$2,350,000
318 Columbia Avenue, Los Angeles CA 90017
Multi-Family (7 Units)
Property type
18 days
On market
$529
Price per sqft
N/A
Garage
1953
Year built
7,086 sqft
Lot size
Home highlights
Open Houses
Overview
Huge 650k Price Reduction! Once in a lifetime 100% Fully Renovated 7-unit apartment building with permits cash flowing at an amazing Current 8% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 11.1% Cap Rate and 7 GRM after taking into account all constructions costs (~566k assuming $250/SF). All 7 units have been completely...
Listing provided by: Alex 'Zan' Sacker DRE #01279796 310-560-1622, KW Westside Estates
Listing updated: May 26, 2026 at 07:20am.
Last checked: Jun 3, 2026 at 11:01pm
Source: CRMLS #26832893
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $2,595 | $2,595 | $2,595 | Unfurnished |
| 1 | 2 | 1 | — | $3,244 | $3,244 | $3,195 | Unfurnished |
| 1 | 1 | 1 | — | $2,552 | $2,552 | $2,595 | Unfurnished |
| 1 | 3 | 2 | — | $4,091 | $4,091 | $3,995 | Unfurnished |
| 1 | 1 | 1 | — | $2,595 | $2,595 | $2,595 | Unfurnished |
| 1 | 2 | 1 | — | $3,144 | $3,144 | $3,195 | Unfurnished |
| 1 | 1 | 1 | — | $2,599 | $2,599 | $2,595 | Unfurnished |
# of Buildings: 2
# of Units Total: 7
Tenant Pays: Electricity, Gas, Trash Collection, Water
Financial Snapshot
Gross Rent Multiplier
9.4x
List Price / Annual Gross Rent
Cap Rate
8.04%
NOI / List Price
Net Operating Income: $188,001
Interior
Room Type: Bonus Room
Flooring: Laminate
Cooling: Central Air
Heating: Central
Exterior
Architectural Style: Contemporary
Stories Total: 2
Levels: Multi Split
Direction Faces: West
View: City Lights
Garage and Parking
Garage: Detached
Parking Total: 3
Lot Information
Land Lease: No
Parcel #: 5153026006
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 318 Columbia Avenue, Los Angeles, CA 90017. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,880,000
Total Interest
$2,397,836
Total Payment
$4,277,836
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,481
per month
Property History for 318 Columbia Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90017.
Similar Homes
Listings with similar prices to 318 Columbia Avenue