$3,300,000
For Sale

2300 Bellevue Avenue

Los Angeles, CA 90026
8270 sqft | 4 beds | 0.11 acres | #24463279
Listing OfficeLyon Stahl Investment Real Estate, Inc.
Browse 43 photos
Type:Multi-Family
Structure:House
Zone:Commercial

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.

  • Interior Details
      • Bedrooms4
  • Property Details
      • Stories2
    • Measurements
      • Acres0.1149
      • Square Feet8270
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1916
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$3,300,000
  • Other
      • MLS #24463279

Location

Gary ElminoufiReal Estate Group
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Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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