Price Reduced Listing
210 Belmont Avenue,Los Angeles, CA 90026
Los Angeles, CA 90026
Description
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.
Details
| MLS # | DW26201459 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 55 |
| Listing Provided By | Won Suk Kim Real Estate, Inc. | Wonnie Kim |
Features
| SQ Feet | 2,600 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Building(s) | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.14 |
Interior
| Cooling | Ductless |
|---|---|
| Heating | Ductless |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher, Gas Range, Microwave |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Parking
| Garage Yes / No | No |
|---|
Utilities
| Utilities | Sewer Connected |
|---|---|
| Electric | Standard |
| Sewer | Public Sewer |
Location
| Community Features | Street Lights, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,470,000 low | high Med: $1,000,000 sqft: 2,600 low | high Med: 3,772 $ / sqft: $565 low | high Med: $331 On site: 55 low | high Med: 147.5 | |
Market Activity 90026
Request a showing
Request a showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90026 |
| Area | C21 Silver Lake Echo Park |
| Listing VS Median (in 90026) | |
Price: $1,470,000 low | high Med: $1,000,000 sqft: 2,600 low | high Med: 3,772 $ / sqft: $565 low | high Med: $331 On site: 55 low | high Med: 147.5 | |
