500 Belmont AVE Sold Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90026
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID P1-20877
Year Built 1928
Lot Size 5,214 Sqft
Property Sub-Type Triplex
Property Description
Tremendous opportunity to own a charming, very well-maintained, 1920's TRIPLEX with 2 VACANT UNITS! Nestled on a hill at the end of a cul de sac with views of DTLA and Echo Park Lake, the large FRONT 2 BR, 1.5 BA bungalow boasts hardwood floors, original period details, 2 bonus rooms, exterior laundry closet, and a separate workshop currently decorated as a tiki lounge. Behind the shared yard, are 2 REAR detached studios with hardwood floors, views, and mini splits. All units are separately metered. Upgrades include tankless water heater, 2 new roofs, updated wiring, and 2 new foundations. Ideal for an owner user occupant. Solid 1031 investment or live in one and rent the others.
Location
State CA
County Los Angeles
Area C21 - Silver Lake - Echo Park
Zoning LARD2
Rooms
Other Rooms Workshop
Interior
Heating Central,Ductless
Cooling Central Air,Ductless
Flooring Wood
Fireplaces Type Decorative
Laundry See Remarks,Stacked
Exterior
Parking Features None
Fence Chain Link
Pool None
Community Features Urban
View Y/N Yes
View City Lights,Lake
Building
Lot Description Corner Lot,Cul-De-Sac,Front Yard
Story 1
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash to New Loan,1031 Exchange
Listing Terms Cash to New Loan,1031 Exchange
Special Listing Condition Standard