$3,075,000
$3,300,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
6,682 Sqft Lot
SOLD DATE : 12/04/2023
Key Details
Sold Price $3,075,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23163075
Sold Date 12/04/23
HOA Y/N No
Year Built 1991
Lot Size 6,682 Sqft
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!
Location
State CA
County Los Angeles
Area 618 - Eagle Rock
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Sidewalks
Total Parking Spaces 16
Private Pool No
Building
Lot Description Rectangular Lot
Story 3
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5685016023
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange
Listing Terms Cash, Cash to New Loan, 1031 Exchange
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with YVONNE MATLOFF • TSE REALTY & MANAGEMENT SERVIC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "