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717 Columbia Avenue presents a unique multifamily investment opportunity in the Westlake area of Downtown Los Angeles just West of the 110 Freeway and East of Koreatown. The 2-story wood frame/stucco property consists of a 37-unit residential building with a diverse unit mix that includes 1 single unit, 28 bachelor units (own bathroom with shower but no kitchen), and 8 single-room occupancy units - SRO (no bathroom and no kitchen). The property has a shared community kitchen for all units and community bathrooms for the 8 SRO units. The property is master metered for gas and electric and has no parking. Short distance to LA Live and Crypto Arena, the property benefits from strong rental demand driven by nearby employment centers, public transit access, and a wide range of dining, retail, and entertainment options. In addition, there are many nearby colleges. The small and efficient unit mix is well-suited to tenants seeking affordable living options within the city core. With its prime location and efficient unit configuration, 717 Columbia Avenue provides investors with the potential for steady cash flow and long-term appreciation in one of Los Angeles' most dynamic rental markets.
Property Type(s):
Residential Income
| Last Updated | 4/18/2026 | Year Built | 1922 |
|---|---|---|---|
| Community | 699 - Not Defined | County | Los Angeles |
Additional Details
| AREA | 699 - Not Defined |
|---|---|
| HEAT | Wall Furnace |
| LOT | 5750 sq ft |
| LOT DIMENSIONS | 5749 |
| POOL DESCRIPTION | None |
| SEWER | Unknown |
| STORIES | 2 |
| WATER | Other |
Location
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The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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