$4,850,000
NEW CONSTRUCTION

3415 Bellevue Ave Los Angeles, CA 90026

Estimated payment $28,026/month

Total Views 972
18 Beds
22 Baths
10,814 Sq Ft
$448 Price per Sq Ft

Highlights

  • New Construction
  • Solar Power System
  • High Ceiling
  • John Marshall Senior High Rated A
  • City Lights View
  • Quartz Countertops

About This Home

NEW CONSTRUCTION SIX UNIT LUXURY TOWNHOME COMPLEX
LOCATED BETWEEN SILVERLAKE AND VIRGIL VILLAGE
We are pleased to present this Green Certified new construction six-unit luxury townhome complex. Certificate of occupancy is anticipated any day and ready for new ownership. With a strong projected 6% cap rate in one of LA’s hottest neighborhoods. This non-rent-controlled, turnkey investment features premium finishes, in-unit laundry, and separate utility meters. Located between Virgil Village and very popular Silverlake, with trendy dining destinations, coffee shops, bars and boutique shopping, it’s an ideal low-maintenance, high-return opportunity.
Silver Lake is one of the hottest rental markets in the country, which is adjacent to Echo Park and Hollywood, has enjoyed much demand. Incredible rent comps are being achieved in this neighborhood, driven largely by the surrounding tech hubs, hip community and supporting services providing high-paying and stable jobs.
This luxury complex is comprised of three structures, totaling six new construction townhomes, each with private laundry rooms and garage parking spaces. Each unit is equipped with separate meters for water, gas and solar power electricity, as well as an owner’s common area electric meter for exterior lighting and common area water meter for servicing and landscape irrigation. The property features drought tolerant landscaping, as well as energy efficient building materials, Solar, appliances and fixtures presenting the buyer with a fully warrantied, low maintenance, environmentally friendly property.
Please contact us regarding this opportunity or one of the seller’s many other similar developments throughout Los Angeles.

Listing Agent

Martin Fish

Citivest Realty Services, Inc Brokerage Phone: 310-905-4834 License #01988997 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,649

Year Built

  • Built in 2025 | New Construction

Lot Details

  • 7,510 Sq Ft Lot
  • Two or More Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Sprinklers on Timer
  • Density is 6-10 Units/Acre

Parking

  • 8 Car Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Up Slope from Street

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Property Attached
  • Turnkey

Interior Spaces

  • 10,814 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Recessed Lighting
  • ENERGY STAR Qualified Windows
  • Living Room Balcony
  • Laminate Flooring

Kitchen

  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 22 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Sustainability products and practices used to construct the property include conserving methods, renewable materials
  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • ENERGY STAR Qualified Equipment for Heating
  • Solar Power System
  • Solar owned by seller

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 117
  • Tax Tract Number 141
  • Assessor Parcel Number 5401008014
  • $657 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 6 Separate Gas Meters
  • 6 Separate Water Meters
  • Operating Expense $84,960
  • Gross Income $387,600
  • Net Operating Income $291,011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,649

Year Built

Built in 2025 | New Construction

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 6.00
  • Other Phone Number: 310-905-4834
  • Price Per Unit: 808333
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: LAR3
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 5401008014
  • Year Built: 2025
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Interior Amenities: High Ceilings, Living Room Balcony, Pantry, Quartz Counters, Recessed Lighting
  • Stories: 3
  • Entry Location: Street level
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Three Or More
  • Price Per Square Foot: 448.49
  • Window Features: ENERGY STAR Qualified Windows

Exterior Features

  • Exterior Features: Lighting
  • View: City Lights, Mountain(s), Neighborhood
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater, Gas Range, Range Hood, Refrigerator, Vented Exhaust Fan
  • Electric: Electricity - On Property, Photovoltaics Seller Owned, Standard
  • Heating Type: Central, ENERGY STAR Qualified Equipment
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Green Features

  • Green Sustainability: Conserving Methods, Renewable Materials
  • Efficiency: Appliances, Construction, HVAC, Lighting, Windows
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Landscaped, Sprinkler System, Sprinklers Timer, Up Slope from Street
  • Lot Size Sq Ft: 7510.00
  • Lot Size Acres: 0.1724

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 942 Square Feet
  • Average3 Bed Area: 1300 Square Feet
  • Gross Multiplier: 12.50
  • Gross Operating Income: 387600.00
  • Gross Scheduled Income: 387600.00
  • Lot Size Area: 7510.0000 Square Feet
  • Maintenance Percent: 4.00
  • Net Operating Income: 291011.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 6
  • Number Of Units Total: 6
  • Number With Dishwasher: 6
  • Number With Disposal: 6
  • Number With Range: 6
  • Number With Refrigerator: 6
  • Operating Expense: 84960.00
  • Rent Control: No
  • Total Actual Rent: 32300.00
  • Total Expenses: 84960.00

Tax Info

  • Tax Census Tract: 1959.03
  • Tax Lot: 117
  • Tax Tract Number: 141...
  • TaxOtherAnnualAssessmentAmount: 657.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,649 $1,464,465 $1,025,126 $439,339
2024 $17,649 $1,435,751 $1,005,026 $430,725
2023 $17,539 $1,407,600 $985,320 $422,280
2022 $16,733 $1,380,000 $966,000 $414,000
2021 $13,167 $1,066,945 $735,824 $331,121
2020 $13,297 $1,056,006 $728,280 $327,726
2019 $12,781 $1,035,300 $714,000 $321,300
2018 $12,616 $1,015,000 $700,000 $315,000
2016 $6,893 $542,300 $351,161 $191,139
2015 $6,797 $534,155 $345,887 $188,268
2014 $6,843 $523,693 $339,112 $184,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2025 06/23/25 For Sale $4,850,000 +251.4% $448 / Sq Ft
07/08/2021 07/08/21 Sold $1,380,000 -4.8% $486 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $1,450,000 -- $511 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $1,380,000 Ticor Title Company Of Ca
Trustee Deed $1,269,000 First American Title Co Ncs
Grant Deed $1,015,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- --
Grant Deed $140,000 Benefit Land Title Company
Trustee Deed $133,648 Investors Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,550,000 Construction
Closed $1,104,000 Commercial
Previous Owner $1,300,000 Commercial
Previous Owner $1,040,000 Construction
Previous Owner $2,000,000 Commercial
Previous Owner $936,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $936,000 Purchase Money Mortgage
Previous Owner $112,000 Seller Take Back
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25129179

California Regional Multiple Listing Service (CRMLS)

APN: 5401-008-014