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2044 Colby Ave, Los Angeles, CA 90025
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2044 Colby Ave Los Angeles, CA 90025

$1,495,000 Sold Price as of 02/24/2020
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$1,495,000 Sold Price as of 02/24/2020 Refinance Your Mortgage
Map preview of 2044 Colby Ave, Los Angeles, CA 90025

Property Overview: 2044 Colby Ave Los Angeles, CA has -- bedrooms, -- bathrooms, -- living square feet and 5,961 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Charming traditional duplex in heart of West Los Angeles. 2 bedroom + 1 bath with spacious layout. Back unit has private yard and 2-car garage. Great investment opportunity. Currently tenant occupied. Additional duplex next door is for sale, can be purchased together or separately.

Listed by Steve Sawai | BRE #00607215 | Compass
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 15

Home details

Lot Sq. Ft
5,961
HOA Dues
$0/mo
Year built
1944
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
20544556
City
Los Angeles
County
Los Angeles
Time on Site
1199 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $49,140
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 2044 Colby Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Assigned
Property Information
  • Total # of Units: 2
  • Parcel Number: 4261036022
Location / Neighborhood
Location Information
  • Directions: North of Olympic, West of 405FWY.
View more facts & features

Local Los Angeles Agent

Sale History for 2044 Colby Ave

Last sold for $1,495,000 on February 24th, 2020

  • July, 2021

  • Jul 1, 2021

    Date

    Canceled

    CRMLS: 21705532

    $3,700,000

    Price

  • Mar 26, 2021

    Date

    Price Change

    CRMLS: 21705532

    $3,700,000

    Price

  • Mar 15, 2021

    Date

    Active

    CRMLS: 21705532

    $3,800,000

    Price

  • Listing provided courtesy of CRMLS

    2044 & 2048 Colby Avenue is a prestigious development opportunity located in the coveted community of West Los Angeles. The properties are ideally located in prime West LA, just North of vibrant Olympic Blvd. Current improvements consist of two duplexes boasting an excellent unit mix of all large 2 bedroom 1 bath units. Each unit has significant rental upside and exudes the vintage charm of its era. The site is a perfect redevelopment project (Buyer to verify), as there are TWO separate lots (each 5,960 SF with its own APN) zoned R2. An astute developer will have the opportunity to earn income while getting entitlements to build 4 high end residential units (2 per parcel), either apartments or condominiums. Properties MUST be sold together.

  • February, 2020

  • Feb 24, 2020

    Date

    Sold

    CRMLS: 20544556

    $1,495,000

    Price

  • Jan 31, 2020

    Date

    Active Under Contract

    CRMLS: 20544556

    $1,495,000

    Price

  • Jan 17, 2020

    Date

    Active

    CRMLS: 20544556

    $1,495,000

    Price

  • February, 2020

  • Feb 24, 2020

    Date

    Sold (Public Records)

    Public Records

    $1,495,000

    Price

  • September, 2002

  • Sep 11, 2002

    Date

    Sold (Public Records)

    Public Records

    $514,000

    Price

Show More

Tax History for 2044 Colby Ave

Assessed Value (2020): $680,684
Year Land Value Improved Value Assessed Value
2020 $601,233 $79,451 $680,684

Home Value Compared to the Market

This property vs the competition

2044 Colby Ave sold on February 24, 2020 for 42.38% higher than the current median sold price for the city of Los Angeles which is $1,050,000.

About 2044 Colby Ave

Detailed summary of property

2044 Colby Ave is a multi family that recently sold in Los Angeles, CA 90025. This multi family property offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 5,961 square foot lot. 2044 Colby Ave was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $1,495,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 42.38% higher than the current median priced home. Local homes that are currently for sale include 1724 S Crescent Heights Blvd, 6064 Horner St and 8430 Fordham Rd. While the average home in Los Angeles, CA is selling in 97 days, 2044 Colby Ave has a days on market of 15 days. There are currently 3429 homes for sale in the Los Angeles real estate market and 2324 of them are single family homes while 1008 of them are condos and 91 are townhomes. For more information on this home for sale at 2044 Colby Ave Los Angeles, CA 90025 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2044 Colby Ave

Public county record property details
Beds
4
Baths
2
Year built
1944
Sq. Ft.
1,536
Lot Size
5,960
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
4261-036-022

The source for these homes facts are from public records.

90025 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,199,000
Median List Price/Sq.Ft.
$749
Median Sold Price
$1,250,000
Median Sold Price/Sq.Ft.
$733
Total Inventory
101
Median Sale to List Price %
96.53%
Avg Days on Market
25
Loan Type
Conventional (20%), FHA (0%), VA (0%), Cash (6.67%), Other (6.67%)

Thinking of Selling?

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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, 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.

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