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Listed by: Alex 'Zan' Sacker (310) 560-1622 DRE #01279796 | Keller Williams Los Angeles (310) 482-2200
$2,575,000
17 Beds
14 Baths
4,444sqft
318 Columbia Ave, Los Angeles, CA 90017
$2,575,000
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Multi Family
Built in 1953
$-- HOA
7,086 sqft lot
$579/sq.ft
Description
Price Reduction! Once in a lifetime 100% Fully Renovated & 100% Fully Occupied 7-unit apartment building with permits cash flowing at an amazing 7.25% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 10.4% Cap Rate and 7.6 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. A...
Continue Reading- Houzeo last checked: 1 Hour ago
- Listing updated: December 12, 2025 at 9:47 pm
- Source: California Regional MLS-CA | MLS#: 25605343
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
25605343
MLS Status
Active
Days on Market
66
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