1745 Colby Avenue

Los Angeles, CA 90025

PRICE REDUCED

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-$300,000 (-8.34%)

$3,295,000

List Price

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1962

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Property Description

Sawtelle neighborhood 10 unit residential apartment building with solid income and great tenants. Many units have been remodeled and upgraded to have hardwood floors and window A/C units. Located in the heart of West LA's Sawtelle neighborhood with access to shops, restaurants, UCLA and SMC and the 405/10 freeways. Property has been reinforced to comply with City of Los Angeles soft story earthquake upgrades. Pool, open area, laundry machines on site as well as 12 parking spaces (including 6 tandem.) Existing $1.4M 5 year loan at approximately 3% APR is assumable subject to lender fees and qualifications. Please do not disturb occupants and contact site manager for additional information. Showings on accepted offer only. Buyer to cooperate with Seller's 1031 exchange.

Listing Information

List Price $3,295,000
Status Active
MLS SR24117210
Type Commercial
Subtype Multi Family
Year Built 1962
Lot Size 8,261
Structure Size N/A
DOM 115
Courtesy Of Brightstone Estate Properties
Listing Agent Orlando Cruz DRE#01051110

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Maps

Listing information courtesy of: Orlando Cruz, Brightstone Estate Properties . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 11th, 2024 at 12:42 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.