List Search

372 Columbia Ave
Los Angeles, CA 90017 Westlake North

$3,050,000 USD

Apartments For Sale  •  14,983 SF

Property Details

  • Property Type Apartments
  • Total Building Size 14,983 SF
  • Lot Size 0.52 AC
  • Building Class C
  • Year Built 1940
  • Cap Rate 5.10 %
  • Zoning LAR3
92 Transit Score
91 Walk Score

Highlights

372 Columbia Avenue is a charming 18-unit garden-style apartment community in Westlake (90017).
Westlake is centrally located and adjacent to Downtown Los Angeles, MacArthur Park, Rampart Village, Echo Park, Koreatown, and Wilshire Center
Westlake is the 5th most walkable neighborhood in LA, with a Walk Score of 91 and Transit Score of 92 offering premium access to public transportation
Current ownership has performed capital expenditures such as the replacement of building staircase railings, new roof and voluntary foundation upgrade
On-grade parking provided for approximately 19 vehicles accessed through a gated driveway

Property Flyers

Financial Summary (Actual)

Net Operating Income: $156,354 USD (2023)
Cap Rate: 5.10 %
Total Expenses: $136,250 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak) 6 min - 2.5 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.6 mi
Transit/SubwayDriveWalkDistance
Westlake/Macarthur Park Station (Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 16 min 0.9 mi
7Th Street/Metro Center Station (Blue Line - Los Angeles County Metropolitan Transportation Authority (Metro), Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro), Purple Line - Los Angeles County Metropolitan Transportation Authority (Metro), Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 17 min 0.9 mi
Grand Ave Arts / Bunker Hill Station (Metro A-Line - Metro - Los Angeles, Metro E-Line - Metro - Los Angeles) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Bob Hope 24 min - 13.8 mi
Los Angeles International 25 min - 14.8 mi
Long Beach (Daugherty Field) 31 min - 23.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Rich Johns 213-305-9026 KW Commercial
Rich Johns 213-305-9026 KW Commercial