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Listed by Rudy Zuniga, DRE #01489677 • Loan Advisor Group
$1,549,000
Est. payment /mo
6,077 Sqft Lot
Active
520 W Colden Los Angeles, CA 90044
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26145090
Year Built 2008
Lot Size 6,077 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
520-522 W. Colden Avenue is a rare four-unit opportunity ideal for a first-time investor or owner-user seeking rental offsets, modern construction, and a more attainable path into Los Angeles multifamily ownership. The property consists of a 2008-built front duplex with two large 4BD/2BA residences, plus a newly constructed rear ADU duplex featuring two approx. 950 SF 2BD/2BA units with a 2026 Certificate of Occupancy forthcoming in July 2026. Owner-user appeal is significant. A buyer may occupy the updated vacant front 4BD/2BA residence while collecting income from the other three units. Current/projected rents include 520 W. Colden at $2,987/month, 520 1/2 W. Colden at $2,635/month including utilities, and vacant 520 1/4 W. Colden projected at $2,635/month, totaling approx. $8,257/month before leasing the vacant front residence. This property may be attractive to qualified first-time buyers because it falls within the 1-4 unit residential category, which may allow access to owner-occupied financing programs not available to larger multifamily assets. Qualified buyers may be able to explore FHA low-down-payment financing, including potential 3.5% down options, along with first-time buyer, down-payment assistance, and homebuyer programs, subject to borrower, income, occupancy,
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Laundry 30, Other, Washer, Dryer, 9
Exterior
Pool None
Building
Lot Description Paved
Story One Story
Water District - Public
Others
Tax ID 6054028010
Special Listing Condition Not Applicable
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