The investment opportunity located at 2245 Las Colinas features 8 large units, including a potential Studio ADU conversion. The other units are all two bed, two bath units with large floor areas (Buyer to confirm exact sf). Built in 1991, this building is not subject to Los Angeles RSO, only state-level AB 1482 rental ordinance. The building has undergone several capital projects, including new gutters, a re-painting in 2014 and a brand new roof in 2018. All units are on the second and third floors with parking on the ground floor, but the parking level was constructed with all steel frames, so no soft-story retrofit is required. Each unit is provided two tandem parking spaces. The driveway ceiling has fire sprinkler systems, and every unit has central AC! The Las Colinas property has a walk score of 88, meaning that the immediate area is flush with tenant amenities and high quality attractions. There are trendy coffee shops, restaurants, and boutiques within walking distance, and Occidental College is only a quick half mile walk from the property! The Eagle Rock neighborhood is growing in popularity every year, offering a tranquil escape from the bustling city while still being conveniently located close to all the amenities that Los Angeles has to offer!
Sold for $3,075,000 on 12/04/23
Listing Provided by:
Josh Cohen DRE #01346713 310-480-2130,
Keller Williams Beach Cities
$3,075,000
2245 Las Colinas Ave, Los Angeles, CA 90041
--beds
--baths
7,280sqft
Multi Family
Built in 1991
-- sqft lot
$2,906,900 Zestimate®
$422/sqft
$3,225 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2023 at 09:37am
Listing Provided by:
Josh Cohen DRE #01346713 310-480-2130,
Keller Williams Beach Cities
Bought with:
YVONNE MATLOFF, DRE #00908463
TSE REALTY & MANAGEMENT SERVIC
Source: CRMLS,MLS#: SB23163075
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,280
- Total interior livable area: 7,280 sqft
Property
Parking
- Total spaces: 16
- Parking features: Garage
- Garage spaces: 16
Features
- Entry location: Front
- Pool features: None
Lot
- Size: 6,682 sqft
- Features: Rectangular Lot
Details
- Additional parcels included: 5685016024, 5685016025, 5685016026, 5685016027, 5685016028, 5685016029, 5685016030
- Parcel number: 5685016023
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
Services availability
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Estimated market value
$2,906,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,906,900