Los Angeles, CA 90026,2300 Bellevue AVE
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Los Angeles, CA 90026,2300 Bellevue AVE
Los Angeles, CA 90026,2300 Bellevue AVE
Los Angeles, CA 90026,2300 Bellevue AVE
Los Angeles, CA 90026,2300 Bellevue AVE
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$ 3,300,000
Est. payment /mo
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2300 Bellevue AVE Los Angeles, CA 90026

4 Beds

16 Baths

8,270 SqFt


UPDATED:

11/16/2024 01:18 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,270 sqft

Price per Sqft $399

MLS Listing ID 24463279

Bedrooms 4

HOA Y/N No

Year Built 1916

Lot Size 5,005 Sqft

Property Description

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.

Location

State CA

County Los Angeles

Area C21 - Silver Lake - Echo Park

Zoning LAR3

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features None

Building

Story 2

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5402024005

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Taylor Avakian • Lyon Stahl Investment Real Estate, Inc.

Engel & Völkers Palm Desert

Broker | License ID: d24350

+1(909) 327-2223

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2300 Bellevue AVE