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  • 318 Columbia Avenue

318 Columbia Avenue, Los Angeles, CA 90017

$2,350,000 Approx. USD 11 beds, 8 baths
4,444 sqft
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Photo of Liz Milan

Liz Milan REALTOR® - Sales Associate 818-516-3244 m
626-440-5100 o
Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com Text Me
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Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
Phone: 626-440-5100
Fax: 626-568-8120
 Pasadena 540 South Lake Ave
Pasadena, CA 91101
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Listing Agent


Alex 'Zan' Sacker | zan@sackerlovell.com
Lic#: 01279796
Broker: Courtesy of KW Westside Estates
Phone: 310-560-1622

Agent Remarks

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 remodeled from the studs with permits and boast a high-end aesthetic with new modern cabinets, flooring, lighting, new bathrooms, HVAC systems as well as major exterior capital improvements. Diverse unit mix of 4 (1bed/1bath) units, 2 (2bed/1bath) units, and 1 spacious brand-new (3bed/2bath) unit. Additionally, the major systems have been updated including electrical, plumbing, windows, etc. Individually Metered for Gas & Electricity. Large 7,084 SF R3-1 Lot TOC Tier 2 with future development potential. Excellent Westlake location just steps away from the trendy Echo Park, FilipinoTown, DTLA, and Koreatown.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26832893
Price: $2,350,000
Beds: 11
Baths: 8
Built in 1953
4,444 sqft
0.16 acres
Lot size: 0.1627
County: Los Angeles
Property style: Contemporary
Zoning: LAR3
Heating/cooling: Central Air
Heating description: Central
MLS area: C42 - Downtown L.A.

Last Updated: 6/16/2026

 Days On Market (DOM): 34

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This listing belongs to the C42 - Downtown L.A. MLS area

The style of this listing is Contemporary.
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Lat/Long: 34.058788, -118.264610.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Liz Milan

Liz Milan REALTOR® - Sales Associate 818-516-3244 m
626-440-5100 o
Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com Text Me
Call My Cell
Call My Office
Lic#: 01138271
NRDS ID: 629006383
lizmilan@bhhscal.com
Pasadena Office
540 South Lake Ave
Pasadena, CA 91101
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