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318 Columbia Avenue, Los Angeles, CA 90017

Los Angeles
Local realty services provided by:CENTURY 21 Synergia Realty
318 Columbia Avenue,Los Angeles, CA 90017
$2,350,000
  • 11 Beds
  • 8 Baths
  • 4,444 sq. ft.
  • Multi-family
  • Active
Listed by: alex 'zan' sacker
Office: kw westside estates310-482-2200
MLS#:26832893
Source:CRMLS

Price summary

  • Price:$2,350,000
  • Price per sq. ft.:$528.8

About this home

Huge 650k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 11.1% Cap Rate and 7 GRM after taking into account all constructions costs (~566k assuming $250/SF). All 7 units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.

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Home facts

  • Year built:1953
  • Listing ID #:26832893
  • Added:26 day(s) ago
  • Updated:June 13, 2026 at 10:39 AM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:8
  • Flooring:Laminate
  • Living area:4,444 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1953
  • Building area:4,444 sq. ft.
  • Lot area:0.16 Acres
  • Architectural Style:Contemporary

Finances and disclosures

  • Price:$2,350,000
  • Price per sq. ft.:$528.8

Parking

  • Total parking spaces:3
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). CENTURY 21 Synergia Realty is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of CENTURY 21 Synergia Realty, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved. CRMLS Member Broker: Sandy Hernandez

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