18
See all 18 photos
$1,300,000
Est. payment /mo
6 Beds
8 Baths
3,343 SqFt
New
1727 Bellevue AVE Los Angeles, CA 90026
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 3,343 sqft
Price per Sqft $388
MLS Listing ID 26871749
Bedrooms 6
HOA Y/N No
Year Built 1917
Lot Size 5,610 Sqft
Property Description
Situated near the intersection of Sunset Boulevard and Alvarado Street, the property affords residents convenient access to Echo Park Lake, Silver Lake, and the trendy boutiques, bars, and eateries along this revitalized stretch of Sunset Boulevard. With individual units laid out in a bungalow-style fashion, the property appeals to both tenants and investors. A new owner can add value to the property through interior upgrades as apartments naturally turn over, in an effort to recapture the approximately 55% rent upside. An investor can also save from an otherwise costly maintenance expense because the building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list. Dodger Stadium, home of the back-to-back World Series champions, sits just 1.5 miles east of the property, while Downtown Los Angeles is less than two miles away as well. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD1.5
Interior
Fireplace No
Exterior
Parking Features Assigned
Total Parking Spaces 2
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5404010028
Special Listing Condition Standard
Listed by Roderick 'Rick' Raymundo Marcus & Millichap #01357019
NEARBY SCHOOL & BUSINESS
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