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1745 Colby Avenue Los Angeles, CA 90025
7,540 SqFt
UPDATED:
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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Listed by Orlando Cruz • Brightstone Estate Properties