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    627 Belmont Ave

    Los Angeles, CA 90026
    • $1,950,000
    • STATUS: Active
    • ON SITE: 46 days
    • ID#: 20-647510
    $1,950,000
    • 7
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,028
      SQFT
    • $484
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1963
    County:

    School Ratings & Info

    Description

    627 Belmont is a 6-unit mid-century modern apartment community located in Echo Park. 627 Belmont Avenue was built in 1963 and consists of six (6) apartments. The design of each unit reflects the distinct mid-century modern aesthetic. The asset offers a unit mix of five (5) 1 bedroom/1 bathroom apartments and one (1) 2 bedroom/1 bathroom apartment unit. The property boasts a total useable square footage of 4,026 and is situated on a 6,497 square foot lot. The property has onsite parking with seven parking spaces in total and offers a tandem parking for two cars for the 2 bedroom / 1 bathroom unit. 627 Belmont Avenue is NOT on the Los Angeles City mandatory soft-story retrofit list. 627 Belmont Ave is centrally located in Los Angeles in Echo Park. A short drive from Hollywood and Downtown. It is poised to capitalize on the tremendous momentum in this unique market.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-30T23:42:32.843. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/111062476
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    627 Belmont Ave Los Angeles, CA 90026

    • Price: $1,950,000
    • Status: Active
    • ID#: 20-647510
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    4,028
    SQFT
    $484
    $/SQFT
    1963
    Built
    Neighborhood:
    Silver Lake - Echo Park
    County:
    Los Angeles
    Area:
    Silver Lake - Echo Park
    Property Description
    627 Belmont is a 6-unit mid-century modern apartment community located in Echo Park. 627 Belmont Avenue was built in 1963 and consists of six (6) apartments. The design of each unit reflects the distinct mid-century modern aesthetic. The asset offers a unit mix of five (5) 1 bedroom/1 bathroom apartments and one (1) 2 bedroom/1 bathroom apartment unit. The property boasts a total useable square footage of 4,026 and is situated on a 6,497 square foot lot. The property has onsite parking with seven parking spaces in total and offers a tandem parking for two cars for the 2 bedroom / 1 bathroom unit. 627 Belmont Avenue is NOT on the Los Angeles City mandatory soft-story retrofit list. 627 Belmont Ave is centrally located in Los Angeles in Echo Park. A short drive from Hollywood and Downtown. It is poised to capitalize on the tremendous momentum in this unique market.
    Exterior Features

    Lot Size Area 6488 Other Structures None Parking Garage Assigned Total Parking 7

    Interior Features

    Baths Total 6.00 Cooling Wall Unit(S)Wall/WindowOther Equipment Other Heating WallOther Laundry Equipment Own

    Property Features

    Assessed Total Value 865805 Gross Income 133680 Gross Operating Income 131006 Like Units1 5 Like Units2 1 Net Operating Income 86186.00 Number Of Buildings 1 Number Of Units 1 Rent Control YN Yes Sale Type Standard Source Living Area Assessor Source Lot Size Area Assessor Total Annual Expense 44820 Type Of Units Apartments Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Nick Astrupgaard DRE#01893466 of Kw Commercial Studio City.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-11-30T23:42:32.843. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211