1745 Colby Avenue, Los Angeles, CA 90025
- $2,895,000
- Sold Price
- $2,895,000
- List Price
- $2,995,000
- Closing Date
- Dec 31, 2025
- Status
- CLOSED
- MLS#
- SR25100744
- Year Built
- 1962
- Lot Size
- 8,261
- Acres
- 0.19
- Lot Location
- Back Yard
- Days on Market
- 156
- Property Type
- Commercial
- 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.
Additional Information
- Taxes
- $37,894
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Flat
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 55
- Gross Scheduled Income
- $291,600
- Operating Expense
- 89001
Listing courtesy of Listing Agent: Orlando Cruz (orlando@orlandocruz.net) from Listing Office: Brightstone Estate Properties.
Listing sold by Ryan Versfelt from Lyon Stahl Investment Real Estate, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.