520 W Colden Avenue Los Angeles, CA 90044

$749,000
520 W Colden Avenue, Los Angeles, CA 90044
OC18148325

Single Family Home for sale in Los Angeles, CA

for $749,000 with 8 bedrooms and 4 full baths. This 2,392 square foot home was built in 2008 on a lot size of 6075.00 Sqft..

Property Information

  • $749,000
  • 8 Bedrooms
  • 4 Full Baths
  • Single Family
  • 2,392 Square Feet
  • Duplex
  • Active
  • Lot size of 6075.00 Sqft.
  • Built in 2008
  • Los Angeles, CA
  • Vermont Vista Neighborhood
  • Los Angeles County
  • MLS/Web ID is OC18148325
  • Just Listed
  • Price Reduced

Description

Priced to sell with Excellent CASH FLOW + ADDITIONAL UPSIDE / DEVELOPMENT POTENTIAL. This income producing duplex is in great condition, is situated within a very strong rental market (NO RENT CONTROL), and has an impressive 8.1% cap rate with SIGNIFICANT additional upside potential to build up to 3 MORE UNITS (making it 5-units in total). The additional upside potential is due to the property's existing zoning (RD2-1), which based on its large 6, 074 SQFT lot allows for up to 3-units by right, with potential for up to 5 total units total since it is located within both the LA State Enterprise Zone as well as the Tier 1 Transit Oriented Community region. Each of the two existing 4-Bedrooms / 2-Bathrooms units has been well-maintained by professional management, and comes fully equipped with dual pane vinyl windows, granite counter tops, wood cabinets throughout, and tile flooring in the kitchens and baths. In short, this is a great investment opportunity for any investor, developer, or owner-occupier who wants to live in one unit and rent out the other. See supplements for financials and zoning documents which are provided for reference (buyer to conduct own investigations to verify the information provided herein).

Interior 5

Appliances

  • Gas Dryer Hookup
  • Washer Hook-up

Building Amenities

  • Laundry

Cooling System

  • Other

Fireplace

  • Fireplace(s)

Water Source

  • Public Water

Exterior 2

Garage

  • 2 Car

Land Improvements

  • Sidewalks

Miscellaneous 1

View

  • Other

† Excluded Feature

Neighborhood & Schools

School District: Los Angeles Unified

 See complete school information

Listed By

Broker: TITAN PACIFIC GROUP INC

520 W Colden Avenue, Los Angeles, CA, 90044 is a Single Family Home for sale at $749,000 with 2,392 sqft and a lot size of 6075.00 Sqft.. 520 W Colden Avenue has 8 bedrooms, 4.0 baths, and was built in 2008. The property's zip code is 90044 which is in Los Angeles, CA

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Pricing History

Date Price Price Change Description
7/13/2018 $749,000 -2.60 % Price Change
6/19/2018 $769,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Los Angeles $2,282,573 205 % above $1,095,000 46 % above
Single family listings in Los Angeles $2,592,750 246 % above $1,269,000 69 % above

Get the facts about Los Angeles, CA!

Population 3,923,251
Population Growth (since 2000) 6 %
Median Income $52,600
Median Age 35.79
Households w/ Children 29 %

Residential Dwellings

  • Owned 531178
  • Vacant 89476
  • Rented 838663

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363