2300 Bellevue Avenue

    Los Angeles (City), CA 90026
    • $3,800,000
    • STATUS: Active
    • ON SITE: 55 days
    • ID#: 18387108
    UPDATED: 53 min ago
    $3,800,000
    • 0
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,270
      SQFT
    • $459
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    ACME is proud to present 2300 Bellevue Avenue, a fully renovated 16 unit apartment community in one of L.A.'s most promising rental markets, Silver Lake. Densely populated with some of L.A's hottest restaurants, bars, and shopping, Silver Lake was named by Money as the "Nation's Hippest Neighborhood" and "LA's Hottest Zip Code" by the LA Times. A true pride of ownership, each renovated unit features high ceilings, spacious eat-in kitchens, and hardwood floors. This 1916, two-story building with updated systems is something to be admired with building wifi, new roof as of 2014, security systems, indoor bike rack rooftop deck, and rental waitlist. The dedicated care taken by current owner has attracted quality tenants and supported excellent market rents with timely increases, making Bellevue a steadily appreciating asset.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T16:36:18.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/87677668

    2300 Bellevue Avenue Los Angeles (City), CA 90026

    • Price: $3,800,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 18387108
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    8,270
    SQFT
    $459
    $/SQFT
    1916
    Built
    Neighborhood:
    671 - Silver Lake
    County:
    Los Angeles
    Area:
    671 - Silver Lake
    Property Description
    ACME is proud to present 2300 Bellevue Avenue, a fully renovated 16 unit apartment community in one of L.A.'s most promising rental markets, Silver Lake. Densely populated with some of L.A's hottest restaurants, bars, and shopping, Silver Lake was named by Money as the "Nation's Hippest Neighborhood" and "LA's Hottest Zip Code" by the LA Times. A true pride of ownership, each renovated unit features high ceilings, spacious eat-in kitchens, and hardwood floors. This 1916, two-story building with updated systems is something to be admired with building wifi, new roof as of 2014, security systems, indoor bike rack rooftop deck, and rental waitlist. The dedicated care taken by current owner has attracted quality tenants and supported excellent market rents with timely increases, making Bellevue a steadily appreciating asset.
    Exterior Features

    Lot Size Units Square Feet Parking Features Street Parking YN Yes

    Interior Features

    Flooring Wood Laundry Features Community Levels Three Or More

    Property Features

    Association Amenities Other Association YN Yes Cap Rate 4.70 Electric Expense 3981.00 Fuel Expense 250.00 Gross Multiplier 16.00 Gross Operating Income 225072.00 Improvements Amount 706493 Insurance Expense 3845.00 Land Value 983795 Laundry YN Yes Licenses Expense 241.00 Maintenance Expense 359.00 Net Operating Income 181515.00 Number Of Separate Electric Meters 16 Number Of Separate Gas Meters 16 Property Condition Additions/Alterations Security Features Resident ManagerSecurity LightsGated CommunityClosed Circuit Tv Special Listing Conditions Standard Total Expenses 43557.00 Trash Expense 1298.00 Utilities Cable Available Water Sewer Expense 3981.00 Zoning Lar3

    Listing provided courtesy of Cassandra Corum of Acme Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-11-14T16:36:18.277. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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