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Listed by Wonnie Kim, DRE #01873341 • Won Suk Kim Real Estate, Inc.
$1,550,000
Est. payment /mo
5,946 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26201459
Year Built 1895
Lot Size 5,946 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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 vehicles-an 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 configuration
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Rooms
Kitchen Dishwasher, Microwave, Oven Range - Gas
Interior
Flooring Laminate
Laundry In Laundry Room, 30, 38
Exterior
Pool None
Building
Water District - Public
Others
Tax ID 5159018003
Special Listing Condition Not Applicable
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