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1738 Colby Ave
Los Angeles, CA 90025

$3,500,000 USD

Apartments For Sale  •  7,055 SF

Property Details

  • Property Type Apartments
  • Total Building Size 7,055 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 1966
  • Cap Rate 4.08 %
  • Zoning LA [Q]R3
61 Transit Score
85 Walk Score

Highlights

Prime West Los Angeles Multi-Family Investment Opportunity
Pro Forma $142,938 NOI — 4.08% Cap Rate
2-Story Building with 10 Units and 10 Car Parking
2 Blocks South of Santa Monica Blvd and 4 Blocks West of 405 Freeway

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $142,938 USD (2024)
Cap Rate: 4.08 %
Total Expenses: $79,002 USD

Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Range
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Los Angeles International 16 min - 9.6 mi
Bob Hope 27 min - 18.2 mi
Long Beach (Daugherty Field) 35 min - 27.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Rene Mexia 213-446-2286 Major Properties
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