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Listing Details

Status
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On Site
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On Market
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MLS #
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School Ratings & Info

Description

First time on the market in over 38 years, this desirable Triplex has great upside potential and is situated in the growing neighborhood of Mar Vista. Located on a desirable block in a quiet neighborhood that boasts mature evergreen trees and wide parkways, this property is a rare and excellent opportunity for either an owner/user, a builder/developer or to perform a 1031 exchange . Light and bright units are one 2 bed/1 bath + two 1 bed/1 bath each with their own washer/dryer and are ready to be reimagined at your own pace. 2 car detached garage. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Rents are well below current market. Drive by only. Please Do Not disturb tenants. Being sold "As-Is." Entrance upon accepted offer only.

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T06:43:23.89. 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. Properties may or may not be listed by the office/agent presenting the information.
www.jelmbergteam.com/homes/119956791
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3758 Colonial Ave Los Angeles, CA 90066

  • Price: $1,675,000
  • Status: Active
  • Updated: 30 min ago
  • MLS #: 21-765590
4
Beds
0
Baths
0
½ Baths
0.13
Acres
1,993
SQFT
$840
$/SQFT
1930
Built
Neighborhood:
Palms - Mar Vista
County:
Los Angeles
Area:
Palms - Mar Vista
Property Description
First time on the market in over 38 years, this desirable Triplex has great upside potential and is situated in the growing neighborhood of Mar Vista. Located on a desirable block in a quiet neighborhood that boasts mature evergreen trees and wide parkways, this property is a rare and excellent opportunity for either an owner/user, a builder/developer or to perform a 1031 exchange . Light and bright units are one 2 bed/1 bath + two 1 bed/1 bath each with their own washer/dryer and are ready to be reimagined at your own pace. 2 car detached garage. Close to Venice Beach, Abbot Kinney and Main Street Santa Monica, with easy access to the 405 and 10 Freeways. Rents are well below current market. Drive by only. Please Do Not disturb tenants. Being sold "As-Is." Entrance upon accepted offer only.
Exterior Features

Lot Size Area 5751 Other Structures None Parking Garage GarageGarage Is DetachedPrivate Style Spanish Total Parking 0 View Description Courtyard View YN Yes

Interior Features

Baths Total 3.00 Common Walls Attached Cooling None Equipment DishwasherDryerGarbage DisposalRange/OvenRefrigeratorStackable W/D HookupVented Exhaust Fan Heating WallFloor FurnaceWall Gas Laundry In Unit Laundry Equipment Own

Property Features

Assessed Total Value 300611 Gross Income 78000 Gross Operating Income 78000 Like Units1 1 Like Units2 1 Like Units3 1 Net Operating Income 64224.00 Number Of Buildings 1 Number Of Units 3 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 13776 Type Of Units Triplex Year Built Source Vendor Enhanced Zoning Lar1

Listing provided courtesy of Flora Petrushkina DRE#01341155 of Lancelot Residential.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-09-21T06:43:23.89. 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. Properties may or may not be listed by the office/agent presenting the information.
 
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The Jelmberg Team | Keller Williams
39-575 Washington Street, Suite #105
Palm Desert CA, 92211