3522 Bellevue Ave #5, Los Angeles, CA 90026
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3522 Bellevue Ave #5 Los Angeles, CA 90026

$3,250,000
  • 15 Beds
  • 8 Baths
  • 6,840 Sq.Ft.
For Sale
$3,250,000 Get Pre-Qualified

Map preview of 3522 Bellevue Ave #5, Los Angeles, CA 90026

Property Overview: 3522 Bellevue Ave #5 Los Angeles, CA has 15 bedrooms, 8 bathrooms, 6,840 living square feet and 7,800 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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.

Listed by Jackson Wong | BRE #01049260 | Coldwell Banker Dynasty Arc.
Last checked: 9 minutes ago | Last updated: May 3rd, 2024 | Source CRMLS | DOM: 27
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Home details

Lot Sq. Ft
7,800
HOA Dues
$0/mo
Year built
1961
Garage
--
Property Type:
Apartment
Status
Active
MLS#
AR24068900
City
Los Angeles
County
Los Angeles
Time on Site
27 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 8
  • Total # of Buildings: 1
  • # of Electric Meters: 8
  • # of Gas Meters: 8
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 6
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,196
  • Total Rent: $1,196
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $234,000
  • Net Operating Income: $163,800
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $70,200
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Professional Management: $0
  • Water/Sewer: $0

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Property Details for 3522 Bellevue Ave #5

Interior Features
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Carport
Lot Information
  • Lot Features: Back Yard
  • Lot Size Source: Assessor
  • Common Interest: Community Apartment
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 8
  • Parcel Number: 5401009033
  • Year Built Source: Public Records
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: South of Silver Lake Blvd and North of Hoover
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
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Sale History for 3522 Bellevue Ave #5

Last sold on September 14th, 2016
  • April, 2024

  • Apr 8, 2024

    Date

    Active

    CRMLS: AR24068900

    $3,490,000

    Price

  • September, 2016

  • Sep 14, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 3522 Bellevue Ave #5

Assessed Value (2020): $209,524
Year Land Value Improved Value Assessed Value
2020 $40,765 $168,759 $209,524

Home Value Compared to the Market

This property vs the competition

3522 Bellevue Ave #5 is listed 163.16% higher than the median list price for the city of Los Angeles which has a median list price of $1,235,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $475.15 per/sqft which puts the price per square foot 38.61% lower than the median price per square foot for the city of Los Angeles.

About 3522 Bellevue Ave #5

Detailed summary of property

3522 Bellevue Ave #5 is a apartment located in Los Angeles, CA 90026 and is currently for sale. This apartment offers 15 bedrooms, 8 bathrooms, roughly 6,840 living square feet, and sits on an approximately 7,800 square foot lot. 3522 Bellevue Ave #5 was first listed on ArdentRealEstateGroup.com on April 8, 2024. The homeowner is currently asking $3,250,000 and was originally asking $3,490,000. The median priced home in Los Angeles is $1,235,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 163.16% higher than the median priced home. Local competing homes currently for sale include 639 N Alexandria Ave, 2330 W 3rd St and 933 N Mariposa Ave. While the average home in Los Angeles, CA is selling in 94 days, 3522 Bellevue Ave #5 has a days on market of 27 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 3522 Bellevue Ave #5 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 3522 Bellevue Ave #5

Public county record property details
Beds
15
Baths
8
Year built
1961
Sq. Ft.
6,840
Lot Size
7,799
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
30,32
APN
5401-009-033

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.
$766
Median Sold Price
$1,450,000
Median Sold Price/Sq.Ft.
$817
Total Inventory
63
Median Sale to List Price %
105.92%
Avg Days on Market
13
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (15.38%), Other (0%)

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Related Resources to 3522 Bellevue Ave #5

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.