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$700,000
11 bed
3,132 Sqft
6,598 Sqft lot

145 W Colden Avenue, Los Angeles, California 90003

  • Residential Income Property Type
  • 27 Days Time on market
  • $223 Price per sqft
  • 1960 Year Built
Property Description

We are pleased to present the exceptional opportunity to acquire a fully occupied 5-unit multifamily property in the Broadway-Manchester neighborhood of South Los Angeles. Built in 1960, this property features (1) 3Bed/1 Bathroom Unit and (4) 2Bed/1 Bathroom Units. Together, they offer a total of 3,132 square feet of rentable space on a 6,596 square foot lot. Security and convenience are paramount, with features such as separate metering for gas and electricity, gated controlled access, and an on-site parking lot with (7) spaces. With an average rent of $980 per unit, this opportunity provides an astute investor the potential to capture 113% upside in rental income as tenants move or relocate. Strategically located just north of West Century Blvd and east of South Broadway, the property enjoys seamless connectivity to the 110 and 105Freeways, facilitating convenient access to all corners of Greater Los Angeles. Tenants are also within a short distance to multiple bus stops along Main St. and Colden Ave.

Basic Details
Residential Income
Buy
24467199
$700,000
11
3,132 Sqft
1960
6,598 Sqft
Active
Condos/Co-ops
Features
: Wall Furnace
7
$0
Address
CA
Los Angeles
Los Angeles
90003
145 W Colden Avenue
145
Avenue
0
W119° 43' 27.9''
N33° 56' 58.1''
W
Additional Information
27
2
2
5
: Two
1
3,132 Sqft
0 Sqft
0 Sqft
0.15 Sqft
6,598 Sqft
1
0 Sqft
LAR2
6053008017
$0
$0
$0
$0
1
$0
$0
0 Sqft
0 Sqft
$0
1
26/11/2024 16:41:38
$0
: Standard
Head south on South Broadway and turn left onto West Colden Avenue. The subject property is located in between South Broadway and South Main Street.
Marcus & Millichap
Sevak Keshishian
CLW-X75151
CLW-C120853
$0
3.12
1
1
0
0
1
1
5
59173
US-06037-N-6053008017-R-N
04/12/2024 19:26:57
Colden
C37 - Metropolitan South
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