2561 Colorado Boulevard, Los Angeles, CA 90041

$2,100,000

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List Price
$2,100,000
Price Change
▼ $50,000 1775802378
Status
ACTIVE
MLS#
V1-35343
Year Built
1940
Lot Size
7,505
Lot Location
Sprinklers None
Days on Market
143
Property Type
Multifamily
Stories
1
Neighborhood
Other

Property Description

11-unit apartment complex ideally situated in the heart of Eagle Rock, directly across from Eagle Rock Center, presenting a compelling investment opportunity. The property is fully occupied with stable rental income in place. Strategically located with convenient access to the 2 and 134 freeways, as well as premier shopping, dining, and local schools. Several units have undergone recent updates, offering upside potential for further value enhancement. Zoned C4, providing flexibility for a range of commercial and residential uses (buyer to verify with the City of Los Angeles). The unit mix includes studios, one 3-bedroom unit, and two separate 2-bedroom units, catering to a diverse tenant base.

Additional Information

Land Lease Type
Fee
Lot Description
Sprinklers None
Fireplace Description
None
View
None
Parking
None

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Calculator source: Real Geeks

Listing courtesy of Sotheby's International Realty.