21 days on rocket

145 W Colden Ave, Los Angeles, CA, 90003

$700,000

Home List Price

$8,313*

Closing Credit

11 Bedrooms
5 Baths
3,132 SqFt
$224/SqFt
House

Location

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145 W Colden Ave, Los Angeles$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingUnassigned, Uncovered
Year Built1960
HeatingWall Furnace
CoolingNone
MLS #24467199
Lot Size0.15 Acres
StatusActive

About 145 W Colden Ave

We are pleased to present the exceptional opportunity to acquire a fully occupied 5-unit multifamily property in the Broadway-Manchester neighborhood of South Los Angeles. Built in 1960, this property features (1) 3Bed/1 Bathroom Unit and (4) 2Bed/1 Bathroom Units. Together, they offer a total of 3,132 square feet of rentable space on a 6,596 square foot lot. Security and convenience are paramount, with features such as separate metering for gas and electricity, gated controlled access, and an on-site parking lot with (7) spaces. With an average rent of $980 per unit, this opportunity provides an astute investor the potential to capture 113% upside in rental income as tenants move or relocate. Strategically located just north of West Century Blvd and east of South Broadway, the property enjoys seamless connectivity to the 110 and 105Freeways, facilitating convenient access to all corners of Greater Los Angeles. Tenants are also within a short distance to multiple bus stops along Main St. and Colden Ave.

Property Details

Property Features

Property Information:

  • Year Built: 1960
  • Stories: 2
  • Living Area: 3,132 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Parking: Unassigned, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Head south on South Broadway and turn left onto West Colden Avenue. The subject property is located in between South Broadway and South Main Street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $224/SqFt

Tax Information:

  • Annual Amount: $6,331
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

145 W Colden Ave vs Los Angeles

21 DAYS ON ROCKET

-17 Days

$700,000

-$321.5K Less

$224/SqFt

-$416 Less

KEY TAKEAWAY

This property is $321.5K less than the Median Sold Price and $416/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24467199

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 10:21:02 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2015Home Sold
$380,000
Aug 14, 1995Home Sold
$60,000
Apr 19, 1995Home Sold
$173,417
Oct 15, 1993Home Sold
$43,956

Tax History

YEARPROP. TAXASSESSMENT
2021$6,331$415,582
2020$6,162$411,322
2019$6,048$403,258
2018$5,880$395,352
2017$5,880$387,600

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4490496
7
/10

  • Watts Learning Center

  • 310 W 95th St

  • 0.18 miles

  • Public Charter Grades KG-5

school-card-donut-4490497
3
/10

  • Charles W. Barrett STEAM Academy

  • 419 W 98th St

  • 0.34 miles

  • Public District Grades KG-5

school-card-donut-4490498
6
/10

  • Knox Elementary School

  • 8920 Tupachi Pl

  • 0.38 miles

  • Public District Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,235. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 145 W Colden Ave

What is the listing price of this property?

The listing price of 145 W Colden Ave property is $700,000.

What type of property is this?

The property 145 W Colden Ave is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 145 W Colden Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,331 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 17, 2015 for $380,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 145 W Colden Ave has 11 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 145 W Colden Ave is 3,132 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 145 W Colden Ave is 1960.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›145 W Colden Ave

This home is located at 145 W Colden Ave in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 3,132 square foot home, which was built in 1960, sits on a 0.15 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $700,000.

While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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