1658 Colby Avenue, Los Angeles, CA 90025

Local realty services provided by:ERA North Orange County Real Estate
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1658 Colby Avenue,Los Angeles, CA 90025
$2,500,000
  • 7 Beds
  • 9 Baths
  • 5,464 sq. ft.
  • Multi-family
  • Pending
Listed by:susan lau
Office:coldwell banker realty
MLS#:25554857
Source:CRMLS

Price summary

  • Price:$2,500,000
  • Price per sq. ft.:$457.54

About this home

1658 Colby Ave presents a rare opportunity to acquire a well-maintained 7-unit multifamily asset in the heart of West Los Angeles. The property features a DESIRABLE UNIT MIX: one 3-bedroom + 2.5-bath unit, four 1-bedroom + 1-bath units, one studio unit, and one bachelor unit. The required SEISMIC RETROFITTING has been COMPLETED, and a brand-new ELECTRICAL UPDATE was completed in 2025. Plumbing is MOSTLY COPPER, and some units have been updated. Priced at $2,500,000, the property offers investors stable cash flow with significant VALUE-ADD potential over 42% RENTAL UPSIDE. It is being offered at a current GRM of 14.07, with a proforma GRM of 9.92 and a proforma CAP rate EXCEEDING 7%, highlighting the strong income growth achievable through rent adjustments as units turn.Additional features include 7 on-site parking spaces and owned on-site laundry. Located in prime West Los Angeles, just steps from the vibrant Sawtelle Japantown, the property boasts an excellent Walk Score, offering

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Home facts

  • Year built:1967
  • Listing Id #:25554857
  • Added:59 day(s) ago
  • Updated:August 18, 2025 at 07:33 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:9
  • Living area:5,464 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

Structure and exterior

  • Year built:1967
  • Building area:5,464 sq. ft.
  • Lot area:0.13 Acres

Finances and disclosures

  • Price:$2,500,000
  • Price per sq. ft.:$457.54
Based on information from California Regional Multiple Listing Service, Inc. as of August 18, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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