509 Belden Avenue, Los Angeles, California 90022, Los Angeles, 90022 - 0 bed, 0 bath
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509 Belden Avenue
Los Angeles, California 90022
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,921Sq Ft
5,104Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,145,244
3% BelowMARKET VALUE
SUMMARY
This Triplex Residential Income Asset is a Prime Investment Opportunity, listed at $1,100,000—positioned well below the $1,145,245 Fair Market Value by 4%. This valuation gap offers $45,245 in Instant Equity. With a Good Condition Rating and 2011 construction, the property features modern amenities like Central AC/Heating and Indoor Laundry. Its strategic location near major retail hubs ensures consistent rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, income-generating property.
Estimated Market Value
$1,145,244+$45,244 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 509 Belden Avenue Subject 0 bd · 0 ba · 2,921 sqft · $392 | $1,100,000* List Price | 0 | 0 | 2,921 | $392 | - |
A 5111 Boswell Sold 0 bd · 0 ba · 2,553 sqft · $390 · 0.9 mi | $995,000 | 0 | 0 | 2,553 | $390 | 0.9 mi |
B 5111 Boswell Sold 6 bd · 4 ba · 2,553 sqft · $390 · 0.9 mi | $995,000 | 6 | 4 | 2,553 | $390 | 0.9 mi |
C 538 S Fetterly Avenue Sold 0 bd · 0 ba · 2,412 sqft · $338 · 0.7 mi | $815,000 | 0 | 0 | 2,412 | $338 | 0.7 mi |
D 536 S Sadler Sold 4 bd · 3 ba · 2,000 sqft · $400 · 0.2 mi | $800,000 | 4 | 3 | 2,000 | $400 | 0.2 mi |
E 536 S Sadler Sold 0 bd · 0 ba · 2,000 sqft · $400 · 0.2 mi | $800,000 | 0 | 0 | 2,000 | $400 | 0.2 mi |
F 631 Leonard Sold 0 bd · 0 ba · 1,960 sqft · $485 · 0.6 mi | $949,999 | 0 | 0 | 1,960 | $485 | 0.6 mi |
G 5354 Louis Sold 3 bd · 3 ba · 1,831 sqft · $441 · 0.5 mi | $807,000 | 3 | 3 | 1,831 | $441 | 0.5 mi |
H 622 Eastmont Active 0 bd · 0 ba · 3,011 sqft · $448 · 0.2 mi | $1,349,000 List Price | 0 | 0 | 3,011 | $448 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2011, the property is approximately 15 years old, placing it firmly in the 'Good' category. The listing and images confirm well-maintained systems including central HVAC, modern laminate and tile flooring, and functional kitchens with contemporary cabinetry, making it move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2011, this property is significantly newer than the typical multi-family inventory in East Los Angeles, offering modern building standards, updated systems, and lower immediate maintenance costs.
- High-Demand Amenities
Each unit is equipped with essential modern conveniences including central AC and heating, indoor laundry hookups, and assigned covered parking, which are premium features that drive high tenant retention.
- Strategic Location
The property boasts excellent proximity to major retail and entertainment hubs such as the Citadel Outlets, Atlantic Square, and Target, providing significant lifestyle appeal for residents.
CONSRISKS & DEFICIENCIES
- Uniform Unit Mix
The identical 2-bedroom, 1-bathroom layout across all three units lacks the diversity of a larger 'owner's unit,' which may limit appeal for buyers seeking more spacious living quarters.
- Limited Outdoor Space
With a nearly 3,000 square foot building footprint on a 5,104 square foot lot, there is minimal common area or private yard space for tenants to utilize for recreation.
About 509 Belden Avenue
Fantastic investment opportunity or multi-generational property! This standalone triplex building features a high-demand layout with two private units upstairs and one spacious unit downstairs. Perfect for an investor looking for strong rental income or an owner-occupant wanting to live in one unit and rent out the others. Every unit is beautifully designed for maximum comfort and utility, with each featuring: 2 Bedrooms & 1 Full Bathroom, Modern Laminate Wood-Grain Flooring throughout the living rooms and bedrooms, Durable Tile Floors in all kitchens and bathrooms, Dedicated Dining Area adjacent to a fully functional kitchen, Convenient Indoor Laundry Area perfectly sized for a stackable washer and dryer, Central AC & Heating for year-round climate control, Assigned Covered Parking to protect vehicles from the elements. Whether you are looking to expand your real estate portfolio or secure a low-maintenance residential property, this turn-key triplex delivers convenience, functionality, and consistent value. . The surrounding area is exceptionally rich in local amenities, shopping hubs, and recreational spaces providing immediate access to a Target, Ross, El Super grocery store, Starbucks, and an Edwards Movie Theater, and minutes away from Atlantic Square, and the Citadel Outlets. Schedule your viewing today to see this incredible property in person!
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 2011
- Lot Size
- 5,104 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,921 | 2,090.331 |
| Lot Size | 5,104 | 5,852.908 |
| Price | $1.10M | $830.9K |
| Price per sq ft | $377 | $394 |
| Built year | 2011 | 1928 |
| HOA | $0 | $0 |
| Days on market | 10 | 87 |
Pricing History
Listed for Sale
Oct 30, 2026
$1,100,000
Initial Listing