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3522 Bellevue Avenue, Los Angeles, CA 90026

Property

3522 Bellevue Avenue, Los Angeles, CA 90026 Sold August 2024 CRMLS
$2,250,000Sold August 2024

Listing Agent: Jackson Wong (DRE #01049260) · Listing Office: Coldwell Banker Dynasty Arc. · Contact: 626-823-1032 · Bought with: Elijah Korobkin · Central Realty Advisors Inc · MLS #AR24068900 · Source: CRMLS

7,800 sqft
Lot Size
1961
Year Built
Property
Type
2
Stories
0
Garage

About this property

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.

Listing description from the August 2024 sale, as reported to CRMLS.

Sale history

$2,250,000
Sold August 2024 · listed $3,090,000, orig. $3,490,000, on market April 2024 · MLS #AR24068900 · Source: CRMLS
Listing Agent: Jackson Wong · Listing Office: Coldwell Banker Dynasty Arc. · Contact: 626-823-1032 · Bought with: Elijah Korobkin · Central Realty Advisors Inc
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