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PENDING

827 W Colden Avenue, Los Angeles, CA 90044$1,450,000

3
beds
2
baths
5290
ft2
· 8821
ft2 lot
$274 / ft2

Listing provided courtesy of Sean Rosenzweig, Marcus & Millichap
Source CRMLS;
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I am pleased to present the opportunity to acquire 827 West Colden Avenue, an eight-unit apartment community inLos Angeles. The well-maintained property built in 1958 consists ofsix one-bedroom units and two two-bedroom units.The property is 5,290 square feet, located on an 8,821square foot lot and is walking distance to multiple transit options, facilitating residents the ability to travel throughout Los Angeles. The locationprovides convenient access to daily errands andretail options.The value-add potential for a new owner to upgradethe unrenovated units to achieve superior futurereturns moving forward makes 827 West ColdenAvenue an excellent investment opportunity.

HOA

$0/month

On market

3 months

Year built

1958

Property type

Multi-Family

Parking

8

MLS

21760042

Price / Sq.Ft.

$274 / ft2

Status

Pending

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Home details for 827 W Colden Avenue

Interior Features & Layout
Interior Size
•   
Building Area Total: 5290.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Covered
Building Info
•   
Zoning: LARD1.5
•   
Stories Total: 2
Lot Info
•   
Lot Size Source: Assessor
•   
Lot Size Acres: 0.2025
•   
Lot Size Area: 8821.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 1
•   
Total Units: 8
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 89354.00
•   
Total Expenses: 41732.00
•   
Gross Multiplier: 15.91
Tax/Assessment Info
•   
Gross Income: 91128.00
•   
Tax Year: 2020
•   
Taxes: 2422.86
Lease Info
•   
Net Operating Income: 47622.00
Listing Info
•   
Status: Pending
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1003.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 2
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 2006.00
Unit 1 Information
•   
Unit 1 Bedrooms: 1
•   
Unit 1 Total Units: 6
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 931.00
•   
Unit 1 Total Rent: 5588.00
Multi Unit Information
•   
# Of Units: 13
School Neighborhood & Directions
School Info
•   
Directions: 827 West Colden Avenue is situated justnorth of Century Boulevard in a dense infill pocket ofLos Angeles.
Other
Calculation
•   
Dom: 99

Neighborhood snapshot

Flyhomes
California
Los Angeles County
Los Angeles
South Central
99
Properties for sale
14
Median days on market
$430.44
Median sold price/sqft
101.26%
Sold/List %
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Property History for 827 W Colden Avenue

10/19/2021
10/19/2021
CRMLS #21760042
pending
CRMLS #21760042
$1,450,000
07/13/2021
07/13/2021
CRMLS #21760042
active
CRMLS #21760042
$1,450,000

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