149 W Colden Avenue

Property Overview

2017 Construction! No Rent Control! 149 W Colden Ave is a FULLY VACANT 2-unit multifamily investment opportunity in one of Los Angeles' fastest growing neighborhoods, offered at $1,060,000. Upon stabilization, the property is projected to achieve an attractive 6.68% Cap Rate and a 11.04 GRM. In-place rents are at or near market, offering immediate, stabilized cash flow. Built in 2017, the property totals approximately 3,729 SF on a 5,840 SF lot ($284/SF). The property features a unit mix of (2) 5+3, with 6 on- site parking spaces. Both units will be delivered fully vacant and move-in ready, allowing a new owner to lease at market rents immediately without the challenges of tenant relocation. Once fully leased, the property is projected to generate $8,000 in scheduled monthly rental income. Whether for an investor seeking strong cash flow or an owner- user looking to occupy a unit while maximizing rental income from the remaining unit, 149 W Colden offers exceptional flexibility and upside. 149 W Colden Ave is well positioned in Los Angeles, CA 90003, close to major employment centers, retail corridors and transit, in a rental market characterized by consistent demand and long-term appreciation.

Home Details

Property type: Residential Income - Apartment
Year built: 2017
Lot size: 5,840 sq ft
Parking: 6 spaces
Garage: 6 spaces
Stories: 2
Days on market: 22
Cumulative days on market: 170
MLS status: Active

Features & Amenities

Pool

None

Lot

Zero To One Unit Acre

Community, Schools & Utilities

Utilities

Water: Public
Sewer: PublicSewer

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Location & Neighborhood

Los Angeles, CA 90003

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Frequently Asked Questions About 149 W Colden Avenue

Property type: Residential Income

The current asking price is $1,060,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.

Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 149 W Colden Avenue. Our team will confirm availability and timing.

This property offers the living space reported in the listing. It was built in 2017. Review the listing details and disclosures, then independently verify material features before making a decision.

The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.

Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.

The MLS currently reports the property as Active. It has been listed for 22 days. Status can change, so verify availability before relying on it.