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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:
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).

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Unit Mix: (6)
Unit Mix: (6)

Completely Detached Bungalows (Spacious Studios) & (2) 2 Bed & 1 Bath Town Home Style Units

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Value Add:
Value Add:

45% Upside Potential - Allowing a New Owner to Capitalize on Robust Rental Rates

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Supply Constrained:
Supply Constrained:

Bungalow Style multi-family buildings are extremely rare. They are charming and have big demand, hence huge rental rates!

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Location:
Location:

Echo Park! Minutes to the famous Echo Park Lake and Famous Sunset Boulevard and all the eateries, bars, cafe's and restaurants!

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Walk-Score:
Walk-Score:

(96) - Walker's Paradise, where Daily Errands Don't Require a Car!

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CONTACT TO REQUEST OM

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ERIC DILANIAN

Vice President of Investments

(213) 233-4379

EricDilanian@remaxcir.com

DRE # 01951699