7
See all 7 photos
$3,050,000
Est. payment /mo
14,983 SqFt
Pending
372 Columbia Avenue Los Angeles, CA 90017
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 14,983 sqft
Price per Sqft $203
MLS Listing ID CL25584077
HOA Y/N No
Year Built 1940
Lot Size 0.523 Acres
Acres 0.52
Property Sub-Type Other
Property Description
372 Columbia Avenue is an 18-unit courtyard apartment community in the Westlake District of Los Angeles (90017), immediately adjacent to Downtown LA and Echo Park. It is being offered for sale for the first time in over 40 years, providing investors with an opportunity to acquire a value opportunity in one of LA's stable and dynamic neighborhoods. Built in 1940, 372 Columbia Avenue, a garden-style apartment community, attracts residents who appreciate the asset's style, spacious apartments, and proximity to major Los Angeles employers. 372 Columbia features an exceptional unit composition consisting of One (1) 2 Bedroom | 1.5 Bathroom, Four (4) 2 Bedroom | 1 Bathroom units, and Thirteen (13) 1 Bedroom | 1 Bathroom units. In total, 372 Columbia Avenue comprises +/- 14,983 SF of improvements and is sited on a +/- 22,792 SF parcel zoned LAR3. Most apartment units are accessed through a gated, landscaped courtyard. Resident parking is accessed via a secured driveway and features approximately nineteen (19) on-grade parking spaces. Many units still feature period designs and details prevalent in 1940s garden-style properties, including large, spacious units, dedicated dining rooms/breakfast nooks, bay windows, ornamental window shutters, ironwork, crown molding, and numerous built-ins
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 5153021003
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Listed by Nick Astrupgaard • KW Commercial Studio City
A FEW WORDS FROM PAST CLIENTS
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289