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Listed by John Boyett • Datashare CR Default Office Don't Delete
$2,299,000
Est. payment /mo
3,838 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 3,838 sqft
Price per Sqft $599
MLS Listing ID CL25559203
HOA Y/N No
Year Built 1963
Lot Size 6,004 Sqft
Property Sub-Type Other
Source Datashare CLAW
Property Description
We are thrilled to offer an exclusive opportunity to acquire 1619 Colby Avenue, an exceptionally renovated 6-unit opportunity located in the highly desired West Los Angeles market. Built in 1963, this property has been meticulously maintained with five of the six units having gone through extensive remodeling. 1619 Colby Avenue Street contains a blended unit mix of (2) Two Bedroom One Bathroom units (3) One Bedroom One Bathroom units and (1) Studio. The subject property has completed the following capital expenditures, Seismic Retrofit, Plumbing Improvements, and New Water Heater. Nestled west of the 405 and south of Santa Monica Blvd, this prime location offers unparalleled access to the vibrant heart of West Los Angeles and beyond. Tenants of 1619 Colby Avenue will find themselves with no shortage of things to do, with exciting nightlife, exquisite dining options, daily essentials, and diverse retail experiences within close proximity.1619 Colby Avenue offers a rare opportunity to acquire a stabilized, cash-flowing asset, located within one of the most sought-after rental markets in Los Angeles. This investment opportunity is poised for long-term appreciation while also immediately providing investors with steady cash flow.
Location
State CA
County Los Angeles
Interior
Fireplace No
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