316 Columbia Ave., Los Angeles, CA 90017 - 20626742 - iPro Real Estate
iPro Real Estate

iPro Real Estate

316 Columbia Ave.
Los Angeles, CA 90017

Active, Multi-Family/Income Sale

For Sale

$1,249,999

Free Professional CMA

Listing ID : 20626742

  • Beds

    1
  • Year

    1953

Description

Situated just a short distance to Echo Park and downtown, sits this opportunity to have a great building in your portfolio to later develop if wanted.With the ability to build up to 15 units on this large lot, there is tremendous potential given its R3 zoning. Currently 6 units total (4 singles and 2 one bedrooms) with no vacancies or late rents all of which being long term. Two separate structures with plenty of onsite parking (8 total spaces). Below market rents with plenty of upside and low operating c

Details

Type: Multi-Family/Income Sale 
County: Los Angeles 
Tax ID: 5153026006
Net Operating Income: $31,143 
Days on Market: 226 
Number of Units: 6 
Property Type: Residential Income 
Roof: Composition 
Sub Type: Multi Family 
Zoning: LAR3 

Show More

Interactive

34.058788 -118.264572 $1,249,999 20626742
316 Columbia Ave., Los Angeles, CA 90017
Directions to here from:

Area Information 90017

Population:

23,081 Up .01% since 2010
Average Income:
$38,844
Average Age:
29Years
Gender:
53.71%Male
46.29%Female
Households:
8,65530.8% with children
Average Value:
$833,987
Occupancy:
4.93%Owned
95.07%Rented
12.9%Vacant
Education:
17.94%High School
3.32%Associate
13.38%Bachelor
5.1%Graduate
Average Residency:
18Years
Crime Rate:
Above Average
Annual Rainfall:
15.04Inches
Earthquake Risk:
Very High
Hurricane Risk:
Very Low
Ozone Risk:
Average
Pollution Risk:
Average
Tornado Risk:
Average

Nearby Schools Los Angeles School Districts

School Name GS Rating Parent Rating Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Rop Center

public • n/a
GS Rating

Parent Rating
Distance

Burlington School

private • PK-3
GS Rating

Parent Rating
Distance
School Name GS Rating Parent Rating Distance

Sal Castro Middle School

public • 6-8
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Rop Center

public • n/a
GS Rating

Parent Rating
Distance

Immaculate Conception

private • K-8
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
School Name GS Rating Parent Rating Distance
GS Rating

Parent Rating
Distance

Belmont Senior High School

public • 9-12
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance
GS Rating

Parent Rating
Distance

Tax Assessments

Value

  • Land $264,856
  • Improvements $146,491

  • Total $411,347

Property Tax

  • 2020 $5,916

Mortgage Calculator

Listed by Alex 'Zan' Sacker with Keller Williams-Santa Monica