CA > Los Angeles
Los Angeles, CA 90025,1745 Colby AVE
Los Angeles, CA 90025,1745 Colby AVE
Los Angeles, CA 90025,1745 Colby AVE
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$2,995,000
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8,258 Sqft Lot
Active Under Contract

1745 Colby AVE Los Angeles, CA 90025

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Mason Frakes

Mason Frakes

+1(805) 260-4860

UPDATED:

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID SR25100744

HOA Y/N No

Year Built 1962

Annual Tax Amount $37,894

Tax Year 2024

Lot Size 8,258 Sqft

Property Sub-Type Multi Family

Property Description

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 1.5 years left on it through September 2026. 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.

Location

State CA

County Los Angeles

Area Wla - West Los Angeles

Interior

Heating Central

Cooling Wall/Window Unit(s)

Fireplace No

Laundry Common Area, In Garage

Exterior

Carport Spaces 11

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Roof Type Flat

Present Use Residential,Single Family

Total Parking Spaces 13

Building

Lot Description Back Yard

Story 2

Water Public

Others

Tax ID 4261014022

Acceptable Financing Cash to New Loan, 1031 Exchange

Listing Terms Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Orlando Cruz Brightstone Estate Properties 818-430-4210

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Mason Frakes

Mason Frakes

Broker Associate | License ID: 02036823

+1(805) 260-4860

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