Property Highlights for 2300 Bellevue Ave, Los Angeles, CA 90026 Prime Location: Nestled in the vibrant Silver Lake neighborhood, this property offers residents easy access to a variety of dining, entertainment, and cultural venues. Its proximity to major freeways ensures convenient connectivity to Downtown Los Angeles and surrounding areas. Charming 1920s Architecture: Built in 1916, this multi-family property exudes classic 1920s character with its architectural details, providing a unique and appealing aesthetic for tenants. Unit Composition: The building comprises 16 units, including studio and one-bedroom apartments, catering to a diverse tenant base. Recent Upgrades: Significant improvements include a brand-new electrical system, brand-new copper plumbing, and a brand-new gas system/pipes, enhancing safety and efficiency. Foundation Renovation: The foundation was renovated in 2020, ensuring structural integrity and longevity. Renovated Roof Deck: In 2014, the rooftop area was renovated, offering residents a communal space with panoramic views of Los Angeles, ideal for relaxation and social gatherings. Separate Metering: Each unit is separately metered for electricity, allowing for straightforward utility management and billing. Owner-Paid Utilities: The owner covers water, trash, and common area electricity expenses, simplifying utility responsibilities for tenants. Assumable Loan: An attractive financing option is available with an assumable 3.74% rate loan from Chase, until June 1, 2026. Strong Rental Demand: The property's desirable location and unique features attract a steady pool of upscale renters, contributing to consistent occupancy rates. Investment Potential: With its combination of historic charm, modern upgrades, and prime location, 2300 Bellevue Ave presents a compelling opportunity for investors seeking a stable and attractive addition to their portfolio. This property encapsulates the essence of Los Angeles living, blending historic charm with modern conveniences in one of the city's most sought-after neighborhoods.
|
DAYS ON MARKET
|
17
|
LAST UPDATED
|
11/15/2024
|
|
YEAR BUILT
|
1916
|
COMMUNITY
|
Silver Lake - Echo Park
|
|
COUNTY
|
Los Angeles
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
| AIR |
Wall/Window Unit(s) |
| AIR CONDITIONING |
Yes |
| AREA |
Silver Lake - Echo Park |
| GARAGE |
None |
| HEAT |
Wall Furnace |
| LOT |
5007 sq ft |
| LOT DIMENSIONS |
50x100 |
| PARKING |
None |
| STORIES |
2 |
| ZONING |
LAR3 |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Ben
Salem to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Lyon Stahl Investment Real Estate, Inc.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/25/24 9:52 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
This IDX solution is (c) Diverse Solutions 2024.
Save favorite listings, searches, and get the latest alerts
Save your favorite listings, searches, and receive the latest listing alerts
Twitter
Facebook
Email