Bought with Elijah Korobkin • Central Realty Advisors Inc
$2,250,000
$3,090,000
27.2%For more information regarding the value of a property, please contact us for a free consultation.
3522 Bellevue Avenue Los Angeles, CA 90026
6,840 SqFt
Key Details
Sold Price $2,250,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 6,840 sqft
Price per Sqft $328
MLS Listing ID CRAR24068900
Sold Date 08/16/24
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1961
Lot Size 7,800 Sqft
Property Description
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.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Laundry Room
Exterior
Parking Type Other
Building
Lot Description Back Yard
Water Public
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.