
Los Angeles, California 90026
This High-Potential Investment Opportunity is a four-unit Residential Income Asset listed at $1,550,000, positioned slightly above the $1,519,907 Fair Market Value. Despite the premium, the property offers a stable, income-producing model generating over $10,000 monthly. With a Condition Rating of 2 following a comprehensive renovation, the building requires no immediate capital expenditure. Featuring 11-vehicle parking capacity and flexible mid-term rental configurations, this is a prime acquisition for Buy-and-Hold Investors or Multifamily Portfolio Managers seeking immediate cash flow in the Los Angeles market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 210 Belmont Avenue Subject 0 bd · 0 ba · 2,600 sqft · $585 | $1,470,000* List Price | 0 | 0 | 2,600 | $585 | - |
A 341 Douglas Street Active 0 bd · 0 ba · 2,492 sqft · $632 · 0.3 mi | $1,575,000 List Price | 0 | 0 | 2,492 | $632 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1895, the property has undergone a comprehensive modern renovation within the last 5 years. Interior photos show mint condition finishes including new wide-plank flooring, recessed lighting, updated white shaker cabinetry, and modern fixtures, requiring no immediate maintenance.
The property features five tandem parking areas accommodating up to 11 vehicles, a rare and highly valuable asset for a multifamily property in the dense Los Angeles market.
Generating over $10,000 monthly, the unique private exterior entrances for each bedroom offer unmatched flexibility for co-living, mid-term, or traditional rental strategies.
Situated in the high-demand Silver Lake/Echo Park area near Downtown Los Angeles, the property is perfectly positioned to attract a steady pool of professional tenants.
Originally constructed in 1895, the building may require substantial ongoing maintenance or capital improvements to address aging infrastructure and systems.
While parking is plentiful, the tandem configuration can create logistical challenges for tenants, potentially complicating daily access and property management.
Excellent income-producing opportunity in Los Angeles! 210 Belmont Ave is a four-unit property offering a unique combination of long-term tenancy and flexible mid-term rental potential. The property is currently operated with two long-term rental units along with two spacious 2-bedroom, 2-bathroom units being utilized for mid-term rentals. Each bedroom in the 2-bedroom units features its own private exterior entrance, providing additional flexibility in how the spaces may be used and rented. The current rental configuration generates approximately $10k plus per month in scheduled gross rental income. A major highlight is the property's parking capacity, with five tandem parking areas accommodating approximately 11 vehicles—an attractive feature for a multifamily property in Los Angeles. Investors have the opportunity to continue the property's current rental strategy or explore alternative configurations and rental options. The two 2-bedroom units may also be utilized in their original configuration, providing additional flexibility for future ownership. Conveniently located near Downtown Los Angeles with access to major employment centers, dining, entertainment, and transportation. A compelling opportunity for investors seeking existing income, multiple rental configurations, and long-term potential in the Los Angeles multifamily market. Buyer to independently verify all property information, rental income, permits, unit configuration, rental use, and applicable local regulations.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 0.4 mi
Grades K-6 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,600 | 2,090.331 |
| Lot Size | 5,946 | 5,852.908 |
| Price | $1.47M | $830.9K |
| Price per sq ft | $565 | $394 |
| Built year | 1895 | 1928 |
| HOA | $0 | $0 |
| Days on market | 54 | 87 |
Oct 28, 2026
$1,470,000
$1,550,000
-5% Price Drop
Initial Listing
Sep 16, 2026
$1,550,000
Initial Listing
Jun 17, 2021
$1,350,000
Public Record
Sep 27, 2019
$850,000
Public Record