1745 Colby Avenue

Los Angeles, CA 90025

$3,295,000
Price
—
Beds
7,540 Sq. Ft.
$437 / Sq. Ft.
7,540
Sq. Ft.
$437
per Sq. Ft.
Inside Unit 1
Swimming pool
Inside building

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.)...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.
  1. Listed by Orlando Cruz • DRE #01051110 • Brokerage DRE #01835647 • Brightstone Estate Properties • 818-430-4210

Property Details for 1745 Colby Avenue

Parking Spaces Total
12
Total Units
11.0
Lot Size Source
Assessor
Building Area Total
7540
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Parcel Number
4261014022
LISTING UPDATED: 10/10/2024 10:41 AM

Property Details for 1745 Colby Avenue

StatusActive
MLS #SR24117210
Days on Market146
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi Family
Year Built1962
Lot Size0.19 AC / 8,261 SF
CountyLos Angeles County

Building Information for 1745 Colby Avenue

Stories2Residences-Year Built1962Building Size-Lot Size0.19 AC / 8,261 SF

Property Information for 1745 Colby Avenue

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $277,697
  • Net Operating Income: $135,381
  • Laundry Income: $4,140
  • Cap Rate: 4.9
Expense Details
  • Operating Expense: $146,456
  • Expense Year: $2,023
  • Total Expenses: $146,456
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Walkstreet
  • Current Use: Multi-Family
  • Utilities: Sewer Available, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Uncovered Spaces: 4
  • Carport Spaces: 8
Property / Structure Info
  • Building Status: Existing
  • Asset Class: Multi-Family
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Actual Rent: $5,295
  • Unit Type Area: 1050
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 1
  • Unit Type Description: Unit 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,680
  • Unit Type Area: 850
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 10
  • Unit Type Description: Unit 10
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 0
  • Unit Type Actual Rent: $345
  • Unit Type Area: 0
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 11
  • Unit Type Description: Laundry
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,595
  • Unit Type Area: 400
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 2
  • Unit Type Description: Unit 2
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,150
  • Unit Type Area: 735
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 3
  • Unit Type Description: Unit 3
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $2,005
  • Unit Type Area: 735
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 4
  • Unit Type Description: Unit 4
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Actual Rent: $2,325
  • Unit Type Area: 850
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 5
  • Unit Type Description: Unit 5
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,775
  • Unit Type Area: 735
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 6
  • Unit Type Description: Unit 6
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,961
  • Unit Type Area: 735
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 7
  • Unit Type Description: Unit 7
Unit 10
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,532
  • Unit Type Area: 735
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 8
  • Unit Type Description: Unit 8
Unit 11
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,822
  • Unit Type Area: 735
  • Unit Type Area Units: Square Feet
  • Unit Type Type: 9
  • Unit Type Description: Unit 9

Property History for 1745 Colby Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1745 Colby Avenue

Taxable ValueLand$1,931,648Additions$1,056,818Total$2,988,466
Tax Record2024$37,425 ($3,119 / month)
Home Facts
Total Finished SqFt7,540 SqFtAbove Grade Finished SqFt7,540 SqFtLot Size8,259 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLAR3CountyLOS ANGELESAPN4261-014-022

Schools near 1745 Colby Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Nora Sterry Elementary School
Public - K to 5
Daniel Webster Middle School
Public - 6 to 8
University Senior High School Charter
Charter - 9 to 12
Citizens of the World Charter School Mar Vista
Charter - K to 8
Rating
School
Distance
Nora Sterry Elementary School
PublicK to 5

Daniel Webster Middle School
Public6 to 8

University Senior High School Charter
Charter9 to 12

Citizens of the World Charter School Mar Vista
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1745 Colby Avenue, Los Angeles, CA 90025

1745 Colby Avenue is a multi-family home for sale in Los Angeles, CA 90025. This property was listed for sale on June 17, 2024 by Brightstone Estate Properties, it's currently listed at $3,295,000. It has been on the market for a total of 146 days and was last sold on May 16, 2013. This listing's school district is Los Angeles Unified School District. Nearby schools include Nora Sterry Elementary School, Daniel Webster Middle School and University Senior High School Charter. 1745 Colby Avenue is a 0-bed, 0-bath, 7,540 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Brightstone Estate Properties, Orlando Cruz, DRE #01051110

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.