$2,550,000
SOLD JUN 27, 2025

1738 Colby Ave Los Angeles, CA 90025

Sawtelle Neighborhood
10 Beds
12 Baths
7,055 Sq Ft
8,141 Sq Ft Lot

Recently Sold

$361 Per Sq Ft

27% Below List Price

214 Days on Market

Highlights

  • Contemporary Architecture
  • Laundry Facilities
  • Radiant Heating System

About This Home

As of June 2025

* Prime West Los Angeles 10-unit apartment building* One studio unit; three 2-bedroom/2-bath units; and six1-bedroom/1-bath units* All units are occupied by the same tenants for over one year, except for one recently vacated unit that was left vacant intentionally to allow the buyer to decide what they want to with it* $142,938 pro forma net annual income 4.08% pro forma cap rate* 10 surface parking spaces* Onsite laundry room with washer and dryer* Located four blocks west of the San Diego (405) Freeway* Two blocks south of Santa Monica Boulevard* Adjacent to Santa Monica and Brentwood.

Last Agent to Sell the Property

Bill Friedman

Coldwell Banker Realty License #00672015 Listed on: 11/07/2024

Coldwell Banker Realty

Last Buyer's Agent

Michael Monempour

Lyon Stahl Investment Real Estate, Inc. License #01996829

Lyon Stahl Investment Real Estate, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1966

Lot Details

  • 8,141 Sq Ft Lot

Home Design

  • Contemporary Architecture

Interior Spaces

  • 7,055 Sq Ft Home
  • 2-Story Property
  • Electric Oven
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 12 Bathrooms

Parking

  • 8 Open Parking Spaces
  • 4 Covered Spaces
  • Assigned Parking

Utilities

  • Radiant Heating System
  • Property is located within a water district

Community Details

  • 10 Units
  • Laundry Facilities
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity
  • The owner pays for water
  • Assessor Parcel Number 4261-015-019

Property Details

Home Type

Multi-Family

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Contemporary
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 7055
  • Lot Acreage: 0.1869
  • Stories: 2
  • Year Built: 1966
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven-Electric
  • Bedrooms: 10
  • Laundry: Community
  • Laundry Equipment: Lease
  • Total Bathrooms: 12.00
  • Equipment: Refrigerator, Range/Oven
  • Price Per S Q F T: 389.79

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 8
  • Covered Parking: 4
  • Parking Garage: Assigned

Utilities

  • Heating: Electric, Radiant
  • Water: Water District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 66.50
  • Assessed Improvement Value: 240343
  • Assessed Land Percent: 33.5
  • Assessed Land Value: 121092
  • Total Assessed Value: 361435
  • Assessor Parcel Number: 4261-015-019
  • Lot Size Area: 8141

Rental Info

  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 15.70
  • Number Of Units: 10
  • Total Annual Expense: 79002
  • Type Of Units: multiple
  • Vacancy Rate: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 Sold $2,550,000 -7.3% $361 / Sq Ft
06/09/2025 06/09/25 Pending -- -- --
04/29/2025 04/29/25 Price Changed $2,750,000 -15.4% $390 / Sq Ft
01/09/2025 01/09/25 Price Changed $3,250,000 -7.1% $461 / Sq Ft
11/07/2024 11/07/24 For Sale $3,500,000 0.0% $496 / Sq Ft
06/21/2023 06/21/23 For Rent $1,000 0.0% --
05/30/2023 05/30/23 Price Changed $1,000 -54.4% $1 / Sq Ft
05/23/2023 05/23/23 Price Changed $2,195 +119.5% $3 / Sq Ft
05/18/2023 05/18/23 For Rent $1,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Bill Friedman

    Seller's Agent in 2025

    Bill Friedman

    Coldwell Banker Realty

    (424) 702-3007

    1 in this area

    17 Total Sales

    Bill Friedman
    Section Image
  • Michael Monempour

    Buyer's Agent in 2025

    Michael Monempour

    Lyon Stahl Investment Real Estate, Inc.

    (310) 270-8423

    1 in this area

    48 Total Sales

    Michael Monempour
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 24-459255

The MLS
California Los Angeles County Los Angeles 90025 Sawtelle

1738 Colby Ave, Los Angeles, CA

This home is located at 1738 Colby Ave, Los Angeles, CA 90025 and is currently priced at $2,550,000, approximately $361 per square foot. This property was built in 1966. 1738 Colby Ave is a home located in Los Angeles County with nearby schools including Nora Sterry Elementary School, Daniel Webster Middle School, and University High School Charter.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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