Huge 900k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 11.5% Cap Rate and 6.4 GRM after taking into account all constructions costs (~566k assuming $250/SF). All 7 units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.
Property Details
Price:
$2,095,000
MLS #:
26993155
Status:
Active
Beds:
11
Baths:
8
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Oct 1, 2026
Finished Sq Ft:
4,444
Total Sq Ft:
4,444
Lot Size:
7,086 sqft / 0.16 acres (approx)
Year Built:
1953
See this Listing
Schools
Interior
Cooling
Central Air
Flooring
Laminate
Heating
Central
Levels
Multi/Split
Exterior
Architectural Style
Contemporary
Direction Faces
West
Parking Spots
3
Parking Total
3
Stories
2
View
City Lights
Financial
Map
Community
- Address316 Columbia AV Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90017
Subdivisions in Los Angeles
- #5666 lot 114
- 12471
- 32524
- ARLINGTON HEIGHTS TERRACE SUBDIVISION NO. 1
- Bel Air
- BEL AIR CREST
- Biscuit Company Lofts
- Brentwood Country Estates
- Canyon Shores
- Cedar Lodge
- Culver District 16
- Doheny Estates
- Elysian Valley
- Glen Terrace
- Gramercy Park
- Hacienda Tularosa
- Highland Park Extension
- Hollywood Dell
- Koreatown, Los Angeles
- Lago Vista
- Las Collinas Heights
- LE MOYNE TERRACES TRACT NO. 2
- Los Angeles Southwest C 34
- Lucile Court
- Metropolis
- Metropolis Residences
- Nelavida
- North Burbank Blvd./ South Oxnard St./ West Vinela
- Not Applicable – 1007242
- Not Applicable-105
- Ocean Park Villa
- OTHR
- Outpost Estates
- Palisades Country Estates
- Park Place
- Pickford Court
- Savoy
- Silver Strand
- Subdivision Name / Tract: 5609
- The Hollywood Residences
- THE LONGFORD
- The Los Feliz Oaks
- The Ritz Carlton Residences
- The Sanborn Collection
- TRACT NO 28826 CONDOMINIUM UNIT 6
- Tract No. 10636
- Tract No. 8131
- Tract. No. 1033
- Westmont WMON
- Winton & McLeods Figueroa Tract
Market Summary
Current real estate data for Single Family in Los Angeles as of Nov 06, 2026
5,140
Single Family Listed
101
Avg DOM
525
Avg $ / SqFt
$2,001,133
Avg List Price
Property Summary
- 316 Columbia AV Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90017. It is listed for $2,095,000 and features 11 beds, 8 baths, and has approximately 4,444 square feet of living space, and was originally constructed in 1953. The current price per square foot is $471. The average price per square foot for Single Family listings in Los Angeles is $525. The average listing price for Single Family in Los Angeles is $2,001,133.
Similar Listings Nearby
Courtesy of KW Westside Estates. 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 2026. California Regional Multiple Listing Service. All rights reserved.316 Columbia AV
Los Angeles, CA