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$700,000

Beds
11
sq ft
3,132

145 W Colden Ave, Los Angeles, CA 90003

145 W Colden Ave

Los Angeles, CA 90003

  • 26 days on market
We are pleased to present the exceptional opportunity to acquire a fully occupied 5-unit multifamily property in the Broadway-Manchester neighborhood of South Los Angeles. Built in 1960, this property features (1) 3Bed/1 Bathroom Unit and (4) 2Bed/1 Bathroom Units. Together, they offer a total of 3,132 square feet of rentable space on a 6,596 square foot lot. Security and convenience are paramount, with features such as separate metering for gas and electricity, gated controlled access, and an on-site parking lot with (7) spaces. With an average rent of $980 per unit, this opportunity provides an astute investor the potential to capture 113% upside in rental income as tenants move or relocate. Strategically located just north of West Century Blvd and east of South Broadway, the property enjoys seamless connectivity to the 110 and 105Freeways, facilitating convenient access to all corners of Greater Los Angeles. Tenants are also within a short distance to multiple bus stops along Main St. and Colden Ave.

Details

Property type

Lot size

6,598 sq ft

Price per sq ft

$224

Year built

1960

HOA

No

Price History

11/26/2024
CLAW

CLAW #24467199

Listed
$700,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/22/2024 at 10:20 PM

Listing updated: 12/04/2024 at 7:55 PM

Listed by: Sevak Keshishian, Marcus & Millichap Phone #: (818) 212-2700

MLS: CLAW #24467199

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