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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,550,000

Est. payment - /mo

5,945 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26201459

HOA Y/N No

Year Built 1895

Lot Size 5,945 Sqft

Property Sub-Type Quadruplex

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 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

Area C21 - Silver Lake - Echo Park

Zoning LARD1.5

Interior

Heating Ductless

Cooling Ductless

Flooring Laminate

Fireplace No

Appliance Dishwasher, Gas Range, Microwave

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Exterior

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Sewer Connected

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5159018003

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

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Listed by Wonnie Kim Won Suk Kim Real Estate, Inc. wonniekim@yahoo.com, DRE #01873341

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210 Belmont AVE Los Angeles, CA 90026