$2,325,000

1515 Colorado Boulevard, Los Angeles, CA 90041

  • 6,388 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon0.36acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $364/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

We are proud to present an exceptional investment opportunity in Prime Eagle Rock: A rare 7-unit apartment + 1 commercial unit on 2 separate parcels sprawled across 15,882 Square Feet of Land located in the highly sought-after neighborhood of Eagle Rock on famous Colorado Blvd. The property is being offered for sale by the original developer's family and is poised for multiple ADU additions on one lot, and residential development potential on the second lot, with both lots designated in Tier 4 TOC Buyer to Verify. The property consists of 3 separate structures across both lots: a (7) Unit Mid-Century Building built in 1963, boasting an incredible unit mix of 100% Two Bedroom & 1 Bathroom units and a commercial space built in 1924 with a total square footage of 6,388 SF and a 400 SF Covered Garage. 1513Colorado is zoned (Q) C4-2D, and 1515 Colorado is zoned both (Q) C4-2D & R1-1 both Lots are Tier 4 TOC. Q Condition: 100% residential development prohibited, Residential Density Limited to RD1.5 Zone, Subject to the provisions of the Colorado Blvd Corridor Specific Plan. Strategically located in the heart of Eagle Rock, this property boasts a Walk Score of 85 ("Very Walkable"), where most errands can be completed on foot. It's just steps away from Trader Joes, Cindy's, Found Coffee,

Listing Status:
Active
Date Added:
October 8, 2025 at 05:00AM
Listing Office:
Remax Commercial and Investment Realty : 213-817-1000
Listing Agent:
Eric Dilanian : 213-233-4379
MLS ID:
CL25603593
  • Laundry: Common Area
  • Heating: Wall Furnace
  • Parking: CoveredOtherUncovered Parking Space
  • County: Los Angeles
  • Zoning: LAC45669012044

This listing courtesy of Eric Dilanian, Remax Commercial and Investment Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Dahlia Heights Elementary

5063 Floristan Ave, Los Angeles, CA, 90041

Grades KG-6

0.05 miles away

E

Eagle Rock Jr. / Sr. High School

1750 Yosemite Dr, Los Angeles, CA, 90041

Grades 7-12

0.69 miles away

E

Eagle Rock Jr. / Sr. High School

1750 Yosemite Dr, Los Angeles, CA, 90041

Grades 7-12

0.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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