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504 Belmont Avenue, Los Angeles, California 90026, Los Angeles, 90026 - bed, bath

504 Belmont Avenue, Los Angeles, California 90026 home-pic-0
ACTIVE$1,199,000
504 Belmont Avenue, Los Angeles, California 90026
0Bed
0Bath
2,238Sqft
5,184Lot
Year Built
1921
Close
-
List price
$1.2M
Original List price
$2M
Price/Sqft
$536
HOA
-
Days on market
-
Sold On
-
MLS number
P1-20876
Home ConditionFair
Features
Good View: None
Patio
View-

About this home

We found 2 Cons,3 Pros. Rank: price - $1.20M(73th), sqft - 2238(45th), beds - undefined(50th), baths - undefined(50th).

Amazing opportunity to own a gorgeous, character-filled, and meticulously maintained TRIPLEX. Grandly sited above street level towards the end of a cul de sac, the large light-filled FRONT 2 BR, 1 BA bungalow boasts original period built-ins, hardwood floors, huge attic LOFT space, front porch, back patio, washer/dryer closet, and 1 car garage/gated driveway parking. Pass through the private flat grassy yard to thestunning REAR Spanish-style, upstairs/downstairs, 1 BR/1 BA duplex with hardwood floors, picture windows, and great views of DTLA & Echo Park Lake. All units have separate utility meters and washer/dryers. Upgrades include new roofs and laundry hookups.Solid 1031 Investment opportunity!

Nearby schools

4/10
Betty Plasencia Elementary School
Public,•K-6•0.4mi
5/10
Rosemont Avenue Elementary School
Public,•K-5•0.4mi
/10
Lake Street Primary School
Public,•K-1•0.6mi
3/10
Gratts Learning Academy For Young Scholars (Glays)
Public,•K-6•0.9mi
2/10
Mayberry Street Elementary School
Public,•K-6•1.0mi
8/10
Clifford Street Elementary School
Public,•K-6•1.3mi
6/10
Castelar Street Elementary School
Public,•K-5•1.3mi
5/10
Micheltorena Street Elementary School
Public,•K-5•1.5mi
3/10
Elysian Heights Elementary School
Public,•K-6•1.5mi
7/10
Solano Avenue Elementary School
Public,•K-6•1.7mi
7/10
Dorris Place Elementary School
Public,•K-6•2.0mi
8/10
Allesandro Elementary School
Public,•K-6•2.2mi
2/10
Logan Street Elementary School
Public,•K-8•0.6mi
3/10
Sal Castro Middle School
Public,•6-8•0.6mi
5/10
Virgil Middle School
Public,•6-8•1.7mi
6/10
Thomas Starr King Middle School
Public,•6-8•2.0mi
5/10
Florence Nightingale Middle School
Public,•6-8•2.7mi
6/10
Irving STEAM Magnet
Public,•6-8•3.5mi
3/10
Belmont Senior High School
Public,•9-12•0.6mi
8/10
John Marshall Senior High School
Public,•9-12•2.7mi

Price History

Date
Event
Price
05/01/25
Sold
$1,075,000
11/09/15
Sold
$830,000
02/01/06
Sold
$790,000
Condition Rating
Fair
The property was built in 1921. While the description mentions that it is meticulously maintained and has upgrades like new roofs and laundry hookups, the images show that the kitchens and bathrooms are dated. The hardwood floors are a plus, but overall, the property requires minor updates to bring it up to modern standards. The age of the property and the style of the kitchens and bathrooms suggest it has been renovated between 15 to 30 years ago.
Pros & Cons

Pros

Investment Opportunity: The property is a triplex with separate utility meters for each unit, presenting a solid 1031 exchange investment opportunity.
Character and Charm: The front bungalow boasts original period built-ins and hardwood floors, adding to its character and appeal.
Views: The rear Spanish-style duplex offers great views of Downtown Los Angeles and Echo Park Lake.

Cons

Age: Built in 1921, the property may require ongoing maintenance and potential upgrades due to its age.
Limited Parking: The front unit has only a 1-car garage/gated driveway parking, which may be insufficient for tenants.

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