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    1515 Colorado Blvd Los Angeles, CA 90041

    Sponsored
    For Sale
    Pending
    $1,800,000

    MULTI_FAMILY - Los Angeles, CA

    Property size:
    6,388 SF
    Lot size:
    0.37 Acres
    Days on Market:
    18
    Last Refresh:
    Jan 5 at 4:06 pm

    Property Features for 1515 Colorado Blvd

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Zoning
    LAC4
    Rooms
    Bedroom 9, Bathroom 7, Bedroom 13, Bathroom 3, Bedroom 6, Bedroom 10, Bathroom 2, Bedroom 1, Bathroom 5, Bedroom 11, Bathroom 6, Bedroom 3, Bathroom 1, Bedroom 8, Bedroom 2, Bedroom 14, Bedroom 7, Bedroom 12, Bedroom 4, Bedroom 5, Bathroom 4
    Bedrooms
    14
    Bathrooms
    7
    APN
    5669-012-044
    Parking
    20
    Parking features
    Driveway, Garage, Covered
    Size
    6,388 SF
    Lot size
    0.37 Acres

    Utilities

    Cooling system
    Wall Unit(s)

    Building Details

    Year built
    1963
    Floors in Building
    2
    Number of units
    8

    RE/MAX Commercial & Investment (310) 802-2500 [email protected]

    Listing agent Eric Dilanian (213) 817-1000 License #01951699

    Listing date Dec 19, 2025

    MLS# 25603593 Listing URL

    Copyright © 2025 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Eagle Rock Mixed-Use Investment

    Located in Eagle Rock, this property features seven apartment units and one commercial unit situated on 0.365 acres. The property consists of three separate structures: a seven-unit mid-century building constructed in 1963, featuring two-bedroom and one-bathroom units, and a commercial space built in 1924. The total square footage of the property is 6,388 square feet, with an additional 400-square-foot covered garage. The property is located on Colorado Blvd in a walkable area. One lot is zoned (Q) C4-2D, and the other is zoned both (Q) C4-2D & R1-1; both lots are Tier 4 TOC. The Q Condition prohibits 100% residential development and limits residential density to RD1.5 Zone, subject to the provisions of the Colorado Blvd Corridor Specific Plan. The property is being offered for sale by the original developer's family and is poised for multiple ADU additions on one lot, and residential development potential on the second lot. The property is located near Trader Joes, Cindy's, and Found Coffee, and within minutes to Casa Bianca Pizza, Eagle Rock Italian Bakery, Little Beast, The Oinkster, Capri Club & Walt's Bar.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    G & W Plumbing Plumber

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.198824
    Latitude
    34.139714

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    FAQs

    What type of property is this?
    Mixed-use property - Seven apartment units plus one commercial unit in Eagle Rock.
    Where is this mixed-use property located?
    The property is located at 1515 Colorado Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,800,000.
    What are key features of this property?
    This property features: - Prime Eagle Rock location on Colorado Blvd with a high Walk Score (85), close to shops and restaurants.; - Development potential with Tier 4 TOC designation on two separate parcels, allowing for multiple ADU additions and residential development (buyer to verify).; - Rare 7-unit apartment building with a commercial unit, offering a diverse income stream.
    (213) 817-1000
    Request Owner's contact information
    1515 Colorado Blvd Los Angeles, CA 90041
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    Los Angeles, CA 90041
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1515 Colorado Blvd Los Angeles, CA 90041
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