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1658 Colby Avenue

Los Angeles, CA 90025

– beds
– baths
– sqft
5,500 sqft lot
1967 build
– on site

1658 Colby Ave presents a rare opportunity to acquire a well-maintained 7-unit multifamily asset in the heart of West Los Angeles. The property features a DESIRABLE UNIT MIX: one 3-bedroom + 2.5-bath unit, four 1-bedroom + 1-bath units, one studio unit, and one bachelor unit. The required SEISMIC RETROFITTING has been COMPLETED, and a brand-new ELECTRICAL UPDATE was completed in 2025. Plumbing is MOSTLY COPPER, and some units have been updated. Priced at $2,500,000, the property offers investors stable cash flow with significant VALUE-ADD potential over 42% RENTAL UPSIDE. It is being offered at a current GRM of 14.07, with a proforma GRM of 9.92 and a proforma CAP rate EXCEEDING 7%, highlighting the strong income growth achievable through rent adjustments as units turn.Additional features include 7 on-site parking spaces and owned on-site laundry. Located in prime West Los Angeles, just steps from the vibrant Sawtelle Japantown, the property boasts an excellent Walk Score, offering tenants convenient access to renowned dining, shopping, and entertainment a highly desirable location that supports strong rental demand. Full OM available.

Listed By CRMLS_CA / Susan Lau / Coldwell Banker Realty

Last checked: Checking… • Last updated Jun 27, 2025 •

MLS# 25554857 —

The Building

Year Built:

1967
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

5464.00
Total Number Of Units:

7
# of Buildings:

1
Architectural Style:

Mid Century Modern
Stories Total:

2
Faces:

East

Interior

Levels:

Two
Flooring:

Carpet, Tile
Fireplace:

Yes
Fireplace:

Bath, Kitchen, Dining Room
Laundry:

Washer Included, Dryer Included, Community
Laundry:

1

Location

Directions:

South of Santa Monica Blvd between Butler Avenue and Federal Avenue.
Latitude:

34.04381800
Longitude:

-118.45141800

The Property

Property Type:

Residential Income
Zoning:

LAR3
Lot Size Area:

5500.0000
Lot Size Acres:

0.1263
Lot Size SqFt:

5500.00
Lot Size Source:

Assessor
View:

1
View:

City Lights
Security Features:

Gated Community
Additional Parcels:

No

Listing Agent

Contact info:

The Listing

Special Listing Conditions:

Standard
Parcel Number:

4261012021

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Sewer:

Other

Appliances

Appliances:

Refrigerator, Oven
Included:

Yes

The Community

Association:

No
Senior Community:

No
Assessments:

No

Parking

Parking:

Yes
Parking:

Attached Carport
Parking Spaces:

7.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/20/25 Jun 20, 2025	Listed / Active	CRMLS_CA	$2,500,000

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This multifamily located in Silicon Beach, Los Angeles, CA 90025 is currently for sale for $2,500,000. 1658 Colby Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 10 days. 1658 Colby Avenue is in the Silicon Beach neighborhood of Los Angeles and has a WalkScore® of 91, making it a walker’s paradise. This multifamily is in the attendance area of Nora Sterry Elementary School, University High School Charter, and Daniel Webster Middle School.

Listing Courtesy of: CRMLS_CA and Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of 06:59 on Jun 30.

This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.