Sold
325 Columbia Avenue
Los Angeles CA, 90017
$4,500,000
$269.03 per sqft
Sold
35 Baths
16,727 sqft
Residential
Built in 1922
Listed by Mark Konopaske with Mark Konopaske 213-220-9800
We are pleased to present 325 Columbia Avenue, a 35 unit, 16,727sf apartment building located in the Westlake neighborhood of Los Angeles. Built in 1922, the Subject Property contains 35 Studio apartments and boasts 22 off-streeet parking spaces, a rare amenity in this neighborhood.The Subject Property's curb appeal and amenities are comparable to other similarly aged apartment properties in the vicinity. New ownership has the opportunity to capture additional upside in rents through unit turnover, parking income and the installation of a RUBS program. Westlake/City West, located right outside Downtown's employment hub, is a bustling neighbor- hood with a rapidly gentrifying demographic. Westlake/City West is adjacent to other notable neighborhoods, including Echo Park, Pico Union, Downtown and Koreatown. The subject proper- ty's location is ideal as it is walking distance to thousands of jobs, transportation options and retail and dining amenities. Enjoying a Walk Score of 89 and Transportation Score of 90 means tenants can easily accomplish most errands and tasks on foot and have access to numerous public transportation options nearby.
22176043
MLSⓇ ID
July 6, 2022
Listed
March 23, 2024
Updated
Map
325 Columbia Avenue
Los Angeles CA, 90017
Interior Features
Total Stories
3
Bathrooms
35 Baths
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.41 Acres
Other Property Details
Area Name
C42 - Downtown L.A.
Days on Market
33
Garage
Yes
Garage Spaces
2
Parking
None
Parking Total
22
View
No
County
Los Angeles
Pool
No
Zoning
LAR4
Buyer Agency Compensation
2.5%
Listing Contact: 213-220-9800
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:50 AM UTC