$3,330,000
-$370,000717 Columbia Avenue, Los Angeles CA 90017
Multi-Family (37 Units)
Property type
48 days
On market
$335
Price per sqft
0 cars
Garage
1922
Year built
5,749 sqft
Lot size
Open Houses
Overview
717 Columbia Avenue presents a unique multifamily investment opportunity in the Westlake area of Downtown Los Angeles just West of the 110 Freeway and East of Koreatown. The 2-story wood frame/stucco property consists of a 37-unit residential building with a diverse unit mix that includes 1 single unit, 28 bachelor units (own bathroom with shower but no kitchen), and 8...
Listing provided by: Jonathan Minerick DRE #01523060 888-400-2513, Homecoin.com
Listing updated: May 19, 2026 at 03:13pm.
Last checked: Jun 5, 2026 at 10:30am
Source: CRMLS #TR26082104
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 30 | 30 | 30 | — | $26,368 | $26,368 | $26,900 | Unfurnished |
| 6 | 6 | 0 | — | $3,900 | $3,900 | $4,200 | Unfurnished |
| 1 | 0 | 0 | — | $562 | $562 | $700 | Unfurnished |
# of Buildings: 1
# of Units Total: 37
Separate Electric Meters: 1
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: Yes
Financial Snapshot
Gross Rent Multiplier
8.9x
List Price / Annual Gross Rent
Cap Rate
5.43%
NOI / List Price
Gross Scheduled Income: $374,404
Vacancy Allowance: $11,232
Operating Expense: $162,303
Net Operating Income: $200,868
Annual Operating Expenses
Electric: $0
Fuel: $22,516
Insurance: $0
New Taxes: $46,250
Professional Management: $0
Trash: $7,632
Water / Sewer: $0
Interior
Heating: Wall Furnace
Laundry: Common Area
Entry Location: 1
Exterior
Property Attached: Yes
Stories Total: 2
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Other
Sewer: Unknown
Garage and Parking
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5142022006
Additional Parcels: No
Tax Lot: 6
Tax Block: 37
Community
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 717 Columbia Avenue, Los Angeles, CA 90017. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$2,664,000
Total Interest
$3,397,785
Total Payment
$6,061,785
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$20,457
per month
Property History for 717 Columbia Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90017.
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