4350 Colfax Ave - Apartments FOR SALE
Studio City, CA 91604 |
$2,395,000 USD
818-325-4142
4350 Colfax Ave
Studio City, CA 91604
HIGHLIGHTS
- • Half the units have new bathroom/kitchens faucets - 2/3 new drains (significant work)
- • Soft-story retrofit completed - New gravel in front - New main sewer line going to the street
- • Copper plumbing - Majority new electrical panels - Completed large tree-trimming/landscaping job
- • New tankless water heater that feeds the main boiler tank, with additional back up brand new water heater - Torched down the roof in 2010
- • Amazon package drop-off - Ground level units have private yards - Upper units have balconies
- • No dumpster - Four laundry machines owned by landlord -
FOR SALE DETAILS
PRICE
$2,395,000 USD
PRICE/SF
$407 USD /SF
# OF UNITS
9
PRICE/UNIT
$266,111
CAP RATE
4.4%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
4350 Colfax
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1958
PARKING SPACES
10
LAND DETAILS
LAND ACRES
0.18 AC
LAND SF
7,841 SF
ZONING
R3
APN/PARCEL ID
2365-022-012
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818-325-4142
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818-325-4142
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