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.
Property Details
Price:
$700,000
MLS #:
24467199
Status:
Active
Baths:
0
Address:
145 W Colden Avenue
Type:
Residential Income
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Nov 26, 2024
State:
CA
ZIP:
90003
Lot Size:
6,598 sqft / 0.15 acres (approx)
Year Built:
1960
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
None
Heating
Wall Furnace
Exterior
Parking Features
Uncovered, Unassigned
Parking Spots
7.00
Stories Total
2
Financial
Tenant Pays
Gas, Electricity
Map
Community
- Address145 W Colden Avenue Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
Similar Listings Nearby
- 2841 E I Imperial Hwy
Lynwood, CA$905,000
3.41 miles away
- 3534 W 139th Street
Hawthorne, CA$900,000
4.53 miles away
- 242 W 43rd Street
Los Angeles, CA$900,000
3.86 miles away
- 6002 Wall Street
Los Angeles, CA$900,000
2.46 miles away
- 10908 S Figueroa Street
Los Angeles, CA$900,000
0.94 miles away
- 1234 E 76th Street
Los Angeles, CA$900,000
1.98 miles away
- 10418 S Van Ness Avenue
Los Angeles, CA$900,000
2.46 miles away
- 7408 Elsie Street
Los Angeles, CA$900,000
2.18 miles away
- 200 W Slauson Avenue
Los Angeles, CA$900,000
2.72 miles away
- 11460 Copeland Street
Lynwood, CA$900,000
4.27 miles away
Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
145 W Colden Avenue
Los Angeles, CA
LIGHTBOX-IMAGES