318 Columbia Avenue Los Angeles, CA ^$ 2,575,000

318 Columbia Avenue

^$ 2,575,000

Back to search

318 Columbia Avenue

Los Angeles, CA, 90017

^$ 2,575,000

Studio Baths0.0 Sq 4,444

Monthly Estimate*

^$ 16,065

318 Columbia Avenue, Los Angeles, CA 90017 - Image 1

318 Columbia Avenue, Los Angeles, CA 90017 - Image 2

318 Columbia Avenue, Los Angeles, CA 90017 - Image 3

318 Columbia Avenue, Los Angeles, CA 90017 - Image 4

318 Columbia Avenue, Los Angeles, CA 90017 - Image 5

318 Columbia Avenue, Los Angeles, CA 90017 - Image 6

318 Columbia Avenue, Los Angeles, CA 90017 - Image 7

318 Columbia Avenue, Los Angeles, CA 90017 - Image 8

318 Columbia Avenue, Los Angeles, CA 90017 - Image 9

318 Columbia Avenue, Los Angeles, CA 90017 - Image 10

318 Columbia Avenue, Los Angeles, CA 90017 - Image 11

318 Columbia Avenue, Los Angeles, CA 90017 - Image 12

318 Columbia Avenue, Los Angeles, CA 90017 - Image 13

318 Columbia Avenue, Los Angeles, CA 90017 - Image 14

318 Columbia Avenue, Los Angeles, CA 90017 - Image 15

318 Columbia Avenue, Los Angeles, CA 90017 - Image 16

318 Columbia Avenue, Los Angeles, CA 90017 - Image 17

Studio

Multi-Family Home for sale in Los Angeles, CA

for $2,575,000. This 4,444 square foot home was built in 1953 on a lot size of 0.16.

Price Reduction! Once in a lifetime 100% Fully Renovated & 100% Fully Occupied 7-unit apartment building with permits cash flowing at an amazing 7.25% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 10.4% Cap Rate and 7.6 GRM after taking into account all constructions costs (~566k assuming $250/SF). All 7 units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.

Multi-Family Active

Price

^$ 2,575,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Contemporary

Lot Size

0.16

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025605343

Features

General

Living Area 4444.0

Heating Central

Cooling Central Air

Zoning LAR3

Architectural Style Contemporary

Year Built 1953

Tenant Pays Electricity Water Trash Collection Gas

View City Lights

Levels Multi/Split

County Los Angeles

Net Operating Income 186775.0

New Construction No

Property Type C

HOA No

Facing Direction West

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area C42 - Downtown L.A.

Lot Size Units Square Feet

Lot Size Square Feet 7086.0

Standard Status Active

Interior

Flooring Laminate

Total Stories 2

Air Conditioning Y/N Yes

Heating Y/N Yes

Total Baths 0

Exterior

Lot Size Area 7086.0

Pool Y/N? Yes

Building Area Total 4444.0

Lot Size Acres 0.16

Land Lease Type Fee

* Excluded Features

List By

Alex 'Zan' Sacker

Listing Agent

Keller Williams Los Angeles

Broker

Affordability Calculator

$16,065

Per Month

Monthly Principal & Interest: $16,065
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,904,395

Percent of Sale Price 26%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2025	$2,575,000	-2.83%	Price Down
10/14/2025	$2,650,000		Listed Price

Map

More homes like this one

homes for you

See all

318 Columbia Avenue, Los Angeles, CA, 90017 is a Multi-Family Home for sale at $2,575,000 with 4,444 sqft and a lot size of 0.16. 318 Columbia Avenue is a studio with 0.0 baths and was built in 1953. The property's zip code is 90017 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 12/3/2025. 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

318 Columbia Avenue

Multi-Family Home for sale in Los Angeles, CA

Affordability Calculator

Map

More homes like this one

Get more info about this home