Back to search
No photo
318 Columbia Avenue Los Angeles, CA $ 2,495,000
Share Save
$ 2,495,000 Get more info
318 Columbia Avenue
$ 2,495,000
Back to search
Recently Listed
Share Save

318 Columbia Avenue

Los Angeles, CA, 90017
$ 2,495,000
Bedrooms11 Baths1.0 Sq 4,444

Monthly Estimate*

$ 15,362

Listed by KW Westside Estates
​
View a Virtual Tour

Multi-Family Home for sale in Los Angeles, CA

for $2,495,000 with 11 bedrooms and 1 full bath. This 4,444 square foot home was built in 1953 on a lot size of 0.1627.

Huge 500k Price Reduction! Once in a lifetime 100% Fully Renovated & 100% Fully Occupied 7-unit apartment building with permits cash flowing at an amazing 7.5% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 10.6% Cap Rate and 7.4 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.

See more
Multi-Family Active

Price

$ 2,495,000

Bedrooms

11

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1627

Year Built

1953

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26648217

Days on Market

1
Features
General
Living Area 4444
Heating Central
Cooling Central Air
Zoning LAR3
Architectural Style Contemporary
Year Built 1953
Tenant Pays Electricity Gas Trash Collection Water
View City Lights
Levels Multi/Split
Gross Income 249431
County Los Angeles
Net Operating Income 186775
New Construction false
Property Type Residential Income
HOA false
Attached Garage false
Facing Direction West
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Just south of 3rd Street
City Los Angeles
Senior Community Y/N false
Number Of Units Total 7
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 7086
Standard Status Active
Cap Rate 7.5
See more
Interior
Flooring Laminate
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 11
Total Baths 8
See more
Exterior
Total Parking 3
Lot Size Area 7086
Number of Buildings 2
Building Area Total 4444
Lot Size Acres 0.1627
See more
* Excluded Features
List By
Kw Westside Estates

Broker

zan@sackerlovell.com

Email

Affordability Calculator

$15,362
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,362
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/6/2026$2,495,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

318 Columbia Avenue, Los Angeles, CA, 90017 is a Multi-Family Home for sale at $2,495,000 with 4,444 sqft and a lot size of 0.1627. 318 Columbia Avenue has 11 bedrooms, 1.0 baths, and was built in 1953. The property's zip code is 90017 which is in Los Angeles, CA

Get more info