Excellent income-producing opportunity in Los Angeles! 210 Belmont Ave is a four-unit property offering a unique combination of long-term tenancy and flexible mid-term rental potential.
The property is currently operated with two long-term rental units along with two spacious 2-bedroom, 2-bathroom units being utilized for mid-term rentals. Each bedroom in the 2-bedroom units features its own private exterior entrance, providing additional flexibility in how the spaces may be used and rented. The current rental configuration generates approximately $10k plus per month in scheduled gross rental income.
A major highlight is the property’s parking capacity, with five tandem parking areas accommodating approximately 11 vehicles—an attractive feature for a multifamily property in Los Angeles.
Investors have the opportunity to continue the property’s current rental strategy or explore alternative configurations and rental options. The two 2-bedroom units may also be utilized in their original configuration, providing additional flexibility for future ownership.
Conveniently located near Downtown Los Angeles with access to major employment centers, dining, entertainment, and transportation.
A compelling opportunity for investors seeking existing income, multiple rental configurations, and long-term potential in the Los Angeles multifamily market. Buyer to independently verify all property information, rental income, permits, unit configuration, rental use, and applicable local regulations.