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318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
318 Columbia Avenue, Los Angeles CA 90017
California>Los Angeles>Westlake North

318 Columbia AvenueLos Angeles, CA 90017

For Sale

$2,575,000

Smart Buyer Rebate $25,750

Price Reduction! Once in a lifetime 100% Fully Renovated & 100% Fully Occupied 7-unit apartment building with permits cash flowing at an amazing 7.25% Cap Rate from day 1! Fully Approved RTI plans to add 6 detached ADUs to achieve a remarkable 10.4% Cap Rate and 7.6 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.

Listed by Alex 'Zan' Sacker

·

License #01279796

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Keller Williams Los Angeles

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310-560-1622

Last updated December 03, 2025

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Source: CRMLS #25605343

Listing Facts

  • TypeMulti-family
  • NeighborhoodWestlake North
  • Bedrooms11
  • Days on Prevu58
  • Size4,444 sqft
  • Price per sqft$579

Amenities

  • Air Conditioning
  • Parking

Location

Mortgage Calculator

Listing History

12/01/2025
Price Decreased
$2,575,000
10/27/2025
Status changed to Active
$2,650,000
10/24/2025
Status changed to Removed from Feed
$2,650,000
10/14/2025
Listed by Keller Williams Los Angeles
$2,650,000

Property Details for 318 Columbia Avenue

Exterior

Construction

  • Number Of Units Total: 7
  • Stories Total: 2
  • Year Built: 1953
  • Architectural Style: Contemporary

Features

  • Direction Faces: West
  • View: City Lights

Measurements

  • Building Area Total: 4,444
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,086
  • Lot Size Square Feet: 7,086
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 7.25
  • Gross Income: $241,948.00

Taxes

  • Parcel Number: 5153026006

Interior

Features

  • Flooring: Laminate

Measurements

  • Living Area: 4,444

Rooms

  • Bathrooms Total Integer: 8
  • Bedrooms Total: 11

Parking

Parking

  • Parking Total: 3

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There are 11 bedrooms in this multi-family home at 318 Columbia Avenue.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 318 Columbia Avenue.

How does 318 Columbia Avenue compare to other multi-family homes in Westlake North?

This multi-family home is listed 67% above the average price for multi-family homes in Westlake North and has been on the market for 58 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,444 sqft.

318 Columbia Avenue is a 11-bedroom multi-family home for sale in Los Angeles CA 90017. Listed on Prevu for 58 days at $2,575,000. This includes a recent price decrease of $75,000. This residence features 4,444 square feet of living space, located in Westlake North. The median listing price for multi-family homes in this area is $1,162,500. Property amenities include air conditioning and parking. View other multi-family home listings in Los Angeles.

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.