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    1727 Bellevue Ave

    Los Angeles, CA 90026
    • $1,400,000
    • STATUS: Active Under Contract
    • ON SITE: 72 Days
    • MLS #: 21-768754
    Under Contract
    UPDATED: 202 min ago
    $1,400,000
    • 6
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,343
      SQFT
    • $419
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1917
    County:

    School Ratings & Info

    Description

    Welcome to 1727 Bellevue Avenue! A truly incredible investment opportunity to own a 6 unit apartment complex situated in Echo Park. Stunning views of DTLA. The property is comprised of five separate structures. Below market rents and potential renovations provide prospective buyers with plenty of value add opportunities to realize market rents and a high stabilized yield. Two of the units have been fully remodeled. Garage collects $400/month in rent. This is an AS-IS PROBATE SALE which MAY require court confirmation. **PLEASE NOTE 1717 BELLEVUE AVE. (DUPLEX) is also available for sale (MLS: 21-768730)**

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-15T23:43:06.8. 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.
    www.jelmbergteam.com/homes/120030539
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    1727 Bellevue Ave Los Angeles, CA 90026

    • Price: $1,400,000
    • Status: Active Under Contract
    • Updated: 202 min ago
    • MLS #: 21-768754
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,343
    SQFT
    $419
    $/SQFT
    1917
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Welcome to 1727 Bellevue Avenue! A truly incredible investment opportunity to own a 6 unit apartment complex situated in Echo Park. Stunning views of DTLA. The property is comprised of five separate structures. Below market rents and potential renovations provide prospective buyers with plenty of value add opportunities to realize market rents and a high stabilized yield. Two of the units have been fully remodeled. Garage collects $400/month in rent. This is an AS-IS PROBATE SALE which MAY require court confirmation. **PLEASE NOTE 1717 BELLEVUE AVE. (DUPLEX) is also available for sale (MLS: 21-768730)**
    Exterior Features

    Lot Size Area 5610 Other Structures None Parking Garage Garage - 2 CarDetached Total Parking 0

    Interior Features

    Baths Total 10.00 Cooling Other Equipment Other Flooring CarpetLaminate Heating Other

    Property Features

    Assessed Total Value 769661 Gross Income 77427 Gross Operating Income 77427 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Like Units5 1 Like Units6 1 Net Operating Income 60413.00 Number Of Buildings 5 Number Of Units 6 Sale Type Probate Listing Source Living Area Title Company Source Lot Size Area Vendor Enhanced Source Lot Size Dimensions Vendor Enhanced Total Annual Expense 17014 Type Of Units 6 Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Andrew Brody DRE#01776328 of Meridian Capital Real Estate.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-10-15T23:43:06.8. 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.
     
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