Under Contract

3522 Bellevue AVE

LOS ANGELES CA, 90026

$3,090,000


$451.75 per sqft

Under Contract

5 Beds

3 Baths

6,840 sqft

Multi-family

Built in 1961

This property is located in an excellent location, walking distance to Target, transportation, restaurants and many more. Consists of eight units, seven units are 2 bedrooms and 1 bath, and the other unit is 1 bedroom and 1 bath. Individual gas meter and brand-new electrical circuit breaker for each unit. Building exterior was freshly painted last month. New 100-gallon water heater was installed in 2020. Easy commute to DTLA and surrounding areas, buyers and their representatives are responsible to do their own inspections and due diligence to verify and satisfy themselves with all city compliances, restrictions and guidelines of the property. Rents are currently below market, market rents are estimated to be $2,500 for 2 bedrooms and 1 bath, and $2,000 for 1 bedroom and 1 bath. The Gross schedule income, vacancy allowance and net operating income are based on estimation only, not actual numbers. Don't miss this great investment opportunity! Do not disturb tenants, drive by only! Offer subject to inspection. Owner is motivated, submit offers.

AR24068900MR

MLS ID

April 8, 2024

Listed

July 13, 2024

Updated

Map

3522 Bellevue AVE
LOS ANGELES CA, 90026

Interior Features

Total Stories

2


Bedrooms

5


Total Bathrooms

3


Laundry Description

Room


Fireplace

No


Fireplace Description

None


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.18 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Silver Lake - Echo Park


Days on Market

87


Garage

No


Parking

Carport


Parking Total

8


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD2

Listing History

Date

Event

Price

7/4/2024

Under Contract

5/31/2024

Price Change

$3,090,000

-2%

5/21/2024

Price Change

$3,150,000

-4%

5/1/2024

Price Change

$3,250,000

-7%

Listed by Jackson Wong with Coldwell Banker Dynasty Arc.
Listing Contact: 626-823-1032 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Alex Echeverria | CA DRE# 01936552 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2024 Combined L.A./Westside MLS. All rights reserved.

Data last updated 7/13/2024

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