Recently Viewed Properties
See This Home
Save This Listing
Close

$2,440,000

  • Sold
  • Closed
  • Multi-Family
  • 7 Total Beds
See This Home
Save This Home
See This Home
Save This Home
1658 Colby Ave presents a rare opportunity to acquire a well-maintained 7-unit multifamily asset in the heart of West Los Angeles. The property features a DESIRABLE UNIT MIX: one 3-bedroom + 2.5-bath unit, four 1-bedroom + 1-bath units, one studio unit, and one bachelor unit. The required SEISMIC RETROFITTING has been COMPLETED, and a brand-new ELECTRICAL UPDATE was completed in 2025. Plumbing is MOSTLY COPPER, and some units have been updated. Priced at $2,500,000, the property offers investors stable cash flow with significant VALUE-ADD potential over 42% RENTAL UPSIDE. It is being offered at a current GRM of 14.07, with a proforma GRM of 9.92 and a proforma CAP rate EXCEEDING 7%, highlighting the strong income growth achievable through rent adjustments as units turn.Additional features include 7 on-site parking spaces and owned on-site laundry. Located in prime West Los Angeles, just steps from the vibrant Sawtelle Japantown, the property boasts an excellent Walk Score, offering tenants convenient access to renowned dining, shopping, and entertainment a highly desirable location that supports strong rental demand. Full OM available.

Full Property Details for 1658 Colby Ave

General

  • Sold For: $2,440,000
  • Status: Closed
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 25554857
  • Added to Site: 255 day(s) ago

Interior

  • Cooking Appliances: Oven
  • Flooring: Carpet, Mixed, Tile, Wood Laminate

Rooms

Bathrooms

  • Total Bathrooms: 9

Bedrooms

  • Total Bedrooms: 7

Other Rooms

  • Laundry: Community

Additional Information

  • Security/Safety: Gated
  • Other Features: None

Parking

  • Covered Spaces: 7
  • Garage Description: Carport Attached

Location

  • Area: West L.A.
  • County: Los Angeles
  • Cross Streets: Santa Monica Blvd
  • Driving Directions: South of Santa Monica Blvd between Butler Avenue and Federal Avenue.
  • Direction Faces: East

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Other, Wall

Utilities

  • Sewer: In Street
  • Water: Public

Structural Information

  • # Buildings: 1
  • Architectural Style: Mid-Century
  • Stories/Levels: 2
  • Square Feet: 5,464
  • Sq. Ft. Source: Assessor
  • Year Built: 1967
  • Year Built Source: Assessor
  • Other Struct. Feat.: Balcony

Unit Information

  • Units in Complex: 7
  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112

Unit 1

  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 5

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 6

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 7

  • Total Bathrooms: 1
  • Bedrooms: 1

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: City
  • Lot Size (Acres): 0.1263
  • Lot Size: 5500
  • Lot Size Source: Assessor
  • Alley: Yes
  • Lot Features: City
  • Zoning: LAR3

Financial Considerations

  • Price Per Sq. Ft.: $457.54
  • Assessment Year: 1967
  • Owner Pays: Water, Gardener
  • Tenant Pays: Gas, Electricity, Cable TV

Disclosures and Reports

  • Disclosures/Reports: None
  • APN: 4261-012-021

Meet the listing agents

Meet the listing agents
— 1658 Colby Ave —

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1658 Colby Ave

School District:Los Angeles Unified School District
NameGradesDistance
Nora Sterry Elementary School
1730 Corinth Avenue, Los Angeles, CA 90025
K-50.2 mi
Daniel Webster Middle School
11330 Graham Place, Los Angeles, CA 90064
7-81.3 mi
University Senior High School Charter
11800 Texas Avenue, Los Angeles, CA 90025
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1658 Colby Ave

Date
Details
Price
Change
Source
9/24/2025
Sold
$2,440,000
-2.4%
MLS
6/19/2025
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Similar Properties near 1658 Colby Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

51 Thornton Ave, Venice, CA 90291 - Photo 1 Just Listed
$2,495,000

51 Thornton Ave  Venice, CA 90291

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 8
    Total Beds
1807 Montana St, Los Angeles, CA 90026 - Photo 1
$2,500,000

1807 Montana St  Los Angeles, CA 90026

  • Multi-Family
  • Active
  • Updated 2 days ago
  • 8
    Total Beds
1025 Pleasant View Ave, Venice, CA 90291 - Photo 1
$2,900,000

