$1,549,000
Los Angeles, CA 90044
2008
Year Built
Los Angeles
County
Quadruplex
Property Type
520–522 W. Colden Avenue is a rare four-unit opportunity ideal for a first-time investor or owner-user seeking rental offsets, modern construction, and a more attainable path into Los Angeles multifamily ownership. The property consists of a 2008-built front duplex with two large 4BD/2BA residences, plus a newly constructed rear ADU duplex featuring two approx. 950 SF 2BD/2BA units with a 2026 Certificate of Occupancy forthcoming in July 2026. Owner-user appeal is significant. A buyer may occupy the updated vacant front 4BD/2BA residence while collecting income from the other three units. Current/projected rents include 520 W. Colden at $2,987/month, 520 1/2 W. Colden at $2,635/month including utilities, and vacant 520 1/4 W. Colden projected at $2,635/month, totaling approx. $8,257/month before leasing the vacant front residence. This property may be attractive to qualified first-time buyers because it falls within the 1–4 unit residential category, which may allow access to owner-occupied financing programs not available to larger multifamily assets. Qualified buyers may be able to explore FHA low-down-payment financing, including potential 3.5% down options, along with first-time buyer, down-payment assistance, and homebuyer programs, subject to borrower, income, occupancy, lender, property, and program eligibility. STAGED PHOTOS ARE DIGITALLY STAGED. The front duplex is represented as not subject to the Los Angeles City Rent Stabilization Ordinance due to its 2008 construction date, while the rear ADU duplex has a 2026 CFO forthcoming. Buyer to verify all regulatory status, permits, certificates, zoning, rent-control applicability, expenses, income, financing eligibility, and program availability. The vacant front 4BD/2BA residence has been updated with new kitchen cabinetry, dishwasher, bathroom vanities, flooring, and fresh interior paint. The rear ADUs feature new electrical panels, all-electric systems, mini-split air conditioning/heating, and full appliance packages in each unit, including stove, refrigerator, dishwasher, washer, and dryer. With large units, newer construction, meaningful rental income, owner-user flexibility, and potential access to first-time buyer and low-down-payment programs, 520–522 W. Colden Avenue offers a compelling opportunity to enter Los Angeles multifamily ownership.
$8,244/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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