5000 COLISEUM ST || $1,605,000 || Sold

$1,605,000
Sold

NEXT
Baldwin Village 8-unit apartment building containing six 1/1 units and two 2/1 units. Great corner location with alley access for parking. One of the 1/1 units is vacant with an estimated rent of $1500/month. Building is master metered for gas, allowing an additional 1% annual increase under Los Angeles Rent Stabilization Ordinance. Two tenants are Section 8. Rents per unit are: #1 - $1044, #2 - $886, #3 - $843, #4 - $1280, #5 - $1195, #6 - $1020, #7 - vacant, #8 - $1650. Unit 4 and unit 8 are the two-bedroom units. Eight covered parking spaces. Passed a rigorous SCEP inspection in 2020. Buyer to cooperate with seller's 1031 tax-free exchange.

10
beds

8
baths

7,154 Sq.Ft. LIVING AREA

0.188 Acres lot

Brock Harris

Brock Harris

Features & Amenities

Interior

  • total bedrooms10
  • Total bathrooms8
  • Laundry room None

Area & Lot

  • Status Sold
  • Living Area7,154 Sq.Ft.
  • Lot Area0.188 Acres
  • MLS ID22-122285
  • TypeMULTI_FAMILY
  • YEAR BUILT1954

Exterior

  • STORIES2
  • parkingCovered Parking, Carport Detached
  • HEAT TYPEWall Gas
  • AIR CONDITIONINGWall Unit(s)

Financial

  • Sales Price$1,605,000
  • Zoning LAR3

Work With Us

With Brock's 20+ years of buying, selling and owning LA real estate, and Lori's legal background and negotiation skills, you are in good hands.

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