816 W Colden Avenue, Los Angeles, CA 90044

About this triplex

INVESTORS DELIGHT!!!! Are you looking for a Value ADD opportunity with a 6.2% CAP RATE on a large lot of over 10,000 s/f? TOC Tier 2, Zoned LARD2, the possibilities are endless! This special piece of land has the potential to be subdivided into four separate parcels or the possibility to construct 4-5 new units on the existing large lot or the possibility to build up 3 additional units, there is a 45 ft. height restriction. Please verify with Los Angeles City Planning department. Located 10 MINUTES AWAY FROM SOFI STADIUM, THE KIA FORUM, 15 MINUTES FROM LAX AIRPORT, 20 MINUTES to DOWNTOWN LA. 5 MINUTES AWAY FROM FREEWAYS 110,105, 91, 405. A few miles to USC, CLOSE TO PUBLIC TRANSIT, SHOPPING AND MORE! Property Sold AS-IS! DON'T MISS THIS GREAT OPPORTUNITY TO OWN 3 units producing a 6.2% CAP RATE!!!

Listing description from the March 2023 sale, as reported to CRMLS.

Sale history

$830,000

Sold March 2023 · listed $810,000, on market January 2023 · MLS #PW23007810 · Source: CRMLS

Listing Agent: Nakia Holland · Listing Office: Keller Williams Beverly Hills · Contact: 310-432-6400 · Bought with: Jasaan Dabney · Perriott Partners

Explore Los Angeles