Property
316 Columbia Avenue is on the market at $2,195,000 (11 bd · 8 ba · 4,444 sqft). See the current listing →
Listing Agent: Alex 'Zan' Sacker (DRE #01279796) · Listing Office: KW Advisors · Contact: 310-482-2200 · Bought with: Alex 'Zan' Sacker · KW Advisors · MLS #20626742 · Source: CRMLS
316 Columbia Avenue sold for $1,000,000 in February 2022, 13% under its $1,149,999 list price, after 500 days on the market. It was first listed at $1,249,999. Across 13 closed sales in 90017 over the last 12 months, the median sold price is $460,000 and the median is $540 per square foot.
| Quarter | Closed sales in 90017 | Median sold price |
|---|---|---|
| Q1 2026 | 3 | $350,000 |
| Q2 2026 | 6 | $684,000 |
| Q3 2026 | 4 | $668,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90017
Situated just a short distance to Echo Park and downtown, sits this opportunity to have a great building in your portfolio to later develop if wanted.With the ability to build up to 15 units on this large lot, there is tremendous potential given its R3 zoning. Currently 6 units total (4 singles and 2 one bedrooms) with no vacancies or late rents all of which being long term. Two separate structures with plenty of onsite parking (8 total spaces). Below market rents with plenty of upside and low operating costs, one could collect rents while applying for permits and plans. With close proximity to Good Samaritan hospital and New Academy of Science and Art, Gratts Elementary and Primary schools, freeways, downtown, Staples Center, L.A. Live etc. Each unit separately metered for gas and electric. DO NOT DISTURB TENANTS.
Listing description from the February 2022 sale, as reported to CRMLS.
MLS-reported closed sales in 90017, nearest first (last 12 months). All recent sales in Los Angeles →
316 Columbia Avenue last sold in February 2022 for $1,000,000, according to CRMLS-reported closed sales.
$1,000,000, 13% below the $1,149,999 list price, after 500 days on the market.
13 homes closed in ZIP 90017 over the last 12 months at a median of $460,000 ($540 per square foot).
Yes — 316 Columbia Avenue is currently on the market at $2,195,000. Open the current listing on Nalren for photos, details and the listing agent.