8535 Colgate Avenue
8535 Colgate Avenue
$3,721,750
10
10
7,614
7,614
$489
Sold 5/7/24
Description
8535 Colgate Ave is AN INCREDIBLE INVESTMENT AND THE ULTIMATE OWNER-OCCUPANT APARTMENT BUILDING. This is a one-of-a-kind property located at the intersection of Beverly Hills and West Hollywood. The property has three VACANT, fully furnished and designer-renovated units! No expense has been spared and no detail missed from the designer wallpaper to the custom-made furniture and right down to the place settings, everything has been done in style. This condo-quality 6-unit apartment building is a truly...8535 Colgate Ave is AN INCREDIBLE INVESTMENT AND THE ULTIMATE OWNER-OCCUPANT APARTMENT BUILDING. This is a one-of-a-kind property located at the intersection of Beverly Hills and West Hollywood. The property has three VACANT, fully furnished and designer-renovated units! No expense has been spared and no detail missed from the designer wallpaper to the custom-made furniture and right down to the place settings, everything has been done in style. This condo-quality 6-unit apartment building is a truly unique opportunity for an investor or owner-user to acquire a stunning pride of ownership building that's steps from Burton Way and across the street from 8500 Burton, Trader Joe's and the SLS Hotel. The property offers a rare and ideal combination of having undergone an extensive renovation while still maintaining huge rental upside and unlocked value potential. The property also features smart thermostats, mounted televisions, custom window treatments, and built-in modern closets with jewelry drawers! Most units even include a private patio or balcony. There are so many things that set this boutique building apart including the fact that the apartments throughout the building have no shared walls. There are only two apartments per floor with an upgraded elevator that opens to private lobbies. 8535 Colgate is steps from Restaurant Row, Cedars Sinai, the retail on Robertson and the Beverly Center. You will not find a location that's surrounded by more dining, entertainment and nightlife options. The quality of the property and the immaculate location make this a one-of-a-kind opportunity.
- Listed by Bryan Glenn • DRE #01441095 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 8535 Colgate Avenue
Zoning
LAR3
Parcel Number4334016040
Total Units6.0
Living Area7614
Source Living AreaVendor Enhanced
AreaBeverly Center-Miracle Mile (C19)
Vacancy Rate3
Lot Size Area5197
Location
LISTING UPDATED: 05/08/2024 03:42 PM
Property Details for 8535 Colgate Avenue
Status | Sold |
---|---|
MLS # | 23-306721 |
Days on Market | 154 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | - |
Lot Size | 0.12 AC / 5,197 SF |
County | Los Angeles County |
Building
Location
Building Information for 8535 Colgate Avenue
Stories3Residences6Year Built-Building Size-Lot Size0.12 AC / 5,197 SF
Payment Calculator
$21,686 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 8535 Colgate Avenue
Property History for 8535 Colgate 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 8535 Colgate Avenue
Taxable ValueLand$736,723Additions$539,476Total$1,276,199
Tax Record2023$16,500 ($1,375 / month)
Home Facts
Total Finished SqFt7,614 SqFtAbove Grade Finished SqFt7,614 SqFtLot Size5,197 SqFtStyleMulti-Family Res (5+ Units)Year Built1960ZoningLAR3CountyLOS ANGELESAPN4334-016-040
Schools near 8535 Colgate Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 7 to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 5 |
Rating | School | Distance |
---|---|---|
West Hollywood Opportunity School Public7 to 12 | ||
Fairfax Senior High School Public9 to 12 | ||
West Hollywood Elementary School PublicK 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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