210 Belmont Ave., Los Angeles, CA 90026 - PW19200953 - iPro Real Estate

210 Belmont Ave.
Los Angeles, CA 90026

Sold, Multi-Family/Income Sale

For Sale

$850,000 $134.38 per sqft

Free Professional CMA

Listing ID : PW19200953

  • Lot Size

    5,946 Sqft
  • Year

    1895

Description

First time on the market in 50 years! Yes not since 1969 has this true Victorian been offered for sale ~ Giving you an INCREDIBLE DEVELOPMENT OPPORTUNITY to lovingly renovate this fully permitted Victorian Fourplex back to its majestic glory or tear it down and construct your own vision of the future in the heart of Los Angeles. This lot offers the most amazing direct views of the Downtown Los Angeles Skyline. Nestled Between Downtown Los Angeles & Hollywood, this community of North Westlake shares the trendy vibe of adjacent Echo Park & Silverlake with its ever expanding art & fashion culture. Current Title & City records vary but the historical permits are available - and while the City show this lot measures 5,945 sq. ft., thanks to its RD1.5 zoning with a Tier 1 density bonus classification (Upto 35%) you may be able to build up to FIVE 1,180 sf units* (*if new owner utilizes the city's maximum allowable buildable area & setbacks). This property IS a rare opportunity to bring you a Million Dollar return on investment. Buyer to rely on their own due diligence to confirm the feasibility of the project, actual building square footage and other information deemed pertinent.

Details

Type: Multi-Family/Income Sale 
Subdivision: 671 - Silver Lake 
County: Los Angeles 
Tax ID: 5159018003
Gross Rent Multiplier: 0.00 
Access Features: Other 
AltCal ID: CRPW19200953 
Amenities: Other, High Ceiling  
Construction Type: Other, Wood  
Kitchen: None 
Laundry: 38, In Laundry Room, 30 
Number of Buildings: 1 
Number of Units: 4 
Property Type: Commercial Sale 
Roof: Composition 
Style: Other, Victorian 
Sub Type: Fourplex 
View: City Lights, Other 
Water: District - Public 

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34.064938 -118.262947 $799,000 PW19200953
210 Belmont Ave., Los Angeles, CA 90026
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Listed by Monica Hosozawa with Berkshire Hathaway Homeservice

Based on information from the MLSListings MLS) as of 3/28/2024. 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.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 3/28/2024. 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. ©2024 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes