2300 Bellevue Avenue
Los Angeles, CA, 90026
$3,300,000
Beds
0 Baths
SqFt
0.11 Acres
Add
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.

Property Details

Price:
$3,300,000
MLS #:
24463279
Status:
Active
Baths:
0
Address:
2300 Bellevue Avenue
Type:
Residential Income
Neighborhood:
c21silverlakeechopark
City:
Los Angeles
Listed Date:
Nov 8, 2024
State:
CA
ZIP:
90026
Lot Size:
5,007 sqft / 0.11 acres (approx)
Year Built:
1916
Ask a Question

See this Listing

Send
  

Mortgage Calculator

 

Schools

Interior

Cooling
Wall/ Window Unit(s)
Heating
Wall Furnace

Exterior

Parking Features
None
Parking Spots
0.00
Stories Total
2

Financial

Map

Community

Similar Listings Nearby

2300 Bellevue Avenue
Los Angeles, CA