Active
2300 Bellevue Avenue
Los Angeles CA, 90026
$3,300,000
$399.03 per sqft
Active
4 Beds
16 Baths
8,270 sqft
Residential
Built in 1916
Listed by Taylor Avakian with Lyon Stahl Investment Real Estate, Inc. 916-996-4421
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.
24463279
MLSⓇ ID
November 8, 2024
Listed
December 5, 2024
Updated
Map
2300 Bellevue Avenue
Los Angeles CA, 90026
Interior Features
Total Stories
2
Bedrooms
4
Total Bathrooms
16
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.11 Acres
Other Property Details
Area Name
C21 - Silver Lake - Echo Park
Days on Market
26
Garage
No
Parking
None
Parking Total
0
View
No
County
Los Angeles
Pool
No
Zoning
LAR3
Listing Contact: 310-425-9838
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/5/2024 at 1:18 PM UTC