1745 Colby Avenue Active

Los Angeles,CA 90025

$ 3100000

- Bed

0 Bath

7540 SqFt


Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 7,540 sqft

Price per Sqft $411

MLS Listing ID CRSR25100744

HOA Y/N No

Year Built 1962

Lot Size 8,261 Sqft

Acres 0.19

Property Sub-Type Comm Ind For Sale

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 1.5 years left on it through September 2026. 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

Interior

Heating Other

Cooling Window Unit(s)

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Total Parking Spaces 13

Building

New Construction No

Others

Tax ID 4261014022

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