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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,549,000

Est. payment - /mo

6,076 Sqft Lot

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Tue Jul 14, 11:00am - 2:00pm

Sat Jul 18, 11:00am - 4:00pm

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

MLS Listing ID DW26145090

HOA Y/N No

Year Built 2008

Lot Size 6,076 Sqft

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup, Electric Dryer Hookup, Inside, See Remarks

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description Back Yard, Front Yard, Paved

Story 2

Entry Level One,Two

Sewer Public Sewer

Water Public

Level or Stories One, Two

New Construction No

Others

Senior Community No

Tax ID 6054028010

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, VA Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, Fannie Mae, Freddie Mac, Government Loan, Submit, VA Loan

Special Listing Condition Standard

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Listed by Rudy Zuniga Loan Advisor Group 310-936-1099, DRE #01489677

NEARBY SCHOOL & BUSINESS

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520 W Colden Los Angeles, CA 90044