500 Belmont AVE Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID P1-20877
Year Built 1928
Lot Size 5,214 Sqft
Property Sub-Type Triplex
Property Description
Tremendous opportunity to own a charming, very well-maintained, 1920's TRIPLEX with 2 VACANT UNITS! Nestled on a hill at the end of a cul de sac with views of DTLA and Echo Park Lake, the large FRONT 2 BR, 1.5 BA bungalow boasts hardwood floors, original period details, 2 bonus rooms, exterior laundry closet, and a separate workshop currently decorated as a tiki lounge. Behind the shared yard, are 2 REAR detached studios with hardwood floors, views, and mini splits. All units are separately metered. Upgrades include tankless water heater, 2 new roofs, updated wiring, and 2 new foundations. Ideal for an owner user occupant. Solid 1031 investment or live in one and rent the others.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Rooms
Other Rooms Workshop
Interior
Heating Central,Ductless
Cooling Central Air,Ductless
Flooring Wood
Fireplaces Type Decorative
Inclusions fridge in front house and R studio.
Laundry See Remarks,Stacked
Exterior
Parking Features None
Fence Chain Link
Pool None
Community Features Urban
View Y/N Yes
View City Lights,Lake
Building
Lot Description Corner Lot,Cul-De-Sac,Front Yard
Story 1
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash to New Loan,1031 Exchange
Listing Terms Cash to New Loan,1031 Exchange
Special Listing Condition Standard