816 Colden Avenue
Los Angeles, CA 90044
Sold
INVESTORS DELIGHT!!!! Are you looking for a Value ADD opportunity with a 6.2% CAP RATE on a large lot of over 10,000 s/f? TOC Tier 2, Zoned LARD2, the possibilities are endless! This special piece of land has the potential to be subdivided into four separate parcels or the possibility to construct 4-5 new units on the existing large lot or the possibility to build up 3 additional units, there is a 45 ft. height restriction. Please verify with Los Angeles City Planning department. Located 10 MINUTES AWAY FROM SOFI STADIUM, THE KIA FORUM, 15 MINUTES FROM LAX AIRPORT, 20 MINUTES to DOWNTOWN LA. 5 MINUTES AWAY FROM FREEWAYS 110,105, 91, 405. A few miles to USC, CLOSE TO PUBLIC TRANSIT, SHOPPING AND MORE! Property Sold AS-IS! DON'T MISS THIS GREAT OPPORTUNITY TO OWN 3 units producing a 6.2% CAP RATE!!!
PROPERTY INFORMATION
MLS # | PW23007810 | Lot Size | 10,394 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Triplex |
Price | $ 810,000
Price Per SqFt: $ 312 |
DOM | 837 Days |
Address | 816 Colden Avenue | Type | Residential Income |
City | Los Angeles | Sq.Ft. | 2,599 Sq. Ft. |
Postal Code | 90044 | Garage | N/A |
County | Los Angeles | Year Built | 1924 |
Bed / Bath | 6 / 0 | Parking | 8 |
Built In | 1924 | Status | Closed |
Sold Date | 2023-03-09 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Inside |
Has Fireplace | No |
Fireplace Information | None |
Has Heating | Yes |
Heating Information | Central |
Has Cooling | Yes |
Cooling Information | Central Air |
Flooring Information | Carpet, Laminate, Tile |
EXTERIOR FEATURES
FoundationDetails | Raised |
Has Pool | No |
Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $864
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
03/09/2023 | Sold | $830,000 |
02/10/2023 | Pending | $810,000 |
01/18/2023 | Listed | $810,000 |

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Listing provided courtesy of Nakia Reneau-Holland, Keller Williams Beverly Hills. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.