826 W Colden Avenue, Los Angeles, CA 90044$1,949,000
$347 / ft2
Listing provided courtesy of Jordan Peikin, Clement Partners Real Estate
826 W Colden Ave is a non-rent controlled 6-unit property located in the rapidly developing area of South Los Angeles. The property consists of four 2+1's and two 4+2 units. All six units have been tastefully renovated, including stainless steel appliances and reimagined kitchens and bathrooms. Additionally, the property is fully parked and is individually metered for gas and electricity. There is also on-site laundry with owned machines for extra income. Most importantly, all tenants receive Section 8 assistance providing the Landlord with complete rental collection security. 826 W Colden Ave is central to major employment, freeways, and points of interest alike. Most errands can be accomplished by foot or with a short car ride. Moreover, the property lies a mere 2.9 miles from the brand new SoFi Stadium Development, 4.5 miles from the LA Memorial Coliseum and University of Southern California campus, and 6.1 miles from LA International Airport. Tenants with young children will enjoy walking them across the street to Ninety-Fifth Street Elementary and the 3 minute drive to Algin Sutton Recreation Center. This is an excellent opportunity to acquire an investment property with steady and reliable cash flow without the hassle of LA City Rent Control restrictions.