$3,700,000

2044 Colby Ave, Los Angeles, CA, 90025

Courtesy of: Jonathan Taksa 01366169 | Remax Commercial And Investment Realty

Information

Purchase Type: Sale

MLS ID: 21-705532

Price: $3,700,000

Days On Market: 37

Lot size: 0.274

Details

Status: Active

Property Type: Residential Land

New Construction: No

Swimming Pool: No

Address: 2044 Colby Ave

Country: US

County: Los Angeles

City: Los Angeles

Neighborhood: West L.a.

Zip: 90025

State: California

Taxes

Property Taxes: $0

Assessment: $0

Description

2044 & 2048 Colby Avenue is a prestigious development opportunity located in the coveted community of West Los Angeles. The properties are ideally located in prime West LA, just North of vibrant Olympic Blvd. Current improvements consist of two duplexes boasting an excellent unit mix of all large 2 bedroom 1 bath units. Each unit has significant rental upside and exudes the vintage charm of its era. The site is a perfect redevelopment project (Buyer to verify), as there are TWO separate lots (each 5,960 SF with its own APN) zoned R2. An astute developer will have the opportunity to earn income while getting entitlements to build 4 high end residential units (2 per parcel), either apartments or condominiums. Properties MUST be sold together.

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