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Bel Air Multifamily Home for Sale

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    $2,575,000

    • 8 Beds
    • 8 Baths
    • 4,992 Sq Ft

    11747 Bellagio Rd, Los Angeles, CA 90049

    JUST REDUCED! ALMOST A 5 CAP IN BEL AIR!!! We are pleased to offer for sale a timeless mid-century gem located in the prestigious Westside enclave of Bel Air. 11747 Bellagio Road presents the unique opportunity to acquire a quintessential value-add property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large

    Jonathan Taksa Remax Commercial and Investment Realty

    11747 Bellagio Rd, Los Angeles, CA 90049

Why Live in Bel Air

Bel Air, in Los Angeles, is an iconic neighborhood situated between the Santa Monica Mountains, Mulholland Drive, and Sunset Boulevard. Known for its luxurious homes and celebrity residents, Bel Air offers a gated lifestyle with privacy and security. The area features some of the most expensive estates, such as the French manor Chateau des Fleurs and the modern mansion The One. Home styles range from classical Greek Revivals to contemporary designs, with lot sizes from half an acre to over 5 acres. While the area is prone to wildfire and earthquake risks, its exclusivity and scenic surroundings remain appealing. Residents enjoy access to entertainment along the Pacific Coast, hiking trails in the Santa Monica Mountains, and the Bel-Air Country Club, featuring a top-rated golf course. Cultural attractions like the Hammer Museum and The Getty Center are nearby. Dining options include Vibrato Grill Jazz and local favorites like Crave Café. Shopping enthusiasts can visit Rodeo Drive, about 4 miles away. Families have access to highly rated schools, including Roscomare Elementary School, Warner Avenue School, and University High School Charter. The University of California, Los Angeles, borders the neighborhood, offering additional educational opportunities. Essential amenities are available in nearby Westwood Village, home to grocery stores like Ralphs and Whole Foods Market. Despite Los Angeles' traffic, Bel Air's proximity to Beverly Hills, Venice Beach, and Los Angeles International Airport makes it a convenient base for commuting by car. The neighborhood hosts community events through the Bel Air Hills Association, fostering local engagement.

Home Trends in Bel Air, CA

Housing Trends

Median Sale Price
$470,000
Median Single Family Sale Price
$449,000
Median 2 Bedroom Sale Price
$692,450
Median 1 Bedroom Sale Price
$150,000
Average Price Per Sq Ft
$444
Number of Homes for Sale
15
Last 12 months Home Sales
213
Months of Supply
0.80
Median List Price
$470,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-25%
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