1738 Colby Ave, Los Angeles, CA 90025 - View 1
1738 Colby Ave, Los Angeles, CA 90025 - View 2
1738 Colby Ave, Los Angeles, CA 90025 - View 3

1738 Colby Ave, Los Angeles, CA 90025

Sale Price: $2,550,000
Nov 7, 20247,055 sqft10 beds12 baths
Listed by: Bill Friedman
License #: 00672015
Phone #: 310-820-6651
Coldwell Banker Realty
Source:
CRMLS Logo
MLS #: 24459255

Property Description

* Prime West Los Angeles 10-unit apartment building* One studio unit; three 2-bedroom/2-bath units; and six1-bedroom/1-bath units* All units are occupied by the same tenants for over one year, except for one recently vacated unit that was left vacant intentionally to allow the buyer to decide what they want to with it* $142,938 pro forma net annual income 4.08% pro forma cap rate* 10 surface parking spaces* Onsite laundry room with washer and dryer* Located four blocks west of the San Diego (405) Freeway* Two blocks south of Santa Monica Boulevard* Adjacent to Santa Monica and Brentwood.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$41,097

TurboHome Estimated Value

$2,744,900

$389 sqft

High Valuation
$2,882,145
$409/sqft
Normal Valuation
$2,744,900
$389/sqft
Low Valuation
$2,607,655
$370/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$389/sqft$2,744,900

Neighborhood: Sawtelle

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Comparative Value

$2.55M

$2.75M

$3.49M

1738 Colby Ave, Los Angeles, CA 90025

Sale Price: $2,550,000

Selected Comparable

1738 Colby Ave, Los Angeles, CA 90025

List Price: $2,750,000

Subject Property

11942 Darlington Ave, Los Angeles, CA 90049

Sale Price: $3,489,750

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1738 Colby Ave, Los Angeles, CA 90025

1738 Colby Ave, Los Angeles, CA 90025

List: $2,750,000

Listed: 11/7/2024

Area:7,055 sqft
Price/sqft:$390
Beds:10
Baths:12
Year Built:
Lot Size:8,141

Comparable Properties

COMPARABLE
Choose comps
1738 Colby Ave, Los Angeles, CA 90025

1738 Colby Ave, Los Angeles, CA 90025

Sale: $2,550,000

6/27/20250.00 mi

Area:7,055 sqft
Price/sqft:$361
Beds:10
Baths:12
Year Built:
Weight:58.1%
11942 Darlington Ave, Los Angeles, CA 90049

11942 Darlington Ave, Los Angeles, CA 90049

Sale: $3,489,750

4/25/20251.15 mi

Area:6,477 sqft
Price/sqft:$539
Beds:10
Baths:11
Year Built:
Weight:41.9%

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