JUST REDUCED! ALMOST A 5 CAP IN BEL AIR!!! We are pleased to offer for sale a timeless mid-century gem located in the prestigious Westside enclave of Bel Air. 11747 Bellagio Road presents the unique opportunity to acquire a quintessential value-add property situated in one of the strongest rental locations… Read More in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units. Each of the units has a terrific floor plan and offers an abundance of natural light. Other property features include a well landscaped facade, a charming sitting area, an on-site laundry room, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles. Read Less
Property listed by Remax Commercial and Investment Realty, Jonathan Taksa 213-817-1000
Listing Snapshot
Days Online
92
Last Updated
Property Type
Other
Beds
8
Square Ft.
4,992
Lot Size
0.15 Acres
Year Built
1953
MLS Number
25535387
30 Days Snapshot Of 90049
$3.33M
-24%
(avg) sold price
30
-11%
homes sold
76
+2%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1953, Building area total: 4,992, Levels: One, Living area: 4992, 1 story, 1 building
Heating
WallFurnace
Income
Gross income: $197,868, Net operating income: $126,218
Lot
0.1491 acres, 6,495 square feet, Size: 6,495
Parking
8 totals parking, Assigned
Property
Zoning: LAR3
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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