Beautiful Multifamily Property at 2300 Bellevue Ave Los Angeles

Beautiful multifamily property located at 2300 Bellevue Ave, Los Angeles, CA. This stunning 16-unit building features a mix of 4 one-bedroom units and 12 studio apartments. Built in 1916, this property boasts a classic charm with modern appeal, perfect for investors seeking a prime location in a thriving neighborhood.

Key Property Details

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• Location: 2300 Bellevue Ave, Los Angeles, CA 90026
• Lot Size: 5,005 square feet
• Total Building Area: 8,270 square feet
• Units: 16 (12 × Studios, 4 × 1BR/1BA)
• Zoning: LAR3-1VL
• Year Built: 1916
• Parking: None (street parking available)
• Rent Control: Yes
• Utilities: Separately metered electric; owner pays water, trash, and common area electric

‍Investment Highlights

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• Prime Silver Lake Location: Situated just minutes from Sunset Junction, Echo Park, and Downtown LA—an area with strong renter demand and limited supply.
• Modernized Systems: Recently upgraded electrical breakers, plumbing, gas lines, and a 2020 foundation retrofit minimize future capital expenses.
• Rooftop Deck Amenity: Renovated communal rooftop space with sweeping views adds lifestyle appeal and supports premium rents.
• Operational Simplicity: Owner-paid utilities with separate electric metering streamline management and tenant accountability.
• Strong Rent Growth Potential: Current in-place rents average ~$1,579/month vs. market rents exceeding $1,830/month, providing over 20% income upside.