Los Angeles, CA 90041,1515 Colorado Blvd
Los Angeles, CA 90041,1515 Colorado Blvd
Los Angeles, CA 90041,1515 Colorado Blvd
26
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$2,325,000
Est. payment /mo
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14 Beds
7 Baths
6,388 SqFt
Active

1515 Colorado Blvd Los Angeles, CA 90041

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,388 sqft

Price per Sqft $363

MLS Listing ID 25603593

Bedrooms 14

Year Built 1963

Lot Size 0.365 Acres

Acres 0.365

Property Sub-Type Multi-Family

Property Description

We are proud to present an exceptional investment opportunity in Prime Eagle Rock: A rare 7-unit apartment + 1 commercial unit on 2 separate parcels sprawled across 15,882 Square Feet of Land located in the highly sought-after neighborhood of Eagle Rock on famous Colorado Blvd. The property is being offered for sale by the original developer's family and is poised for multiple ADU additions on one lot, and residential development potential on the second lot, with both lots designated in Tier 4 TOC Buyer to Verify. The property consists of 3 separate structures across both lots: a (7) Unit Mid-Century Building built in 1963, boasting an incredible unit mix of 100% Two Bedroom & 1 Bathroom units and a commercial space built in 1924 with a total square footage of 6,388 SF and a 400 SF Covered Garage. 1513Colorado is zoned (Q) C4-2D, and 1515 Colorado is zoned both (Q) C4-2D & R1-1 both Lots are Tier 4 TOC. Q Condition: 100% residential development prohibited, Residential Density Limited to RD1.5 Zone, Subject to the provisions of the Colorado Blvd Corridor Specific Plan. Strategically located in the heart of Eagle Rock, this property boasts a Walk Score of 85 ("Very Walkable"), where most errands can be completed on foot. It's just steps away from Trader Joes, Cindy's, Found Coffee, and within minutes to Eagle Rock favorites: Casa Bianca Pizza, Eagle Rock Italian Bakery, Little Beast, and The Oinkster, Capri Club & Walt's Bar. **Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & Q Condition, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY-DRIVE BY ONLY **

Location

State CA

County Los Angeles

Area Eagle Rock

Zoning LAC4

Rooms

Other Rooms Other

Interior

Heating Wall

Cooling Wall Unit(s)

Equipment None

Laundry Community

Exterior

Parking Features Driveway, Garage - 1 Car, Covered Parking, Uncovered

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty

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Roddy De La Garza

Roddy De La Garza

Broker Associate | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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1515 Colorado Blvd