Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    1738 Colby Ave Los Angeles, CA 90025

    Sponsored
    Source: https://www.majorproperties.com
    For Sale
    $3,250,000

    West Los Angeles 10-Unit Apartment Building

    Property size:
    7,055 SF

    Description

    Added:
    Apr 25, 2025
    Days on Market:
    257
    • Value add opportunity! 30% vacant at close of escrow
    • Prime West Los Angeles 10-unit apartment building
    • One studio unit; three 2-bedroom/2-bath units; and six 1-bedroom/1-bath units
    • All units are occupied by the same tenants for over one year, except for 3 recently vacated units that are being left vacant intentionally to allow the buyer to decide how they want to maximize them
    • $148,583 pro forma net annual income; 4.57% pro forma cap rate
    • 10 surface parking spaces
    • Onsite laundry room with washer and dryer
    • Located four blocks west of the San Diego (405) Freeway
    • Two blocks south of Santa Monica Boulevard
    • Adjacent to Santa Monica and Brentwood

    Property Features for 1738 Colby Ave

    General Information

    Property type
    Multifamily properties
    Square Feet
    7,055 SF
    Price / Square Foot
    $460
    Total Parking Spaces
    10
    Elevators
    N/A
    Net Rentable
    7,055 SF
    Lot Size
    8,139 SF

    Building Details

    Year Built
    1966
    Buildings
    1
    Stories
    2
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    State
    California
    Longitude
    -118.4373251
    Latitude
    34.0277115

    Nearby Similar for Sale

    • Sponsored
      $1,450,000
      3,443 SF

      Commercial Sale - Los Angeles, CA

      Contemporary religious facility in Mid-City Los Angeles with flexible spaces.
      3425 W 15Th St, Los Angeles, CA 90019
      View Details
    • Sponsored
      $1,250,000
      1,598 SF

      Commercial Sale - Eagle Rock, CA

      Two-level commercial building in Eagle Rock with parking and modern upgrades.
      1063 Colorado Blvd, Eagle Rock, CA 90041
      View Details
    • Sponsored
      $1,100,000
      4,096 SF

      Industrial - Los Angeles, CA

      Fire-damaged commercial property in urban development zone, ideal for redevelopment.
      7601 S Alameda St, Los Angeles, CA 90001
      View Details
    • Sponsored
      $899,000
      1,763 SF

      Commercial Sale - San Pedro, CA

      Stand-alone commercial building in prime San Pedro location with parking.
      841 W 9Th St, San Pedro, CA 90731
      View Details
    • Sponsored
      $165,000

      Business Opportunity - Los Angeles, CA

      Established flower shop in downtown Los Angeles with high foot traffic.
      515 S Olive St, Los Angeles, CA 90013
      View Details
    • Sponsored
      $165,000

      Business Opportunity - Los Angeles, CA

      Established flower shop in downtown Los Angeles with high foot traffic.
      515 S Olive St, Los Angeles, CA 90013
      View Details
    • Sponsored
      $120,000

      Business Opportunity - Los Angeles, CA

      Turnkey Thai massage business in high-traffic Santa Monica location.
      5465 Santa Monica Blvd, Los Angeles, CA 90029
      View Details
    • Sponsored
      $1,100,000
      4,096 SF

      Industrial - Los Angeles, CA

      Fire-damaged commercial property in urban development zone, ideal for redevelopment.
      7601 S Alameda St, Los Angeles, CA 90001
      View Details
    • $3,099,999
      6,845 SF

      New Construction Fourplex in Mid-City

      Fully leased, high-end fourplex in a desirable Los Angeles location.
      1638 Longwood Ave, Los Angeles, CA 90019
      View Details
    • $1,779,000
      5,218 SF

      New Triplex in Central Los Angeles

      Contemporary triplex near freeways, stadiums, and arenas.
      232 E Gage Ave, Los Angeles, CA 90003
      View Details
    • New
      $1,700,000
      4,631 SF

      Renovated Multifamily Investment Opportunity

      Fully leased, renovated multifamily property in East LA with high cap rate.
      930 Fraser Ave, Los Angeles, CA 90022
      View Details
    • $2,799,000
      7,961 SF

      New Los Angeles Quadruplex Opportunity

      Modern 4-unit property near Downtown Los Angeles with excellent income.
      300 E 25Th St, Los Angeles, CA 90011
      View Details

    FAQs

    What type of property is this?
    Multifamily property - West Los Angeles 10-Unit Apartment Building
    Where is this multifamily property located?
    The property is located at 1738 Colby Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $3,250,000.
    (213) 446-2286
    Request Owner's contact information
    1738 Colby Ave Los Angeles, CA 90025
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1738 Colby Ave
    Los Angeles, CA 90025
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1738 Colby Ave Los Angeles, CA 90025
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.