Thank you
Bryan Glenn
Kidder Mathews of California, Inc.
858-369-3010
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.
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Unit No | Unit Key | Total Bath | Total Bed | Full Bath | Half Bath |
---|---|---|---|---|---|
1 | 1044900339 | 1 | 1 | 0 | 0 |
2 | 1044900339 | 1 | 1 | 0 | 0 |
3 | 1044900339 | 2 | 2 | 0 | 0 |
4 | 1044900339 | 2 | 2 | 0 | 0 |
Total Bedrooms : 10
Total Baths: 10
Full Baths: 0
Half Baths: 0
Property Appliances: Dishwasher,Gas Oven,Refrigerator
Central Air,Wall/Window Unit(s)
Air Conditioning
Natural Gas
Has Heating
Year Built: 1960
Building Area Total: 7,614
Common Area
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 0.1193
Lot Size Source: Assessor
Lot Size Square Feet: 5197
Original List Price: 4,350,000
Listing Contract Date: 2023-09-05
Listing Agreement: Exclusive Right To Sell
Parcel Number: 4334016040
Garage Description: Attached Carport,Garage,Tandem
Attached Garage: Yes
Lease Term: Negotiable
Source Listing Status: Active Under Contract
Source Neighborhood: C19 - Beverly Center-Miracle Mile
Postal Code Plus 4: 4021
Directions: South of Burton Way and west of La Cienega Blvd.
Zoning: LAR3
Source Property Type: Residential Income
Area: C19 - Beverly Center-Miracle Mile
Property Age: 64
Year Built Source: Vendor Enhanced
Total Square Feet Living: 7614
Levels or Stories: One
Building Total Stories: 1
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
9000 W 3rd Street #PENT.., Los Angeles, CA,90048 | $27,000,000 | -- | -- | 12,700 | 56037 Sqft |
9000 W 3rd Street #503, Los Angeles, CA,90048 | $5,000,000 | 2 | 2 | 2,480 | 56037 Sqft |
9000 W 3rd Street #902, Los Angeles, CA,90048 | $6,900,000 | 2 | 2 | 2,512 | 56037 Sqft |
9000 W 3rd Street #209, Los Angeles, CA,90048 | $4,495,000 | 2 | 3 | 2,835 | 56037 Sqft |
9000 W 3rd Street #104, Los Angeles, CA,90048 | $3,000,000 | 2 | 3 | 2,400 | 56037 Sqft |
132 N Swall Drive #201, Los Angeles, CA,90048 | $1,785,000 | 2 | 2 | 1,450 | 11660 Sqft |
322 S Swall Drive, Los Angeles, CA,90048 | $3,200,000 | 10 | -- | 6,850 | 5405 Sqft |
9000 W 3rd Street #305, Los Angeles, CA,90048 | $2,750,000 | 1 | 2 | 1,418 | 56037 Sqft |
448 N Laurel Avenue, Los Angeles, CA,90048 | $2,695,000 | 3 | 2 | 2,297 | 6540 Sqft |
6626 W 6th Street, Los Angeles, CA,90048 | $2,150,000 | 6 | -- | 3,567 | 5937 Sqft |
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ByOwner last updated this listing 05/05/2024 @ 19:37
MLS: 23306721
LISTED BY: Bryan Glenn, Kidder Mathews of California, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.