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Image 1 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 2 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 3 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 4 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 5 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 6 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 7 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Image 8 - 322 Columbia Avenue, Los Angeles, CA 90017, USA - House for sale

Home For Sale In Los Angeles, California

322 Columbia Avenue, Los Angeles, CA 90017, USA

Home For Sale In Los Angeles, California

house for sale

4 views

Listed: 04/15/24

322 Columbia Avenue, Los Angeles, CA 90017, USA

11 Bed:

8 Bath:

4,444 Sq Ft Living Area:

Price

$ 2,7M

Sold

Show 6 more

About This House

Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing 6.6% Cap Rate and11.2 GRMfrom day 1! Additionally, there are nearly RTI plans to add 2 detached ADUs to achieve a remarkable 8.7% Cap Rate and8.9 GRMon proforma. All 7 units have been completely remodeled from the studs with permits (3 Vacant) 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 (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas and Electricity. Large7, 084 SF R3-1Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA,and Koreatown.

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