11747 Bellagio Rd | Los Angeles, CA 90049
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- LoopNet Team
11747 Bellagio Rd
Los Angeles, CA 90049
Rare 8 Units in Lower Bel Air · Multifamily Property For Sale
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8 Units
Investment Highlights
- JUST REDUCED! ALMOST A 5 CAP IN BEL AIR!!! 8 units situated in Lower Bel Air (rarely traded submarket)
- Quintessential value-add investment opportunity
- Exempt from soft story retrofit (Buyer to verify)
- Excellent unit mix (all 1-bedroom units)
- Significant rental upside (current rent/SQFT of $3.44)
- In close proximity to high-end dining, retail, and entertainment venues
Property Facts
| No. Units | 8 | Building Size | 4,992 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1953/2000 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 0.15 AC | ||
| Zoning | LAR3 - Medium-Density Residential Development | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 4,992 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1953/2000 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | LAR3 - Medium-Density Residential Development |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Kitchen
- Refrigerator
- Tub/Shower
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
- Public Transportation
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 600 |
Property Taxes
| Parcel Number | 4368-014-015 | Improvements Assessment | $1,082,432 |
| Land Assessment | $2,164,864 | Total Assessment | $3,247,296 |
Property Taxes
Parcel Number
4368-014-015
Land Assessment
$2,164,864
Improvements Assessment
$1,082,432
Total Assessment
$3,247,296
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