StatusAccepting Backup Offers (Active Under Contract)
About 8535 Colgate Ave
8535 Colgate Ave is AN INCREDIBLE INVESTMENT AND THE ULTIMATE OWNER-OCCUPANT APARTMENT BUILDING. This is a one-of-a-kind property located at the intersection of Beverly Hills and West Hollywood. The property has three VACANT, fully furnished and designer-renovated units! No expense has been spared and no detail missed from the designer wallpaper to the custom-made furniture and right down to the place settings, everything has been done in style. This condo-quality 6-unit apartment building is a truly unique opportunity for an investor or owner-user to acquire a stunning pride of ownership building that's steps from Burton Way and across the street from 8500 Burton, Trader Joe's and the SLS Hotel. The property offers a rare and ideal combination of having undergone an extensive renovation while still maintaining huge rental upside and unlocked value potential. The property also features smart thermostats, mounted televisions, custom window treatments, and built-in modern closets with jewelry drawers! Most units even include a private patio or balcony. There are so many things that set this boutique building apart including the fact that the apartments throughout the building have no shared walls. There are only two apartments per floor with an upgraded elevator that opens to private lobbies. 8535 Colgate is steps from Restaurant Row, Cedars Sinai, the retail on Robertson and the Beverly Center. You will not find a location that's surrounded by more dining, entertainment and nightlife options. The quality of the property and the immaculate location make this a one-of-a-kind opportunity.
Property Details
Property Features
Property Information:
Year Built: 1960
Stories: 3
Living Area: 7,614 SqFt
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Bryan Glenn
Interior Features
Interior Information:
Appliances: Dishwasher, Gas Oven, Refrigerator
Bedroom and Bathroom Information:
Total Bedroom Count: 10
Exterior Features
Parking Information:
Attached Garage: Yes
Parking: Attached Carport, Garage, Tandem
Lot Features
Lot Information:
Lot Size: 0.12 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Cooling: Central Air, Wall/Window Unit(s)
School Info
Assigned Schools Information:
Fairfax Senior High School, Public Magnet 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
John Burroughs Middle School, Public Magnet Grades 6-8
Studio, Public District Grades 6-8
Rosewood Avenue Elementary School, Public District Grades KG-6
West Hollywood Elementary School, Public District Grades KG-6
Melrose Avenue Elementary School, Public Magnet Grades KG-6
Other
Directions Information:
Directions: South of Burton Way and west of La Cienega Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $4,350,000
Price Per SqFt: $571/SqFt
Tax Information:
Annual Amount: $15,541
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $3.3M more than the Median Sold Price and $57/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: #23306721
Listing Office:
Office Name: Kidder Mathews of California, Inc.
Office Phone: (858) 369-3010
Listing Agent: Bryan Glenn
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: 4/28/2024, 11:25:20 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
DATE
EVENT
PRICE
Dec 28, 2011
Dec 28, 2011Home Sold
$1,712,500
Dec 29, 2006
Dec 29, 2006Home Sold
$1,875,000
Sep 22, 1992
Sep 22, 1992Home Sold
$20,000
Jun 05, 1989
Jun 05, 1989Home Sold
$850,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$15,541
$1,226,645
2020
$15,106
$1,214,069
2019
$14,987
$1,190,264
2018
$14,634
$1,166,927
2017
$14,634
$1,144,047
History based on county public records data.
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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
7
/10
Rosewood Avenue Elementary School
503 N Croft Ave
Distance between this listing and this school0.70 miles
Public District Grades KG-6
9
/10
West Hollywood Elementary School
970 Hammond St
Distance between this listing and this school1.38 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.07 miles
Public Magnet Grades KG-6
Middle School
8
/10
John Burroughs Middle School
600 S Mccadden Pl
Distance between this listing and this school2.43 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.41 miles
Public District Grades 6-8
High School
4
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school1.35 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school9.77 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school10.94 miles
Public Magnet Grades 9-12
Assigned Schools
7
/10
Rosewood Avenue Elementary School
503 N Croft Ave
Distance between this listing and this school0.70 miles
Public District Grades KG-6
9
/10
West Hollywood Elementary School
970 Hammond St
Distance between this listing and this school1.38 miles
Public District Grades KG-6
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school2.07 miles
Public Magnet Grades KG-6
Assigned Schools
8
/10
John Burroughs Middle School
600 S Mccadden Pl
Distance between this listing and this school2.43 miles
Public Magnet Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school8.41 miles
Public District Grades 6-8
Nearby Schools
9
/10
Horace Mann Elementary School
8701 Charleville Blvd
Distance between this listing and this school0.45 miles
Public District Grades KG-8
Assigned Schools
4
/10
Fairfax Senior High School
7850 Melrose Ave
Distance between this listing and this school1.35 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school9.77 miles
Public Magnet Grades 9-12
8
/10
Daniel Pearl Journalism & Communications Magnet
6649 Balboa Blvd
Distance between this listing and this school10.94 miles
The neighbors living near this home have an average income of $53,534. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8535 Colgate Ave
What is the listing price of this property?
The listing price of 8535 Colgate Ave property is $4,350,000.
What type of property is this?
The property 8535 Colgate Ave is a house located in Los Angeles, California, 90048.
Is this property for sale now?
Accepting Backup Offers: 8535 Colgate Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
What are the assigned schools for this property?
The assigned schools for 8535 Colgate Ave are: Rosewood Avenue Elementary School: GreatSchools Rating 7/10West Hollywood Elementary School: GreatSchools Rating 9/10Melrose Avenue Elementary School: GreatSchools Rating 8/10John Burroughs Middle School: GreatSchools Rating 8/10Studio: GreatSchools Rating 4/10Fairfax Senior High School: GreatSchools Rating 4/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10Daniel 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 $15,541 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 28, 2011 for $1,712,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8535 Colgate Ave has 10 bedrooms and 10 bathrooms.
What is the square footage of this property?
The property 8535 Colgate Ave is 7,614 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8535 Colgate Ave is 1960.
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This home is located at 8535 Colgate Ave in Los Angeles, CA and zip code 90048 in the Central LA neighborhood. This 7,614 square foot home, which was built in 1960, sits on a 0.12 acre lot. Features: 10 bedrooms, 10 bathrooms. It has been listed on Rocket Homes since September 07, 2023 and is currently priced at $4,350,000.
In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. In March 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $975,970.
From Rocket Homes Real Estate and based on county public records data.