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2561 Colorado Blvd, Los Angeles, CA, 90041

$2,395,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
12 Baths
6,863 SqFt
$349/SqFt
House

Location

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2561 Colorado Blvd, Los Angeles$2,395,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOn Street, Uncovered
Year Built1940
HeatingNone
MLS #24454773
Lot Size0.17 Acres
StatusActive

About 2561 Colorado Blvd

This 11-unit apartment building, located in the heart of Eagle Rock, offers a prime investment opportunity. Situated on bustling Colorado Blvd, the property benefits from high visibility and proximity to local shops, restaurants, and schools. The building features a mix of units, most with updated interiors, and amenities such as parking. Recently rehabbed with New Roof, Electrical, and Plumbing. The property is zoned C4 allowing for future development. With easy access to major freeways and public transportation, this property is ideal for investors looking to acquire a stable income-generating asset in one of Los Angeles' most sought-after neighborhoods. Don't miss this chance to own in the desirable Eagle Rock area!

Property Details

Property Features

Property Information:

  • Year Built: 1940
  • Stories: 1
  • Living Area: 6,863 SqFt

Listing Office:

  • Office Name: Jeffrey Brandon Lloyd
  • Office Phone: (323) 804-7653
  • Listing Agent: Jeffrey Lloyd

Interior Features

Interior Information:

  • Flooring Type: Laminate

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Parking: On Street, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: None

Other

Directions Information:

  • Directions: Eastbound on Colorado Blvd: If you're driving east on Colorado Blvd, you will pass through the neighborhoods of Eagle Rock. It's a fairly straight road with lots of small businesses, coffee shops, and restaurants. There's also access to the 2 Freeway if you need to head towards Glendale or north into the hills.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,395,000
  • Price Per SqFt: $349/SqFt

Tax Information:

  • Annual Amount: $20,680
  • 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

2561 Colorado Blvd vs Los Angeles

55 DAYS ON ROCKET

+17 Days

$2,395,000

+$1.3M More

$349/SqFt

-$291 Less

KEY TAKEAWAY

This property is $1.3M more than the Median Sold Price and $291/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: #24454773

Listing Office:

  • Office Name: Jeffrey Brandon Lloyd
  • Office Phone: (323) 804-7653
  • Listing Agent: Jeffrey Lloyd

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, 4:20:57 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

Mar 29, 2017Home Sold
$1,600,000
Aug 25, 2006Home Sold
$890,000
Jun 16, 1997Home Sold
$223,500

Tax History

YEARPROP. TAXASSESSMENT
2021$20,680$1,715,519
2020$20,061$1,697,930
2019$19,881$1,664,639
2018$12,616$1,632,000
2017$12,616$1,027,417

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,247

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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-4387555
7
/10

  • Glenoaks Elementary School

  • 2015 E Glenoaks Blvd

  • 0.66 miles

  • Public District Grades KG-6

school-card-donut-4387556
7
/10

  • Eagle Rock Elementary & Magnet Center

  • 2057 Fair Park Ave

  • 0.68 miles

  • Public District Grades KG-6

school-card-donut-4387557
4
/10

  • John Marshall Elementary School

  • 1201 E Broadway

  • 1.01 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $64,919. Most Los Angeles, CA residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2561 Colorado Blvd

What is the listing price of this property?

The listing price of 2561 Colorado Blvd property is $2,395,000.

What type of property is this?

The property 2561 Colorado Blvd is a house located in Los Angeles, California, 90041.

Is this property for sale now?

Active Listing: 2561 Colorado Blvd 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 $20,680 (source: MLS/based on county public records data).

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

The last sale was on March 29, 2017 for $1,600,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2561 Colorado Blvd has 6 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 2561 Colorado Blvd is 6,863 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2561 Colorado Blvd is 1940.

Rocket Homes›California›Los Angeles County›Los Angeles›90041›2561 Colorado Blvd

This home is located at 2561 Colorado Blvd in Los Angeles, CA and zip code 90041 in the Northeast LA neighborhood. This 6,863 square foot home, which was built in 1940, sits on a 0.17 acre lot. Features: 6 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $2,395,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. Between October 2024 and November 2024, Los Angeles, CA real estate market has seen decrease in the number of listings by 0.6%. In November 2024 median list price was $1,021,532 and the average listing age was 38 days.

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

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