Huge 750k 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 11.6% Cap Rate and 6.8 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.
For sale
$2,250,000
316 Columbia Ave, Los Angeles, CA 90017
11beds
8baths
4,444sqft
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$506/sqft
$-- HOA
What's special
- 23 days |
- 37 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Alex 'Zan' Sacker DRE # 01279796 310-560-1622,
KW Westside Estates 310-482-2200
Source: CLAW,MLS#: 26866465
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 8
Rooms
- Room types: Converted Garage, Other, Bonus Room
Heating
- Central
Cooling
- Air Conditioning, Central Air
Features
- Flooring: Laminate
Interior area
- Total structure area: 4,444
- Total interior livable area: 4,444 sqft
Property
Parking
- Total spaces: 3
- Parking features: Detached
- Has garage: Yes
Features
- Levels: Multi/Split
- Stories: 2
- Has view: Yes
- View description: City Lights, City
Lot
- Size: 7,087 Square Feet
Details
- Additional structures: None
- Parcel number: 5153026006
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Multi Family
Condition
- Year built: 1953
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $506/sqft
- Tax assessed value: $1,020,000
- Date on market: 7/31/2026
- Tenant pays: Gas, Electricity, Trash Collection, Water
Estimated market value
Not available
Estimated sales range
Not available
$1,292/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/3/2026 | Listed for sale | $2,250,000+95.7%$506/sqft |
Source:  CLAW #26866465 Report a problem | ||
| 5/1/2026 | Listing removed | $1,695 |
Source: Zillow Rentals Report a problem | ||
| 4/30/2026 | Listed for rent | $1,695 |
Source: Zillow Rentals Report a problem | ||
| 2/18/2023 | Listing removed | $1,149,999+15%$259/sqft |
Source: CLAW #20-626742 Report a problem | ||
| 2/17/2022 | Sold | $1,000,000-13%$225/sqft |
Source: Public Record Report a problem | ||
| 1/14/2022 | Pending sale | $1,149,999$259/sqft |
Source: CLAW #20-626742 Report a problem | ||
| 8/18/2021 | Listed for sale | $1,149,999$259/sqft |
Source:  CLAW #20626742 Report a problem | ||
| 5/6/2021 | Listing removed | -- |
Source:  Keller Williams Report a problem | ||
| 2/13/2021 | Price change | $1,149,999-8%$259/sqft |
Source: Keller Williams Santa Monica #20-626742 Report a problem | ||
| 9/1/2020 | Listed for sale | $1,249,999+303.2%$281/sqft |
Source: Keller Williams-Santa Monica #20626742 Report a problem | ||
| 12/4/2002 | Sold | $310,000+47.6%$70/sqft |
Source: Public Record Report a problem | ||
| 5/29/2001 | Sold | $210,000$47/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $1,083,255 +2% |
| 2025 | $13,737 +1.1% | $1,062,032 +2% |
| 2024 | $13,583 +1.8% | $1,041,225 +2% |
| 2023 | $13,339 +5.2% | $1,020,825 +8.4% |
| 2022 | $12,683 +116.1% | $941,332 +126.5% |
| 2021 | $5,868 -0.8% | $415,599 +1% |
| 2020 | $5,916 | $411,347 +2% |
| 2019 | $5,916 +6.5% | $403,298 +2% |
| 2018 | $5,555 | $395,407 +2.2% |
| 2017 | $5,555 +2.8% | $386,846 +2% |
| 2016 | $5,406 +2.8% | $379,262 +1.5% |
| 2015 | $5,259 +0.2% | $373,566 +2% |
| 2014 | $5,250 | $366,249 +5.3% |
| 2010 | -- | $347,822 -0.2% |
| 2009 | -- | $348,650 +10.4% |
| 2004 | -- | $315,787 +1.9% |
| 2003 | -- | $310,000 +38.8% |
| 2002 | -- | $223,380 +183.6% |
| 2000 | -- | $78,778 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Westlake
Nearby schools
GreatSchools rating
- 4/10Gratts Learning Academy For Young Scholars (GLAYS)Grades: K-5Distance: 0.1 mi
- 2/10John H. Liechty Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.2 mi
- $--2 bd1 ba-- sqft318 Columbia Ave #1/2, Los Angeles, CA 90017Off Market
- $1,9952 bd1 ba-- sqft318 Columbia Ave, Los Angeles, CA 90017For Rent
- $---- bd1 ba500 sqft320 1/4 Columbia Ave, Los Angeles, CA 90017Off Market
- $---- bd1 ba300 sqft322 1/4 Columbia Ave, Los Angeles, CA 90017Off Market
- $---- bd1 ba-- sqft324 1/2 Columbia Ave #8700928, Los Angeles, CA 90017Off Market
- $---- bd1 ba400 sqft320 Columbia Ave #1/4-324, Los Angeles, CA 90017Off Market
- $303,4001 bd1 ba650 sqft320 Columbia Ave #322-1/2, Los Angeles, CA 90017Off Market
- $---- bd1 ba250 sqft320 Columbia Ave #324-1/2, Los Angeles, CA 90017Off Market
A local agent can set up tours, give advice and negotiate with sellers.
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