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1817 Bellevue Ave
Los Angeles, CA 90026
Address
City
Type
APN
Building Area ±
Land Area ±
Zoning
1817 Bellevue Ave
Los Angeles, CA 90026
8 Units
5404-010-023
2,716 Sq. Ft.
5,611 Sq. Ft.
RD1.5
Investment:
8 Unit Spanish Style Bungalows located in one of LA's most eclectic and vibrant submarkets of Echo Park! Boasting a Strong In-Place Return of 5.02% and a 3.9% Cash-on-Cash Return (Assumable Chase Financing Available).
Unit Mix: (6)
Completely Detached Bungalows (Spacious Studios) & (2) 2 Bed & 1 Bath Town Home Style Units
Value Add:
45% Upside Potential - Allowing a New Owner to Capitalize on Robust Rental Rates
Supply Constrained:
Bungalow Style multi-family buildings are extremely rare. They are charming and have big demand, hence huge rental rates!
Location:
Echo Park! Minutes to the famous Echo Park Lake and Famous Sunset Boulevard and all the eateries, bars, cafe's and restaurants!
Walk-Score:
(96) - Walker's Paradise, where Daily Errands Don't Require a Car!
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