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Sold for $1,625,000
  • $1,625,000

    1515 Colorado Blvd, Los Angeles, CA 90041

    14beds
    7baths
    6,388sqft
    Multi Family
    Built in 1963
    -- sqft lot
    $2,183,300 Zestimate®
    $254/sqft
    $2,603 Estimated rent

    Home value

    $2,183,300

    $1.77M - $2.66M

    $2,603/mo

    Zestimate® history
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    What's special

    Mid-century buildingIncredible unit mix
    We are proud to present an exceptional investment opportunity in Prime Eagle Rock: A rare 7-unit apartment + 1 commercial unit on 2 separate parcels sprawled across 15,882 Square Feet of Land located in the highly sought-after neighborhood of Eagle Rock on famous Colorado Blvd. The property is being offered for sale by the original developer's family and is poised for multiple ADU additions on one lot, and residential development potential on the second lot, with both lots designated in Tier 4 TOC Buyer to Verify. The property consists of 3 separate structures across both lots: a (7) Unit Mid-Century Building built in 1963, boasting an incredible unit mix of 100% Two Bedroom & 1 Bathroom units and a commercial space built in 1924 with a total square footage of 6,388 SF and a 400 SF Covered Garage. 1513Colorado is zoned (Q) C4-2D, and 1515 Colorado is zoned both (Q) C4-2D & R1-1 both Lots are Tier 4 TOC. Q Condition: 100% residential development prohibited, Residential Density Limited to RD1.5 Zone, Subject to the provisions of the Colorado Blvd Corridor Specific Plan. Strategically located in the heart of Eagle Rock, this property boasts a Walk Score of 85 ("Very Walkable"), where most errands can be completed on foot. It's just steps away from Trader Joes, Cindy's, Found Coffee, and within minutes to Eagle Rock favorites: Casa Bianca Pizza, Eagle Rock Italian Bakery, Little Beast, and The Oinkster, Capri Club & Walt's Bar. **Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & Q Condition, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY-DRIVE BY ONLY **

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Dilanian DRE # 01951699 213-233-4379,

    Remax Commercial and Investment Realty 213-817-1000,

    Patrick Dilanian DRE # 01823895 213-233-4393,

    Remax Commercial and Investment Realty

    Bought with:

    Eric Dilanian, DRE # 01951699

    Remax Commercial and Investment Realty

    Patrick Dilanian, DRE # 01823895

    Remax Commercial and Investment Realty

    Source: CLAW,MLS#: 25603593MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 14
    • Bathrooms: 7
    Heating
    • Wall
    Cooling
    • Wall Unit(s)
    Appliances
    • Laundry: Common Area
    Interior area
    • Total structure area: 6,388
    • Total interior livable area: 6,388 sqft

    Property

    Parking
    • Total spaces: 20
    • Parking features: Driveway, Garage - 1 Car, Covered, Open
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.37 Acres
    Details
    • Additional structures: Other
    • Parcel number: 5669012044
    • Zoning: LAC4
    • Special conditions: Standard
    • Other equipment: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1963

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $254/sqft
    • Tax assessed value: $769,378
    • Annual tax amount: $11,404
    • Date on market: 10/9/2025

    Price history

    DateEventPrice
    1/16/2026Sold$1,625,000-9.7%$254/sqft
    Source: CLAW #25603593 Report a problem
    12/19/2025Pending sale$1,800,000$282/sqft
    Source: CLAW #25603593 Report a problem
    12/2/2025Contingent$1,800,000$282/sqft
    Source: CLAW #25603593 Report a problem
    11/12/2025Price change$1,800,000-22.6%$282/sqft
    Source: CLAW #25603593 Report a problem
    10/9/2025Listed for sale$2,325,000$364/sqft
    Source: CLAW #25603593 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,404 +2%$785,865 +2%
    2024$11,176 +7.3%$770,478 +2%
    2023$10,413 +4.4%$755,393 +2%
    2022$9,973 +1.5%$740,603 +2%
    2021$9,826 -0.8%$726,104 +1%
    2020$9,910 $718,671 +2%
    2019$9,910 +5.9%$704,602 +2%
    2018$9,359 $690,809 +2.2%
    2017$9,359 +2.5%$676,186 +2%
    2016$9,127 +3%$662,928 +1.5%
    2015$8,865 $652,972
    Find assessor info on the county website

    Neighborhood: Eagle Rock

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,183,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,183,300