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$ 1,549,000
Est. payment /mo
Open 7/14 11AM-2AM
520 W Colden Los Angeles, CA 90044
12 Beds
8 Baths
6,077 Sqft Lot
Open House
Tue Jul 14, 11:00am - 2:00am
Sat Jul 18, 11:00am - 4:00am
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26145090
Bedrooms 12
Lot Size 6,077 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
520522 W. Colden Avenue is a rare four-unit opportunity ideal for a first-time investor or owner-user seeking rental offsets, modern construction, and a more attainable path into Los Angeles multifamily ownership. The property consists of a 2008-built front duplex with two large 4BD/2BA residences, plus a newly constructed rear ADU duplex featuring two approx. 950 SF 2BD/2BA units with a 2026 Certificate of Occupancy forthcoming in July 2026. Owner-user appeal is significant. A buyer may occupy the updated vacant front 4BD/2BA residence while collecting income from the other three units. Current/projected rents include 520 W. Colden at $2,987/month, 520 1/2 W. Colden at $2,635/month including utilities, and vacant 520 1/4 W. Colden projected at $2,635/month, totaling approx. $8,257/month before leasing the vacant front residence. This property may be attractive to qualified first-time buyers because it falls within the 14 unit residential category, which may allow access to owner-occupied financing programs not available to larger multifamily assets. Qualified buyers may be able to explore FHA low-down-payment financing, including potential 3.5% down options, along with first-time buyer, down-payment assistance, and homebuyer programs, subject to borrower, income, occupancy, lender, property, and program eligibility. STAGED PHOTOS ARE DIGITALLY STAGED. The front duplex is represented as not subject to the Los Angeles City Rent Stabilization Ordinance due to its 2008 construction date, while the rear ADU duplex has a 2026 CFO forthcoming. Buyer to verify all regulatory statu
Location
State CA
County Los Angeles
Zoning Public Rec
Direction 110 FWY Exit Century Blvd going west. At Figueroa turn right. At Colden Turn Left.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6054028010
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listed by Rudy Zuniga, DRE#01489677 Loan Advisor Group
NEARBY SCHOOL & BUSINESS
