1515 Colorado BL
Los Angeles, CA, 90041
$1,800,000
14 Beds
7 Baths
6,388 SqFt
0.36 Acres
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We are proud to present an exceptional investment opportunity in Prime Eagle Rock: A rare 7-unit apartment + 1 commercial unit on 2 separate parcels sprawled across 15,882 Square Feet of Land located in the highly sought-after neighborhood of Eagle Rock on famous Colorado Blvd. The property is being offered for sale by the original developer’s family and is poised for multiple ADU additions on one lot, and residential development potential on the second lot, with both lots designated in Tier 4 TOC Buyer to Verify. The property consists of 3 separate structures across both lots: a (7) Unit Mid-Century Building built in 1963, boasting an incredible unit mix of 100% Two Bedroom & 1 Bathroom units and a commercial space built in 1924 with a total square footage of 6,388 SF and a 400 SF Covered Garage. 1513Colorado is zoned (Q) C4-2D, and 1515 Colorado is zoned both (Q) C4-2D & R1-1 both Lots are Tier 4 TOC. Q Condition: 100% residential development prohibited, Residential Density Limited to RD1.5 Zone, Subject to the provisions of the Colorado Blvd Corridor Specific Plan. Strategically located in the heart of Eagle Rock, this property boasts a Walk Score of 85 (“Very Walkable”), where most errands can be completed on foot. It’s just steps away from Trader Joes, Cindy’s, Found Coffee, and within minutes to Eagle Rock favorites: Casa Bianca Pizza, Eagle Rock Italian Bakery, Little Beast, and The Oinkster, Capri Club & Walt’s Bar. **Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & Q Condition, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY-DRIVE BY ONLY **

Property Details

Price:
$1,800,000
MLS #:
25603593
Status:
Pending
Beds:
14
Baths:
7
Type:
Single Family
Neighborhood:
618eaglerock
Listed Date:
Oct 9, 2025
Finished Sq Ft:
6,388
Total Sq Ft:
6,388
Lot Size:
15,882 sqft / 0.36 acres (approx)
Year Built:
1963
618 – Eagle Rock618eaglerock

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Schools

Interior

Heating
WL
Laundry Features
CM

Exterior

Parking Spots
20

Financial

Gross Operating Income
$167,400
Net Operating Income
$106,280

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Jan 20, 2026
2,289
Single Family Listed
54
Avg DOM
928
Avg $ / SqFt
$1,933,037
Avg List Price

Property Summary

    1515 Colorado BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90041. It is listed for $1,800,000 and features 14 beds, 7 baths, and has approximately 6,388 square feet of living space, and was originally constructed in 1963. The current price per square foot is $282. The average price per square foot for Single Family listings in Los Angeles is $928. The average listing price for Single Family in Los Angeles is $1,933,037.

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Los Angeles, CA