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8535 Colgate Ave, Los Angeles, CA 90048
$3,721,750
8535 Colgate Ave, Los Angeles, CA 90048View this property at 8535 Colgate Ave, Los Angeles, CA 90048
8535 Colgate AveLos AngelesCA90048
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Property Description
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.
Full Property Details
Full Property Details for 8535 Colgate Ave
General
- Sold For: $3,721,750
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-306721
- Added to Site: 259 day(s) ago
Interior
- Rooms/Areas: Formal Entry, Dining Area, Master Bedroom, Patio Open
- Cooking Appliances: Oven-Gas
Rooms
Bathrooms
- Total Bathrooms: 10
Bedrooms
- Total Bedrooms: 10
Other Rooms
- Laundry: In Unit, Community
Additional Information
- Other Features: None
Parking
- Garage Description: Tandem, Carport Attached
Location
- Area: Beverly Center-Miracle Mile
- County: Los Angeles
- Driving Directions: South of Burton Way and west of La Cienega Blvd.
Heating & Cooling
- Cooling Type: Central, Wall/Window
- Heating Type: Natural Gas
Structural Information
- # Buildings: 1
- Stories/Levels: 3
- Square Feet: 7,614
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1960
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 6
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1193
- Lot Size: 5197
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $571.32
- Assessment Year: 1960
Disclosures and Reports
- Disclosures/Reports: As Is, Rent Control
- APN: 4334-016-040
Listed by Kidder Mathews of California, Inc., Bryan Glenn
Sold by Non-member Office, Non-member 999999
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Schools
Schools serving 8535 Colgate Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
503 N Croft Ave, Los Angeles, CA 90048 | K-6 | 0.7 mi | |
600 S McCadden Pl, Los Angeles, CA 90005 | 6-8 | 2.4 mi | |
7850 Melrose Ave, Los Angeles, CA 90046 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8535 Colgate Ave
Date
Details
Price
Change
Source
5/07/2024
Sold
$3,721,750
-14.44%
MLS
9/05/2023
Listed
$4,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8535 Colgate Ave, Los Angeles, CA 90048 (MLS# 23-306721) is a Multi-Family property that was sold at $3,721,750 on May 07, 2024. Want to learn more about 8535 Colgate Ave? Do you have questions about finding other Multi-Family real estate for sale in Miracle Mile? You can browse all Miracle Mile real estate or contact a Coldwell Banker agent to request more information.