3522 Bellevue Avenue

Los Angeles, CA 90026

$3,250,000
Price
5
Beds
8
Baths
6,840 Sq. Ft.
$475 / Sq. Ft.
6,840
Sq. Ft.
$475
per Sq. Ft.

Description

This property is located in an excellent location, walking distance to Target, transportation, restaurants and many more. Consists of eight units, seven units are 2 bedrooms and 1 bath, and the other unit is 1 bedroom and 1 bath. Individual gas meter and brand-new electrical circuit breaker for each unit. Building exterior was freshly painted last month. New 100-gallon water heater was installed in 2020. Easy commute to DTLA and surrounding areas, buyers and their representatives are responsible...This property is located in an excellent location, walking distance to Target, transportation, restaurants and many more. Consists of eight units, seven units are 2 bedrooms and 1 bath, and the other unit is 1 bedroom and 1 bath. Individual gas meter and brand-new electrical circuit breaker for each unit. Building exterior was freshly painted last month. New 100-gallon water heater was installed in 2020. Easy commute to DTLA and surrounding areas, buyers and their representatives are responsible to do their own inspections and due diligence to verify and satisfy themselves with all city compliances, restrictions and guidelines of the property. Rents are currently below market, market rents are estimated to be $2,500 for 2 bedrooms and 1 bath, and $2,000 for 1 bedroom and 1 bath. The Gross schedule income, vacancy allowance and net operating income are based on estimation only, not actual numbers. Don't miss this great investment opportunity! Do not disturb tenants, drive by only! Offer subject to inspection.
  1. Listed by Jackson Wong • DRE #01049260 • Brokerage DRE #01280398 • Coldwell Banker Dynasty Arc. • 626-823-1032

Property Details for 3522 Bellevue Avenue

Parking Spaces Total
8
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6840
Assessor Parcel Number
5401-009-033
Property Attached YN
true

Location

Listing Courtesy of Coldwell Banker Dynasty Arc., Jackson Wong, DRE #01049260
Add your commute
LISTING UPDATED: 05/01/2024 04:01 AM

Property Details for 3522 Bellevue Avenue

StatusActive
MLS #AR24068900
Days on Market24
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1961
CountyLos Angeles County

Location

Listing Courtesy of Coldwell Banker Dynasty Arc., Jackson Wong, DRE #01049260
Add your commute

Building Information for 3522 Bellevue Avenue

Building/Complex3522 Bellevue AveFloor-Stories2Residences-Pet Policy-Year Built1961Building Size-

Payment Calculator

$17,737 per month

30 year fixed, 7.25% Interest

Principal and Interest

$17,737

Property Taxes

—

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3522 Bellevue Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $234,000
  • Gross Scheduled Income: $234,000
  • Net Operating Income: $163,800
Expense Details
  • Operating Expense: $70,200
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $70,200
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 0
  • Tax Census Tract: 1959.03
  • CFD/Mello-Roos Fee: $1,351
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 8
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,000
  • Unit Type Total Rent: $1,000
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,196
  • Unit Type Total Rent: $1,196
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Separate Water Meters: 1

Property History for 3522 Bellevue Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 3522 Bellevue Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Dayton Heights Elementary School
PublicK to 5

Thomas Starr King Middle School
Public6 to 8

John Marshall Senior High School
Public9 to 12

Camino Nuevo High No. 2
Charter9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3522 Bellevue Avenue is a multi-family home for sale in Los Angeles, CA 90026. This property was listed for sale on April 8, 2024 by Coldwell Banker Dynasty Arc., it's currently listed at $3,250,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Dayton Heights Elementary School, Thomas Starr King Middle School and John Marshall Senior High School. 3522 Bellevue Avenue is a 5-bed, 8-bath, 6,840 sqft multi-family home built in 1961.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Dynasty Arc., Jackson Wong, DRE #01049260

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.