1717 Bellevue Ave, Los Angeles, CA 90026
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1717 Bellevue Ave Los Angeles, CA 90026

$750,000 Sold Price as of 01/21/2022
  • 2 Beds
  • 2 Baths
  • 1,166 Sq.Ft.
Sold
$750,000 Sold Price as of 01/21/2022 Refinance Your Mortgage

Map preview of 1717 Bellevue Ave, Los Angeles, CA 90026

Property Overview: 1717 Bellevue Ave Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,166 living square feet and 5,141 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Court Confirmation is set on November 24, 2021 at 8:30 A.M. at 111 N. Hill Street, Los Angeles, CA 90012, in Department 5. The minimum overbid shall be $788,000. All overbidders must bring a cashier's check for 10% of the total purchase price made payable to "Estate of Venacio Silvestre", entity documents, as well as proof of funds.Charming duplex in Echo Park area. Great opportunity for an investor or an owner-occupier. Separated units with independent structures with ample privacy. 1719 is a two bed/one bath on tax roll, but has a second bathroom (possibly illegal--buyers to conduct due diligence). 1717 is a vacant studio, which was recently remodeled. The property has a welcoming courtyard with a small grass yard, as well as mature fruit trees. Garage is being rented for $400/month (unit#3).

Listed by Andrew Brody | BRE #01776328 | Meridian Capital Real Estate
Last checked: 47 seconds ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 38

Home details

Lot Sq. Ft
5,141
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21768730
City
Los Angeles
County
Los Angeles
Time on Site
1142 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 0
  • Furnishing: Unfurnished
  • Total Rent: $400
  • Pro Forma/Market Rent: $500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $450
  • Pro Forma/Market Rent: $3,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 19.53
  • Gross Scheduled Income: --
  • Net Operating Income: $28,810
  • Gross Operating Income: $38,400
  • Other Income 1: $3,200
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1717 Bellevue Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Interior Features
  • Ceiling Fan(s)
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Detached Carport, Garage - Single Door
Property Information
  • Total # of Units: 2
  • Parcel Number: 5404010030
Location / Neighborhood
Location Information
  • Directions: North of the 101 freeway, South of Kent Street, West of Glendale Blvd., East of Alvarado
View more facts & features

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Sale History for 1717 Bellevue Ave

Last sold for $750,000 on January 21st, 2022
  • September, 2021

  • Sep 10, 2021

    Date

    Pending

    CRMLS: 21768730

    $750,000

    Price

  • Aug 4, 2021

    Date

    Active

    CRMLS: 21768730

    $750,000

    Price

Tax History for 1717 Bellevue Ave

Assessed Value (2020): $471,015
Year Land Value Improved Value Assessed Value
2020 $346,830 $124,185 $471,015

Home Value Compared to the Market

This property vs the competition

1717 Bellevue Ave sold on January 21, 2022 for 33.04% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $643.22 per/sqft which puts the price per square foot 11.16% lower than the current median sale per square foot for the city of Los Angeles.

About 1717 Bellevue Ave

Detailed summary of property

1717 Bellevue Ave is a multi family that recently sold in Los Angeles, CA 90026. This multi family property offered 2 bedrooms, 2 bathrooms, roughly 1,166 living square feet, and sits on an approximately 5,141 square foot lot. 1717 Bellevue Ave was first listed on ArdentRealEstateGroup.com on August 4, 2021. The homeowner sold the property for $750,000. Home in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 33.04% lower than the current median priced home. Local homes that are currently for sale include 622 E 24th St, 1026 E 23rd St and 243 E 29th St. While the average home in Los Angeles, CA is selling in 106 days, 1717 Bellevue Ave has a days on market of 38 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1717 Bellevue Ave Los Angeles, CA 90026 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1717 Bellevue Ave

Public county record property details
Beds
2
Baths
2
Year built
1912
Sq. Ft.
1,538
Lot Size
5,141
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
5-6,29
APN
5404-010-030

The source for these homes facts are from public records.

90026 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,225,000
Median List Price/Sq.Ft.
$787
Median Sold Price
$1,217,000
Median Sold Price/Sq.Ft.
$985
Total Inventory
77
Median Sale to List Price %
101.5%
Avg Days on Market
33
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (11.11%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.