11
See all 11 photos
$3,295,000
Est. payment /mo
8,258 Sqft Lot
New
1745 Colby AVE Los Angeles, CA 90025
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Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25100744
HOA Y/N No
Year Built 1962
Annual Tax Amount $37,894
Tax Year 2024
Lot Size 8,258 Sqft
Property Sub-Type Multi Family
Property Description
10 unit residential income property in the heart of the Sawtelle neighborhood of West Los Angeles. Easy access to freeways, shopping, UCLA and Santa Monica College with almost no vacancy over the past 10 years. Most units have been updated and have hardwood floors and window A/C units. Property has been retrofited to comply with LA City soft story earthquake upgrade requirements. Pool, laundry machines and open spaces in the building. Building has 13 parking spaces (including 6 tandem) and lots of storage. Please look in the supplements area for the Offering Memorandum which will answer 99% of your questions before calling LO. Current existing $1.4M 5 year 3% APR mortgage is assumable subject to lender fees and requirements with 4 years left on it. Please do not disturb occupants. Please review the attached offering memorandum before calling or texting to request this information. Showings on accepted offers only. Buyer to cooperate with Seller's 1031 exchange.
Location
State CA
County Los Angeles
Area Wla - West Los Angeles
Interior
Heating Central
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Common Area, In Garage
Exterior
Carport Spaces 11
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Roof Type Flat
Present Use Residential
Total Parking Spaces 13
Building
Lot Description Back Yard
Story 2
Water Public
Others
Tax ID 4261014022
Acceptable Financing Cash to New Loan, 1031 Exchange
Listing Terms Cash to New Loan, 1031 Exchange
Special Listing Condition Standard
Listed by Orlando Cruz • Brightstone Estate Properties • 818-430-4210