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Berkshire Hathaway HomeServices California Properties

717 Columbia Avenue, Los Angeles, CA 90017

$3,330,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Jonathan Minerick | info@homecoin.com
Lic#: 01523060
Broker: Courtesy of Homecoin.com
Phone: 888-400-2513

Listing Details

Property type: Mixed Use (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: TR26082104

List price is $3,330,000 Reduced by $370,000 on 5/19/2026

Price: $3,330,000

Rental Rate: $3,330,000

Lot Size:

Built in 1922

0.13 acres

County: Los Angeles

Lot description: ZeroToOneUnitAcre

Heating description: Wall Furnace

Last Updated: 5/19/2026

Days On Market (DOM): 53

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Lat/Long: 34.052316, -118.269116.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

717 Columbia Avenue presents a unique multifamily investment opportunity in the Westlake area of Downtown Los Angeles just West of the 110 Freeway and East of Koreatown. The 2-story wood frame/stucco property consists of a 37-unit residential building with a diverse unit mix that includes 1 single unit, 28 bachelor units (own bathroom with shower but no kitchen), and 8 single-room occupancy units - SRO (no bathroom and no kitchen). The property has a shared community kitchen for all units and community bathrooms for the 8 SRO units. The property is master metered for gas and electric and has no parking. Short distance to LA Live and Crypto Arena, the property benefits from strong rental demand driven by nearby employment centers, public transit access, and a wide range of dining, retail, and entertainment options. In addition, there are many nearby colleges. The small and efficient unit mix is well-suited to tenants seeking affordable living options within the city core. With its prime location and efficient unit configuration, 717 Columbia Avenue provides investors with the potential for steady cash flow and long-term appreciation in one of Los Angeles’ most dynamic rental markets.

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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