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2703 BELLEVUE AVE Los Angeles, CA 90026
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Key Details
Sold Price $1,600,001
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 14746651
Sold Date 05/09/14
HOA Y/N No
Year Built 1986
Lot Size 9,626 Sqft
Property Description
A tremendous opportunity to buy an income property in red-hot Silver Lake. This well-maintained complex includes a duplex built in the 1920' s and six non-rent control units of 1986 construction eight units in total. The "town home" style duplex has 2 bedrooms + 1 bathroom each with generous living space of approximately 1200 square feet per unit. Of the six other units, four are 2-bedroom, 1 bathroom units and two are 1-bedroom, 1 bathroom units. Current rents offer a 35 +% upside potential on total rental income. All units are separately metered for gas and electric, and there are 8 parking spaces. This easy-to-maintain building has been under the caring ownership of one family for 30 years. Monthly expenses are exceptionally low, it' s truly an investors dream.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Interior
Cooling See Remarks
Fireplace No
Laundry None, See Remarks
Exterior
Parking Features Off Site
Amenities Available Other
Total Parking Spaces 8
Building
Story 2
Others
Tax ID 5402007027
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash,Cash to New Loan
Special Listing Condition Standard
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Bought with Moses Kagan • Adaptive Realty, Inc.