPERTY TAXES
Parcel Number
4261-015-019
Land Assessment
$125,983
Improvements Assessment
$250,051
Total Assessment
$376,034
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