x
Address
716 Columbia Avenue Los Angeles, CA
Price
$ 1,400,000
Property Attributes
  • MLS#PW19026941
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90017
  • Style
  • Price$ 1,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage2309
  • Lot Size5,515 SqFt
Listing Provided Courtesy Of:
Chad Gordon with The Gordon Professional Group.
Property Description

GET READY DEVELOPERS: Seldom does the opportunity come to obtain a prime location where this aging residential building sits. Just feet away from bustling 7th street and the ever-growing westward commercial and residential expansion of downtown, this property and its 5,516 square feet of lot space is ready for your vision and creativity. Note that while tax rolls state SFR, property is actually a three unit building comprised of (2) two bed / 1 ba units and (1) one bed / 1 bath unit on the side of the building. Buyer to conduct their own diligence and satisfy themselves on zoning, permits, and suitability for future development. Total current rents equal $2,674 with opportunity for growth if property not developed. Seller is a trust and will sell property as part of a 1031 tax exchange at no additional expense to buyer.

Price History
2/6/2019 Listed $1,400,000

General Features

Attached Structure Attached
Community Features Sidewalks
Directions Near corner of Columbia and 7th St.
HOA Fee 0.00
Levels One
Listagentaor Pacific West
Listing Agent Chad Gordon - BRE#01799864
Listing Agent State License 01799864
MLS Area C42 - Downtown L.A.
Number of Units Leased 3
Price Per Square Foot 606.32
Property Attached Y/N Yes
Source System CRMLS
Special Listing Conditions Standard
Total Units 3
Zoning LAR3

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Inside
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 1

Exterior Features

Building Area Total 2309.00
Garage Spaces 0.00
Lot Features Front Yard, Near Public Transit
Lot Size Acres 0.1266
Lot Size Area 5516.0000
Lot Size Source Assessor
Lot Size Square Feet 5516.00
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 2
Number of Separate Gas Meters 2
Number of Separate Water Meters 1
Pool Features None
Sewer Unknown
Total Parking 2.00
Uncovered Spaces 2.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90017

Price
AVG $1.66M
$1.4M
Visits
AVG 10
21
Year Built
AVG 1924
1890
Walkscore
AVG 91
88
Data Provided by Walkscore ® not using MLS data

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