2023 Bellevue Avenue,  Los Angeles CA, 90026 (Residential Income)

4,169 sqft
Status: Active
MLS#: 16168590
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Last Updated: 12/8/2016 12:19 AM
Description for 2023 Bellevue Avenue Los Angeles, CA 90026
We are pleased to present an opportunity to acquire a six-unit apartment building in the Echo Park neighborhood. Built in 1902, the subject property offers a unit mix of 4 two-bedroom/one-bathrooms, and 2 one-bedroom/one-bathroom. Gas and electricity are separately metered, while water is mastered. The construction is made up of stucco and wood-frame, and accommodates 3 parking spots for on-site tenants. With rents being 29.8% below market in a location that is continuing to gentrify, a savvy investor can understand why they would not want to miss this opportunity.
Price
$1,495,000
Los Angeles
4,169 (approx)
16168590
Active
Description
We are pleased to present an opportunity to acquire a six-unit apartment building in the Echo Park neighborhood. Built in 1902, the subject property offers a unit mix of 4 two-bedroom/one-bathrooms, and 2 one-bedroom/one-bathroom. Gas and electricity are separately metered, while water is mastered. The construction is made up of stucco and wood-frame, and accommodates 3 parking spots for on-site tenants. With rents being 29.8% below market in a location that is continuing to gentrify, a savvy investor can understand why they would not want to miss this opportunity.
Listing Information
Property Type: Cluster, Other
0.12 Acres 561,900 sq.ft. 4,169 (approx)
$358.6 1902
Yes
6 Total
Neighborhood
Room Information
Exterior / Lot Features
Garage
LARD2
Driving Directions
The subject property is situated on 2023 Bellevue Avenue near Rosement Elementary School. The property is near the intersection of North Alvarado Street and Clinton Street. Being less than a mile from many schools, restaurants, and entertainment options,>
Financial Considerations
5404011008
,$31,985
Listing Price History

Los Angeles Real Estate

Los Angeles is located in California. Los Angeles, California 90026 has a population of 3,804,503.

The median household income in Los Angeles, California 90026 is $49,745. The median household income for the surrounding county is $56,241 compared to the national median of $53,046. The median age of people living in Los Angeles 90026 is 34.1 years.

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Courtesy: Rosano Partners Sagiv Rosano
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