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Property Description
10 unit residential income property in the heart of the Sawtelle neighborhood of West Los Angeles. Easy access to freeways, shopping, UCLA and Santa Monica College with almost no vacancy over the past 10 years. Most units have been updated and have hardwood floors and window A/C units. Property has been retrofited to comply with LA City soft story earthquake upgrade requirements. Pool, laundry machines and open spaces in the building. Building has 13 parking spaces (including 6 tandem) and lots of storage. Please look in the supplements area for the Offering Memorandum which will answer 99% of your questions before calling LO. Current existing $1.4M 5 year 3% APR mortgage is assumable subject to lender fees and requirements with 1.5 years left on it through September 2026. Please do not disturb occupants. Please review the attached offering memorandum before calling or texting to request this information. Showings on accepted offers only. Buyer to cooperate with Seller's 1031 exchange.
Full Property Details
Full Property Details for 1745 Colby Ave
General
- Taxes: $37,894 (2024)
- Status: Closed
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: SR25100744
- Added to Site: 333 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Community, In Garage
Parking
- Uncovered Spaces: 2
Location
- County: Los Angeles
- Driving Directions: S of Santa Monica Blvd West of Sawtelle
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Central
Utilities
- Utility Description: Electricity Connected, Natural Gas Connected, Water Connected
Structural Information
- Roof: Flat
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 7540
- Square Feet: 7,540
- Current Bldg. Use: Residential
- Year Built: 1962
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.1896
- Useable Acres: .1896
- Lot Size (Sq. Ft.): 8,261
- Lot Size Source: Assessor
- Lot Features: Back Yard
- Lot Description: Back Yard
Financial Considerations
- Price Per Sq. Ft.: $383
- Expenses: $89,001
- Operating Expenses: $89,001
- Tax Amount: $37,894
- Tax Year: 2024
Disclosures and Reports
- Investment: Yes
- Property ID: 4261014022
Listed by Brightstone Estate Properties, OrlandoCruz
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Schools
Schools serving 1745 Colby Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Nora Sterry Elementary School 1730 Corinth Avenue, Los Angeles, CA 90025 | K-5 | 0.3 mi |
Daniel Webster Middle School 11330 Graham Place, Los Angeles, CA 90064 | 7-8 | 1.2 mi |
University Senior High School Charter 11800 Texas Avenue, Los Angeles, CA 90025 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1745 Colby Ave
Date
Details
Price
Change
Source
7/21/2025
Price Reduced
$2,995,000
-3.39%
MLS
6/05/2025
Price Increased
$3,100,000
3.51%
MLS
5/08/2025
Sold
$2,995,000
-9.1%
MLS
5/05/2025
Listed
$3,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1745 Colby Avenue, Los Angeles, CA 90025 (MLS# SR25100744) is a Commercial Multi-Family property that was sold on May 08, 2025. Want to learn more about 1745 Colby Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

