We are pleased to present 325 Columbia Avenue, a 35 unit, 16,727sf apartment building located in the Westlake neighborhood of Los Angeles. Built in 1922, the Subject Property contains 35 Studio apartments and boasts 22 off-streeet parking spaces, a rare amenity in this neighborhood.The Subject Property's curb appeal and amenities are comparable to other similarly aged apartment properties in the vicinity. New ownership has the opportunity to capture additional upside in rents through unit turnover, parking income and the installation of a RUBS program. Westlake/City West, located right outside Downtown's employment hub, is a bustling neighbor- hood with a rapidly gentrifying demographic. Westlake/City West is adjacent to other notable neighborhoods, including Echo Park, Pico Union, Downtown and Koreatown. The subject proper- ty's location is ideal as it is walking distance to thousands of jobs, transportation options and retail and dining amenities. Enjoying a Walk Score of 89 and Transportation Score of 90 means tenants can easily accomplish most errands and tasks on foot and have access to numerous public transportation options nearby.
|
DAYS ON MARKET
|
84
|
LAST UPDATED
|
9/29/2022
|
|
YEAR BUILT
|
1922
|
COMMUNITY
|
Downtown L.A.
|
|
GARAGE SPACES
|
2.0
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COUNTY
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Los Angeles
|
|
STATUS
|
Sold
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PROPERTY TYPE(S)
|
Residential Income
|
| AIR |
None |
| AREA |
Downtown L.A. |
| GARAGE |
None, Yes |
| HEAT |
Wall Furnace |
| LOT |
0.41 acre(s) |
| PARKING |
None |
| STORIES |
3 |
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Listed with Mark Konopaske
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 4/25/24 5:19 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
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