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8535 Colgate Avenue

Los Angeles, CA 90048

$3,721,750 Sale Price
Est. Payment: $ 0/mo
10
Bed
0
Bath
7,614 Sq. Ft.
$571 / Sq. Ft.
Sold

8535 Colgate Avenue

Los Angeles, CA 90048

Sold
$3,721,750 Sale Price
$0/mo
10
Bed
0
Bath
7,614
Sq. Ft.
1 /
8535 Colgate Ave is AN INCREDIBLE INVESTMENT AND THE ULTIMATE OWNER-OCCUPANT APARTMENT BUILDING. This is a one-of-a-kind property located at the intersection of Beverly Hills and West Hollywood. The property has three VACANT, fully furnished and designer-renovated units! No expense has been spared and no detail missed from the designer wallpaper to the custom-made furniture and right down to the place settings, everything has been done in style. This condo-quality 6-unit apartment building is a truly unique opportunity for an investor or owner-user to acquire a stunning pride of ownership building that's steps from Burton Way and across the street from 8500 Burton, Trader Joe's and the SLS Hotel. The property offers a rare and ideal combination of having undergone an extensive renovation while still maintaining huge rental upside and unlocked value potential. The property also features smart thermostats, mounted televisions, custom window treatments, and built-in modern closets with jewelry drawers! Most units even include a private patio or balcony. There are so many things that set this boutique building apart including the fact that the apartments throughout the building have no shared walls. There are only two apartments per floor with an upgraded elevator that opens to private lobbies. 8535 Colgate is steps from Restaurant Row, Cedars Sinai, the retail on Robertson and the Beverly Center. You will not find a location that's surrounded by more dining, entertainment and nightlife options. The quality of the property and the immaculate location make this a one-of-a-kind opportunity.
PROPERTY INFORMATION
MLS # 23306721 Lot Size 5,197 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 4,350,000
Price Per SqFt: $ 571
DOM 604 Days
Address 8535 Colgate Avenue Type Residential Income
City Los Angeles Sq.Ft. 7,614 Sq. Ft.
Postal Code 90048 Garage N/A
County Los Angeles Year Built 1960
Bed / Bath 10 / 0 Parking 8
Built In 1960 Status Closed
Sold Date 2024-05-07
INTERIOR FEATURES
Has Laundry Yes
Laundry Information Community
Has Appliances Yes
Kitchen Appliances Dishwasher, Refrigerator, Gas Oven
Has Heating Yes
Heating Information Natural Gas
Room Information Formal Entry, Primary Bathroom
Has Cooling Yes
Cooling Information Central Air, Wall/Window Unit(s)
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $4,640
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
05/07/2024 Sold $3,721,750
09/13/2023 Listed $4,350,000
09/07/2023 Sold $4,350,000
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Listing provided courtesy of Bryan Glenn, Kidder Mathews of California, Inc.. 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.
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