4 months on rocket

154 E Colden Ave, Los Angeles, CA, 90003

$850,000

Home List Price

$10,000*

Closing Credit

7 Bedrooms
3 Baths
2,524 SqFt
$337/SqFt
House
Schools Nearby

Location

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154 E Colden Ave, Los Angeles$850,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDoor-Multi, Garage
Garage2 spaces
Year Built1939
HeatingWall Furnace
CoolingNone
MLS #23338153
Lot Size0.12 Acres
StatusActive

About 154 E Colden Ave

We are pleased to present the opportunity to acquire a triplex in the Broadway-Manchester neighborhood of South Los Angeles. Built originally in 1939 as a duplex, this property is poised to receive a new certificate of occupancy in 2024 for the conversion of the original single-family home into two separate units. This property will feature two vacant 925 square foot units, each with 3-bedrooms and 1-bathroom, and a tenant-occupied 674 square foot 1-bedroom and 1-bathroom unit with a private patio. Together, they offer a total of 2,524 square feet of rentable space on a 5,410 square foot lot. The newer units are equipped with copper plumbing, updated electrical systems, and a newer roof, which is backed by a 10-year warranty thanks to a recent layer of protective silicone. The one-bedroom unit includes a two-car garage, providing valuable parking and storage space. Outdoor living is enhanced with a spacious shared patio for the three-bedroom units, ideal for relaxation and entertainment. For owner-occupiers, this triplex presents an exceptional opportunity for you to occupy one of the units while immediately generating rental income from the others. Additionally, favorable financing terms are available for owner-occupiers, including options with as low as 5% down, making it an accessible and attractive option for those looking to enter the multifamily ownership market. Essential public transportation options are readily available, with several stops near Main and Colden. Notable nearby attractions include The Forum, SoFi Stadium, Gramercy Park, and the renowned Earvin Magic Johnson Park. Additionally, for those who commute, the property's proximity to the 105 and 110 Freeways ensures easy access to various parts of Greater Los Angeles.

Property Details

Property Features

Property Information:

  • Year Built: 1939
  • Stories: 1
  • Living Area: 2,524 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 7

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Door-Multi, Garage

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

School Info

Assigned Schools Information:

  • Animo Watts College Preparatory Academy, Public Charter Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Samuel Gompers Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Ninety-Third Street Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: Head South on Main Street and turn left onto Colden Ave. The subject property is on the corner of Colden Ave. and Wall St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $850,000
  • Price Per SqFt: $337/SqFt

Tax Information:

  • Annual Amount: $2,450
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

154 E Colden Ave vs Los Angeles

146 DAYS ON ROCKET

+112 Days

$850,000

-$136.4K Less

$337/SqFt

-$295 Less

KEY TAKEAWAY

This property is $136.4K less than the Median Sold Price and $295/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23338153

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (818) 212-2700
  • Listing Agent: Sevak Keshishian

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 21, 1990Home Sold
$80,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,450$137,787
2020$2,385$136,376
2019$2,298$133,703
2018$2,249$131,082
2017$2,249$128,513

History based on county public records data.

Payment Calculator

$4,310

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,615

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5005207
3
/10

  • Ninety-Third Street Elementary School

  • 330 E 93rd St

  • 0.26 miles

  • Public District Grades KG-6

school-card-donut-5005208
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 10.26 miles

  • Public Magnet Grades KG-6

school-card-donut-5005209
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 16.26 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-5005210
4
/10

  • Samuel Gompers Middle School

  • 234 E 112th St

  • 1.17 miles

  • Public District Grades 6-8

school-card-donut-5005211
4
/10

  • Studio

  • 2211 W Avenue 30

  • 10.94 miles

  • Public District Grades 6-8

High School

school-card-donut-5005212
2
/10

  • Animo Watts College Preparatory Academy

  • 12628 Avalon Blvd

  • 2.18 miles

  • Public Charter Grades 9-12

school-card-donut-5005213
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 7.02 miles

  • Public Magnet Grades 9-12

school-card-donut-5005214
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 21.30 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,307. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 154 E Colden Ave

What is the listing price of this property?

The listing price of 154 E Colden Ave property is $850,000.

What type of property is this?

The property 154 E Colden Ave is a house located in Los Angeles, California, 90003.

Is this property for sale now?

Active Listing: 154 E Colden Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 154 E Colden Ave are:
Ninety-Third Street Elementary School: GreatSchools Rating 3/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
Samuel Gompers Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Animo Watts College Preparatory Academy: GreatSchools Rating 2/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,450 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 21, 1990 for $80,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 154 E Colden Ave has 7 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 154 E Colden Ave is 2,524 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 154 E Colden Ave is 1939.

Rocket Homes›California›Los Angeles County›Los Angeles›90003›154 E Colden Ave

This home is located at 154 E Colden Ave in Los Angeles, CA and zip code 90003 in the South LA neighborhood. This 2,524 square foot home, which was built in 1939, sits on a 0.12 acre lot. Features: 7 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $850,000.

Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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