Los Angeles, CA 90026,2703 BELLEVUE AVE
$1,600,001
$1,500,000
6.7%
Est.Price: ?

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9,626 Sqft Lot

2703 BELLEVUE AVE Los Angeles, CA 90026

Est. payment /mo
SOLD DATE : 05/09/2014

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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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California Regional MLS (CRMLS)
Listed by Lane Aronson • Berkshire Hathaway HomeService
Bought with Moses Kagan • Adaptive Realty, Inc.

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agent

Derek Johnson

Agent | License ID: 02051308

+1(310) 424-8883

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