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    1285 Bellevue Ave

    Los Angeles, CA 90026
    • $998,000
    • STATUS: Active
    • ON SITE: 28 days
    • ID#: 20-626174
    Price Reduced
    UPDATED: 67 min ago
    $998,000
    • 6
      BEDS
    • 0.11
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,880
      SQFT
    • $347
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1906
    County:

    School Ratings & Info

    Description

    Unique opportunity to own a piece of history in Los Angeles's very first suburb, Angelino Heights. Nestled between Echo Park and Chinatown, this gracious two story 1906 Craftsman gem with Downtown skyline views is ready for renewal. Two spacious 3 bedroom, 3.25 bath attached units have all their original details intact. One unit is occupied and tastefully remodeled. The second unit will be delivered vacant, and is a clean slate for your home design inspirations. Ample porch and deck are timeless add ons. A rare opportunity for an owner/restorer or investor to leverage immediate equity, and save a bundle on property taxes under the historic Mills Act. All the while residing in an eclectic and vibrant Eastside neighborhood with close proximity to Sunset Blvd, within minutes of Downtown LA and Silver Lake. You're in the middle of it all.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T06:43:19.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109556084
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    1285 Bellevue Ave Los Angeles, CA 90026

    • Price: $998,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: 20-626174
    6
    Beds
    0
    Baths
    0
    ½ Baths
    0.11
    Acres
    2,880
    SQFT
    $347
    $/SQFT
    1906
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    Unique opportunity to own a piece of history in Los Angeles's very first suburb, Angelino Heights. Nestled between Echo Park and Chinatown, this gracious two story 1906 Craftsman gem with Downtown skyline views is ready for renewal. Two spacious 3 bedroom, 3.25 bath attached units have all their original details intact. One unit is occupied and tastefully remodeled. The second unit will be delivered vacant, and is a clean slate for your home design inspirations. Ample porch and deck are timeless add ons. A rare opportunity for an owner/restorer or investor to leverage immediate equity, and save a bundle on property taxes under the historic Mills Act. All the while residing in an eclectic and vibrant Eastside neighborhood with close proximity to Sunset Blvd, within minutes of Downtown LA and Silver Lake. You're in the middle of it all.
    Exterior Features

    Direction Faces East Entry Location Ground Level W/Steps Levels Two Lot Description Fenced Lot Size Area 4625 Other Structures None Parking Garage None Patio Features Covered PorchDeck(S) Pool Description None Pool YN No Spa None Spa YN No Style Craftsman Tennis Court None Tennis YN No Total Parking 0 View Description City Lights View YN Yes Water Frontage None

    Interior Features

    Bathroom Features Shower And Tub Baths Total 3.25 Bedroom Features All Bedrooms UpMaster Bedroom Common Walls Attached Cooling None Equipment Dryer Fireplace Rooms None Heating Wall Interior Features Common Walls Laundry Inside

    Property Features

    ADACompliance No Assessed Total Value 169560 Gross Income 66000 Gross Operating Income 66000 Like Units1 1 Like Units2 1 Net Operating Income 50520.00 Number Of Buildings 1 Number Of Units 2 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 15480 Type Of Units 3 Bedrooms Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Casey Sullivan DRE# of Keller Williams Downtown La.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-29T06:43:19.47. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
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    Valencia CA, 91355