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Listed by: Alex 'Zan' Sacker (310) 560-1622 DRE #01279796 | KW Westside Estates (310) 482-2200
$2,250,000
17 Beds
14 Baths
4,444sqft
318 Columbia Ave, Los Angeles, CA 90017
$2,250,000
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Multi Family
Built in 1953
$-- HOA
7,086 sqft lot
$506/sq.ft
Description
Huge 750k 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 11.6% Cap Rate and 6.8 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. Addition...
Continue Reading- Houzeo last checked: 5 hours ago
- Listing updated: August 11, 2026 at 8:12 pm
- Source: California Regional MLS-CA | MLS#: 26866465
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
26866465
MLS Status
Active
Days on Market
22
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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