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1727 Bellevue Avenue

Los Angeles CA 90026

6
8
2
3343 sq. ft.
5612 sq. ft.
Other
Currently for sale - view listing

Overview

Situated near the intersection of Sunset Boulevard and Alvarado Street, the property affords residents convenient access to Echo Park Lake, Silver Lake, and the trendy boutiques, bars, and eateries along this revitalized stretch of Sunset Boulevard. With individual units laid out in a bungalow-style fashion, the property appeals to both tenants and investors. A new owner can add value to the property through interior upgrades as apartments naturally turn over, in an effort to recapture the approximately 55% rent upside. An investor can also save from an otherwise costly maintenance expense because the building does not appear on the Los Angeles Department of Building & Safety's seismic retrofit list. Dodger Stadium, home of the back-to-back World Series champions, sits just 1.5 miles east of the property, while Downtown Los Angeles is less than two miles away as well. With LA Live and the neighboring Crypto.com Arena, Los Angeles Convention Center, and nearby Los Angeles Coliseum scheduled to host events in the 2028 Summer Olympics, the entire local area stands to benefit from upcoming infrastructure improvements and an influx of capital to the area.

Features

6 bedrooms
8 bathrooms
2 carspaces
3343 sq. ft. floor area
5612 sq. ft. lot size
Other

Property history for 1727 Bellevue Avenue

2021
Sold
$1,300,000
30 Dec 2021 by Andrew Brody, of Meridian Capital Real Estate

Happy sellers in Los Angeles

87%
87% of sellers in Los Angeles reported that their sale price either exceeded or met their price expectations.

Los Angeles stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Los Angeles over the last 12 months.

Local market activity for 6 bedroom other properties in Los Angeles

In the last 12 months, 6 six-bedroom other properties similar to 1727 Bellevue Avenue, have been sold.

This represents a 15% increase in six-bedroom other properties sales when compared to the previous 12 months.

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