1025 Pleasant View Ave  Venice, CA 90291

  • Multi-Family
  • Active
  • 8
    Total Beds
3766 S Canfield Ave, Los Angeles, CA 90034 - Photo 1
$2,550,000

3766 S Canfield Ave  Los Angeles, CA 90034

  • Multi-Family
  • Active
  • 6
    Total Beds

Just Listed near 1658 Colby Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1565 Parmer, Echo Park, CA 90026 - Photo 1 Just Listed
$950,000
Open House

1565 Parmer  Echo Park, CA 90026

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 1
    Total Bath
  • 759
    Sq. Ft.
4081 Broadway, Huntington Park, CA 90255 - Photo 1 Just Listed
$725,000
Open House

4081 Broadway  Huntington Park, CA 90255

  • Single Family
  • Active
  • Updated 1 day ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,060
    Sq. Ft.
3326 3326 1/2 Broadway, Huntington Park, CA 90255 - Photo 1 Just Listed
$789,900

3326 3326 1/2 Broadway  Huntington Park, CA 90255

  • Multi-Family
  • Active
  • Updated 1 day ago
5720 E Beverly, East Los Angeles, CA 90022 - Photo 1 Just Listed
$999,999

5720 E Beverly  East Los Angeles, CA 90022

  • Commercial
  • Active
  • Updated 1 day ago
  • 1,608
    Sq. Ft.
  • 0.0527
    Acres

Price Reduced near 1658 Colby Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1432 Kellam, Echo Park, CA 90026 - Photo 1 Price Reduced
-$45,000 (-1.5%)
$2,950,000
Open House

1432 Kellam  Echo Park, CA 90026

  • Single Family
  • Active
  • Updated 2 days ago
  • 6
    Beds
  • 5
    Total Baths
  • 4,179
    Sq. Ft.
2455 E 52nd St, Vernon, CA 90058 - Photo 1 Price Reduced
-$51,000 (-6%)
$799,000

2455 E 52nd St  Vernon, CA 90058

  • Industrial
  • Active
  • Updated 6 days ago
  • 3,706
    Sq. Ft.
1192 E 48th, East Los Angeles, CA 90011 - Photo 1 Price Reduced
-$5,000 (-0.48%)
$1,045,000

1192 E 48th  East Los Angeles, CA 90011

  • Single Family
  • Active
  • Updated 6 days ago
  • 10
    Beds
  • 6
    Total Baths
  • 3,769
    Sq. Ft.
1006 Van Pelt, East Los Angeles, CA 90063 - Photo 1 Price Reduced
-$100 (-0.01%)
$748,900
Open House

1006 Van Pelt  East Los Angeles, CA 90063

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,182
    Sq. Ft.

Recent Sales near 1658 Colby Ave

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1619 Colby Ave, Los Angeles, CA 90025 - Photo 1 Sold
$2,195,000

1619 Colby Ave  Los Angeles, CA 90025

  • Multi-Family
  • Closed
  • 7
    Total Beds
11727 Ohio, Los Angeles, CA 90025 - Photo 1 Sold
$2,597,000

11727 Ohio  Los Angeles, CA 90025

  • Multi-Family
  • Closed
  • Updated 9 days ago
2017 Butler Ave, Los Angeles, CA 90025 - Photo 1 Sold
$2,300,000

2017 Butler Ave  Los Angeles, CA 90025

  • Multi-Family
  • Closed
  • 6
    Total Beds
Listed by Carolyn LoBuglio (CalRE#: 01925815)
2108 Barry Ave, Los Angeles, CA 90025 - Photo 1 Sold
$2,800,000

2108 Barry Ave  Los Angeles, CA 90025

  • Townhouse
  • Closed
  • 4
    Beds
  • 4
    Total Baths
  • 3,350
    Sq. Ft.

1658 Colby Ave, Los Angeles, CA 90025 (MLS# 25554857) is a Multi-Family property that was sold at $2,440,000 on September 24, 2025. This property was listed by Susan Lau from our Brentwood Office.Want to learn more about 1658 Colby Ave? Do you have questions about finding other Multi-Family real estate for sale in West Los Angeles? You can browse all West Los Angeles real estate or contact a Coldwell Banker agent to request more information.