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827 W Colden Ave

Los Angeles, CA 90044
  • $1,450,000
  • STATUS: Active
  • ON SITE: 21 days
  • ID#: 21-760042
UPDATED: 19 min ago
$1,450,000
  • 10
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,290
    SQFT
  • $274
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1958
County:

School Ratings & Info

Description

I am pleased to present the opportunity to acquire 827 West Colden Avenue, an eight-unit apartment community inLos Angeles. The well-maintained property built in 1958 consists ofsix one-bedroom units and two two-bedroom units.The property is 5,290 square feet, located on an 8,821square foot lot and is walking distance to multiple transit options, facilitating residents the ability to travel throughout Los Angeles. The locationprovides convenient access to daily errands andretail options.The value-add potential for a new owner to upgradethe unrenovated units to achieve superior futurereturns moving forward makes 827 West ColdenAvenue an excellent investment opportunity.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-03T23:42:33.353. 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.
www.theparsonsrealestateteam.com/homes/119264023
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827 W Colden Ave Los Angeles, CA 90044

  • Price: $1,450,000
  • Status: Active
  • Updated: 19 min ago
  • ID#: 21-760042
10
Beds
0
Baths
0
½ Baths
0.2
Acres
5,290
SQFT
$274
$/SQFT
1958
Built
Neighborhood:
Metropolitan Southwest
County:
Los Angeles
Area:
Metropolitan Southwest
Property Description
I am pleased to present the opportunity to acquire 827 West Colden Avenue, an eight-unit apartment community inLos Angeles. The well-maintained property built in 1958 consists ofsix one-bedroom units and two two-bedroom units.The property is 5,290 square feet, located on an 8,821square foot lot and is walking distance to multiple transit options, facilitating residents the ability to travel throughout Los Angeles. The locationprovides convenient access to daily errands andretail options.The value-add potential for a new owner to upgradethe unrenovated units to achieve superior futurereturns moving forward makes 827 West ColdenAvenue an excellent investment opportunity.
Exterior Features

Lot Size Area 8821 Other Structures None Parking Garage Covered Parking Total Parking 8

Interior Features

Baths Total 8.00 Cooling Other Equipment Other Heating Other

Property Features

Assessed Total Value 105082 Gross Income 91128 Gross Operating Income 89354 Like Units1 6 Like Units2 2 Net Operating Income 47622.00 Number Of Buildings 1 Number Of Units 8 Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 41732 Type Of Units Residential Year Built Source Assessor Zoning Lard1.5

Listing provided courtesy of Sean Rosenzweig DRE#01406343 of Marcus & Millichap.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-08-03T23:42:33.353. 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.
 
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The Parsons Team | Keller Williams Realty
251 S. Lake Ave #150
Pasadena CA, 91101