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1321 Colorado

Los Angeles, CA 90041
  • $899,000

    Price
  • 4

    Bed
  • 4

    Bath
  • 2,105

    SqFt

About the Listing X80634 - C112987

Wonderful opportunity to own an income generating property in Eagle Rock. This triplex is centrally located near commerce, entertainment, eateries and public transportation. Minutes to Pasadena, Glendale and DTLA. 2 units are situated towards the front and the 3rd unit is located toward the back. You can live in the 3rd unit or alternatively, rent it for top dollar. The unit has direct access to the backyard from your living room and master bedroom. The house has mid-century period details. New cabinetry in kitchen and baths, quartz counter tops and extensive use of tile, period inspired door knobs and lighting. Ample backyard . Walking distance to local beer and coffee shop. Garage for 3 cars and on-site laundry.Projected Cash flow over $7,000 yearly putting 20% down $3845 P&I+ $100 Ins + $608 Taxes+ $329.64 Utilities and Maintenance= -$4882.64+ 5494 Total income if the back renovated unit is rented = $611.36 cash flow. Huge upside once the other units have been vacated.

Listing Highlights for 1321 Colorado

Status Active
Days on Site 7
Property Type Business Opportunity
MLS ® 18395156
Year Built 1955
Total Square Footage 2,105
Lot/Acreage 0.16

Interior Details

  • Bedrooms: 4
  • Bathrooms: 4 Full
  • Appliances: Dishwasher,Garbage Disposal,Refrigerator
  • Air Cond: Central A/C
  • Heating: Central Furnace
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: 3 car
  • Zoning: LAC4
  • Roof:
  • Others:
  • Sewer:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:
  • Parking Features: Garage - Three Door

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: N/A

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1321 Colorado Los Angeles, CA 90041

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Listing Courtesy of Jeffrey Bar, Nela Homes

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