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$3,075,000
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Property Description
The investment opportunity located at 2245 Las Colinas features 8 large units, including a potential Studio ADU conversion. The other units are all two bed, two bath units with large floor areas (Buyer to confirm exact sf). Built in 1991, this building is not subject to Los Angeles RSO, only state-level AB 1482 rental ordinance. The building has undergone several capital projects, including new gutters, a re-painting in 2014 and a brand new roof in 2018. All units are on the second and third floors with parking on the ground floor, but the parking level was constructed with all steel frames, so no soft-story retrofit is required. Each unit is provided two tandem parking spaces. The driveway ceiling has fire sprinkler systems, and every unit has central AC! The Las Colinas property has a walk score of 88, meaning that the immediate area is flush with tenant amenities and high quality attractions. There are trendy coffee shops, restaurants, and boutiques within walking distance, and Occidental College is only a quick half mile walk from the property! The Eagle Rock neighborhood is growing in popularity every year, offering a tranquil escape from the bustling city while still being conveniently located close to all the amenities that Los Angeles has to offer!
Full Property Details
Full Property Details for 2245 Las Colinas
General
- Sold For: $3,075,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: SB23163075
- Added to Site: 909 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 16
Location
- Area: 618 - Eagle Rock
- County: Los Angeles
- Development Name: 618 - Eagle Rock
- Driving Directions: Off of Eagle Rock Blvd.
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 10
- # Electric Meters: 10
Structural Information
- Entry Location: Front
- Square Feet: 7,280
- Year Built: 1991
Unit Information
Unit 1
- Number of Units: 8
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1534
- Lot Size Source: Public Records
- Lot Description: Rectangular Lot
Financial Considerations
- Price Per Sq. Ft.: $422.39
- Price Per Unit: 412500
Listed by Keller Williams Beach Cities, Josh Cohen
Sold by Tse Realty & Management Servic, YVONNE MATLOFF
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Schools
Schools serving 2245 Las Colinas
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Eagle Rock Elementary and Magnet Center 2057 Fair Park Avenue, Los Angeles, CA 90041 | K-6 | 0.4 mi |
Eagle Rock High School 1750 Yosemite Drive, Los Angeles, CA 90041 | 7-8 | 0.7 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 2245 Las Colinas
Date
Details
Price
Change
Source
12/04/2023
Sold
$3,075,000
-6.82%
MLS
8/31/2023
Listed
$3,300,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2245 Las Colinas, Los Angeles, CA 90041 (MLS# SB23163075) is a Multi-Family property that was sold at $3,075,000 on December 04, 2023. Want to learn more about 2245 Las Colinas? Do you have questions about finding other Multi-Family real estate for sale in Eagle Rock? You can browse all Eagle Rock real estate or contact a Coldwell Banker agent to request more information.

