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 4 years left on it. 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.
Property Details
Price:
$3,295,000
MLS #:
SR25100744
Status:
Active
Baths:
0
Address:
1745 Colby Avenue
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
wlawestlosangeles
City:
Los Angeles
Listed Date:
May 5, 2025
State:
CA
ZIP:
90025
Year Built:
1962
Schools
Interior
Cooling
Wall/ Window Unit(s)
Heating
Central
Exterior
Parking Spots
13.00
Roof
Flat
Stories Total
2
Water Source
Public
Financial
Taxes
$37,894
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Map
Contact Us
Mortgage Calculator
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1745 Colby Avenue
Los Angeles, CA
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