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Listed by: Alex 'Zan' Sacker (310) 560-1622 DRE #01279796 | KW Westside Estates (310) 482-2200
$2,095,000
Monthly Est:$10,428
17 Beds
14 Baths
4,444sqft
316 Columbia Ave, Los Angeles, CA 90017
$2,095,000
$10,428/moEst:
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Multi Family
Built in 1953
$-- HOA
7,086 sqft lot
$471/sq.ft
Description
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: November 2, 2026 at 7:48 pm
- Source: California Regional MLS-CA | MLS#: 26993155
This condo is in:
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1953
HOA Fees
-
Finished Area
4,444 sqft
Lot Size
7,086 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26993155
MLS Status
Active
Days on Market
33
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 17
Bathrooms: 14
Interior
Flooring
Laminate
Cooling
Central Air
Heating
Central
Construction
Year Built
Year Built: 1953
Home type
Multi Family
Architectural Style
Contemporary
Other Features
Tenant Pays
Electricity, Gas, Trash Collection, Water
Price History
| Date | Event | Price |
|---|---|---|
10/22/2026 Source: | Off Market | $2,095,000 $471/sqft |
10/22/2026 Source: | Listed for Sale | $2,095,000 $471/sqft |
10/01/2026 Source: | Price Decreased | $2,095,000 -6.89% $471/sqft |
07/31/2026 Source: | Listed for Sale | $2,250,000 +2.51% $506/sqft |
07/31/2026 Source: | Off Market | $2,195,000 +119.50% $494/sqft |
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Westlake Ranks #142 in Los Angeles, CA
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Based on information from California Regional Multiple Listing Service, Inc. as of Nov 04, 2026, 03:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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