145 W Colden Avenue, Los Angeles CA, 90003

Active

145 W Colden Avenue

Los Angeles CA, 90003

$700,000

$223.50 per sqft

Active

11 Beds

5 Baths

3,132 sqft

Residential

Built in 1960

Listed by Sevak Keshishian with Marcus & Millichap 818-212-2694

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.

24467199

MLSⓇ ID

November 26, 2024

Listed

December 5, 2024

Updated

Map

145 W Colden Avenue
Los Angeles CA, 90003

Interior Features

Total Stories: 2
Bedrooms: 11
Total Bathrooms: 5
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Furnace

Exterior/Building Features

Lot Size: 0.15 Acres

Other Property Details

Area Name: C37 - Metropolitan South
Days on Market: 8
Garage: No
Parking: Unassigned, Uncovered
Parking Total: 7
View: No
County: Los Angeles
Pool: No
Zoning: LAR2

Listing Contact: 818-212-2700

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 12/5/2024 at 7:07 AM UTC