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11 Beds
8 Baths
4,444 sqft

$2,195,000

316 Columbia Avenue, Los Angeles CA, 90017

Price per sqft$493.92
Built in1953
Property size4,444 sqft
Property typeResidential
Listed by Alex 'Zan' Sacker CA DRE# 01279796 with KW Westside Estates 310-560-1622

Overview

Active

Listed Oct 1, 2026

Updated 10h ago

Huge 800k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 11.4% Cap Rate and 6.7 GRM after taking into account all constructions costs (~566k assuming $250/SF). All 7 units have been completely remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.

$14,603/mo

Est. mortgage payment based on a $2,195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26993155

Interior Features

Bedrooms
11
Bathrooms
8
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

View
Yes
55+/Senior Community
No
MLS provider logo

Listed by Alex 'Zan' Sacker CA DRE# 01279796 with KW Westside Estates 310-560-1622

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/1/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 10/1/2026 at 12:23 PM UTC Last Checked: 12:23 PM UTC

 

 

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