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** PRICE REDUCED $525,000 ** 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, and within minutes to Eagle Rock favorites: Casa Bianca Pizza, Eagle Rock Italian Bakery, Little Beast, and The Oinkster, Capri Club & Walt's Bar. **Disclosure:** Buyers are advised to conduct thorough due diligence, including verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & Q Condition, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly. **DO NOT DISTURB TENANTS OR WALK ON PROPERTY-DRIVE BY ONLY **
| DAYS ON MARKET | 68 | LAST UPDATED | 12/2/2025 |
|---|---|---|---|
| YEAR BUILT | 1963 | COMMUNITY | 618 - Eagle Rock |
| COUNTY | Los Angeles | STATUS | Conditional |
| PROPERTY TYPE(S) | Residential Income |
| PRICE HISTORY | |
| Prior to Nov 12, '25 | $2,325,000 |
|---|---|
| Nov 12, '25 - Today | $1,800,000 |
| ADDITIONAL DETAILS | |
| AREA | 618 - Eagle Rock |
|---|---|
| GARAGE | Yes |
| HEAT | Wall Furnace |
| LOT | 0.3646 acre(s) |
| LOT DIMENSIONS | 15882 |
| PARKING | Covered, Driveway, Garage |
| STORIES | 2 |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 12/15/25 9:54 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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