2561 Colorado Boulevard, Los Angeles, CA 90041
- $2,100,000
- List Price
- $2,100,000
- Price Change
- ▼ $50,000 1775802818
- Status
- ACTIVE
- MLS#
- V1-35343
- Year Built
- 1940
- Lot Size
- 7,505
- Acres
- 0.17
- Lot Location
- Sprinklers None
- Days on Market
- 132
- Property Type
- Multifamily
- Neighborhood
- Other
Property Description
11-unit apartment complex ideally situated in the heart of Eagle Rock, directly across from Eagle Rock Center, presenting a compelling investment opportunity. The property is fully occupied with stable rental income in place.Strategically located with convenient access to the 2 and 134 freeways, as well as premier shopping, dining, and local schools. Several units have undergone recent updates, offering upside potential for further value enhancement.Zoned C4, providing flexibility for a range of commercial and residential uses (buyer to verify with the City of Los Angeles). The unit mix includes studios, one 3-bedroom unit, and two separate 2-bedroom units, catering to a diverse tenant base.
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Additional Information
- Pool Description
- None
- Heat
- None
- Cooling Description
- None
- View
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Gross Scheduled Income
- $181,476
- Operating Expense
- 75885
Listing courtesy of Listing Agent: Byron Wood (byron.wood@sothebyshomes.com) from Listing Office: Sotheby's International Realty.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.