154 East Colden Avenue
154 East Colden Avenue
$850,000
7
3
2,524
2,524
$337
Description
We are pleased to present the opportunity to acquire a triplex in the Broadway-Manchester neighborhood of South Los Angeles. Built originally in 1939 as a duplex, this property is poised to receive a new certificate of occupancy in 2024 for the conversion of the original single-family home into two separate units. This property will feature two vacant 925 square foot units, each with 3-bedrooms and 1-bathroom, and a tenant-occupied 674 square foot 1-bedroom and 1-bathroom unit with a private patio....We are pleased to present the opportunity to acquire a triplex in the Broadway-Manchester neighborhood of South Los Angeles. Built originally in 1939 as a duplex, this property is poised to receive a new certificate of occupancy in 2024 for the conversion of the original single-family home into two separate units. This property will feature two vacant 925 square foot units, each with 3-bedrooms and 1-bathroom, and a tenant-occupied 674 square foot 1-bedroom and 1-bathroom unit with a private patio. Together, they offer a total of 2,524 square feet of rentable space on a 5,410 square foot lot. The newer units are equipped with copper plumbing, updated electrical systems, and a newer roof, which is backed by a 10-year warranty thanks to a recent layer of protective silicone. The one-bedroom unit includes a two-car garage, providing valuable parking and storage space. Outdoor living is enhanced with a spacious shared patio for the three-bedroom units, ideal for relaxation and entertainment. For owner-occupiers, this triplex presents an exceptional opportunity for you to occupy one of the units while immediately generating rental income from the others. Additionally, favorable financing terms are available for owner-occupiers, including options with as low as 5% down, making it an accessible and attractive option for those looking to enter the multifamily ownership market. Essential public transportation options are readily available, with several stops near Main and Colden. Notable nearby attractions include The Forum, SoFi Stadium, Gramercy Park, and the renowned Earvin Magic Johnson Park. Additionally, for those who commute, the property's proximity to the 105 and 110 Freeways ensures easy access to various parts of Greater Los Angeles.
- Listed by Sevak Keshishian • DRE #01887505 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 154 East Colden Avenue
Zoning
LAR2
Parcel Number6052004020
Total Units3.0
Living Area2524
Source Living AreaVendor Enhanced
AreaMetropolitan South (C37)
Vacancy Rate0
Lot Size Area5410
Location
LISTING UPDATED: 04/22/2024 10:01 AM
Property Details for 154 East Colden Avenue
Status | Active |
---|---|
MLS # | 23-338153 |
Days on Market | 142 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1939 |
Lot Size | 0.12 AC / 5,410 SF |
County | Los Angeles County |
Location
Building Information for 154 East Colden Avenue
Stories1Residences-Year Built1939Building Size-Lot Size0.12 AC / 5,410 SF
Payment Calculator
$4,855 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 154 East Colden Avenue
Property History for 154 East Colden Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 154 East Colden Avenue
Taxable ValueLand$118,507Additions$24,845Total$143,352
Tax Record2023$2,590 ($216 / month)
Home Facts
Total Finished SqFt2,524 SqFtAbove Grade Finished SqFt2,524 SqFtStories1Lot Size5,410 SqFtStyleOffice BuildingYear Built1939ZoningLAR2CountyLOS ANGELESAPN6052-004-020
Schools near 154 East Colden Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Charter - | 6 to 8 | |||
Charter - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Ninety-Third Street Elementary School PublicK to 6 | ||
Alliance College-Ready Middle Academy No. 4 Charter6 to 8 | ||
Alain Leroy Locke College Prep Academy Charter9 to 12 | ||
Watts Learning Center CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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