NOT LISTED FOR SALE
6 Beds
10 Baths
3,343 Sq Ft
5,610 Sq Ft Lot

Last Sold December 30, 2021

Last sale price $1,300,000 $389 Per Sq Ft

35 Days on Market

About This Home

As of December 2021

Court Confirmation is set on November 24, 2021 at 8:30 A.M. at 111 N. Hill Street, Los Angeles, CA 90012, in Department 5. The minimum overbid shall be $1,082,000.00. All overbidders must bring a cashier's check for 10% of the total purchase price made payable to "Estate of Venacio Silvestre", entity documents, as well as proof of funds. Welcome to 1727 Bellevue Avenue! A truly incredible investment opportunity to own a 6 unit apartment complex situated in Echo Park. Stunning views of DTLA. The property is comprised of five separate structures. Below market rents and potential renovations provide prospective buyers with plenty of value add opportunities to realize market rents and a high stabilized yield. Two of the units have been fully remodeled. Garage is presently occupied by illegal occupants, who do not pay rent.

Last Agent to Sell the Property

Andrew Brody

Equity Union License #01776328 Listed on: 08/03/2021

Last Buyer's Agent

Shawn Raoufpour

Gold Realty License #01425538

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 5,610 Sq Ft Lot
  • Lot Dimensions are 40x140

Parking

  • Detached Garage

Interior Spaces

  • 3,343 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 10 Bathrooms

Community Details

  • 5 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5404-010-028

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3343
  • Lot Acreage: 0.1288
  • Lot Dimensions: 40x140
  • Probate: Yes
  • Stories: 2
  • Year Built: 1917
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Bedrooms: 6
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 323.66

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage - 2 Car, Detached

Lot Info

  • Assessed Improvement Percent: 41.94
  • Assessed Improvement Value: 322760
  • Assessed Land Percent: 58.06
  • Assessed Land Value: 446901
  • Total Assessed Value: 769661
  • Assessor Parcel Number: 5404-010-028
  • Lot Size Area: 5610

Rental Info

  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112
  • Gross Rent Multiplier: 16.15
  • Number Of Units: 6
  • Total Annual Expense: 17014
  • Type Of Units: 6
  • Vacancy Rate: None

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $1,300,000 +20.1% $389 / Sq Ft
10/19/2021 10/19/21 Price Changed $1,082,000 -22.7% $324 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $1,400,000 -- $419 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-768754

The MLS