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Additional details
$ 1,550,000
Est. payment /mo
Active
210 Belmont Avenue Los Angeles, CA 90026
9 Beds
5,946 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26201459
Bedrooms 9
Lot Size 5,946 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Excellent income-producing opportunity in Los Angeles! 210 Belmont Ave is a four-unit property offering a unique combination of long-term tenancy and flexible mid-term rental potential. The property is currently operated with two long-term rental units along with two spacious 2-bedroom, 2-bathroom units being utilized for mid-term rentals. Each bedroom in the 2-bedroom units features its own private exterior entrance, providing additional flexibility in how the spaces may be used and rented. The current rental configuration generates approximately $10k plus per month in scheduled gross rental income. A major highlight is the property's parking capacity, with five tandem parking areas accommodating approximately 11 vehiclesan attractive feature for a multifamily property in Los Angeles. Investors have the opportunity to continue the property's current rental strategy or explore alternative configurations and rental options. The two 2-bedroom units may also be utilized in their original configuration, providing additional flexibility for future ownership. Conveniently located near Downtown Los Angeles with access to major employment centers, dining, entertainment, and transportation. A compelling opportunity for investors seeking existing income, multiple rental configurations, and long-term potential in the Los Angeles multifamily market. Buyer to independently verify all property information, rental income, permits, unit configuration, rental use, and applicable local regulations.
Location
State CA
County Los Angeles
Zoning Assessor
Direction Beverly turn right onto Belmont ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5159018003
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
Listed by Wonnie Kim, DRE#01873341 Won Suk Kim Real Estate, Inc.
Co-listed byKyu Hyung Lee • Won Suk Kim Real Estate, Inc.
Co-listed byKyu Hyung Lee • Won Suk Kim Real Estate, Inc.
NEARBY SCHOOL & BUSINESS
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