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500 Belmont Avenue

Los Angeles, CA 90026

– beds
– baths
– sqft
5,213 sqft lot
1928 build
– on site

Tremendous opportunity to own a charming, very well-maintained, 1920's TRIPLEX with 2 VACANT UNITS! Nestled on a hill at the end of a cul de sac with views of DTLA and Echo Park Lake, the large FRONT 2 BR, 1.5 BA bungalow boasts hardwood floors, original period details, 2 bonus rooms, exterior laundry closet, and a separate workshop currently decorated as a tiki lounge. Behind the shared yard, are 2 REAR detached studios with hardwood floors, views, and mini splits. All units are separately metered. Upgrades include tankless water heater, 2 new roofs, updated wiring, and 2 new foundations. Ideal for an owner user occupant. Solid 1031 investment or live in one and rent the others.

Listed By CRMLS_CA / Caren Saiet / Craig Estates and Fine Properties

Last checked: Checking… • Last updated Feb 22, 2025 •

MLS# P1-20877 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1928
Year Built Source:

Assessor
Building Area Total:

2316.00
Total Number Of Units:

3
# of Buildings:

3
Architectural Style:

Bungalow
Foundation:

Brick/Mortar
Stories Total:

1
Common Walls:

No Common Walls
# of Separate Gas Meters:

3
# of Separate Water Meters:

1
# of Separate Electric Meters:

3

Interior

Features:

Bar, Storage
Levels:

One
Flooring:

Wood
Room Type:

Bonus Room, Laundry, Workshop, Office
Fireplace:

Yes
Fireplace:

Decorative
Laundry:

See Remarks, Stackable
Laundry:

1

Financial & Terms

Disclosures:

Rent Control

Location

Directions:

Alvarado to Clinton to Belmont
Latitude:

34.07044700
Longitude:

-118.26209800

The Property

Property Type:

Residential Income
Subtype:

Triplex
Zoning:

LARD2
Lot Features:

Front Yard, Corner Lot, Cul-De-Sac
Lot Size Area:

5213.0000
Lot Size Acres:

0.1197
Lot Size SqFt:

5213.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Lake
Fencing:

Chain Link
Fence:

Yes
Exclusions:

Washer/dryer belongs to front tenant.No fridge in REAR R studio
Other Structures:

Workshop
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Tract:

195...
Tax Lot:

016

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5404013016

Heating & Cooling

Heating:

1
Heating:

Central, Ductless
Cooling:

Yes
Cooling:

Central Air, Ductless

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Refrigerator
Included:

Yes

The Community

Subdivision:

Not Applicable
Subdivision:

Not Applicable
Features:

Urban
Inclusions:

fridge in front house and L studio.
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

No
Assessments:

None

Parking

Parking:

No
Parking:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
2/16/25 Feb 16, 2025	Listed / Active	CRMLS_CA	$999,000	61.5% (6.6% / YR)
11/13/15 Nov 13, 2015		CRMLS_CA	$618,650
12/17/14 Dec 17, 2014	Delisted / Withdrawn	DAMLS

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This multifamily located in Central LA, Los Angeles, CA 90026 is currently for sale for $999,000. 500 Belmont Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. 500 Belmont Avenue is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 86, making it very walkable. This multifamily is in the attendance area of Edward R. Roybal Learning Center, Ramon C Cortines School Of Visual And Performing Arts, Virgil Middle School, Miguel Contreras Learning Complex - School Of Social Justice, Miguel Contreras Learning Complex - Acdemic Ldrshp Community, Miguel Contreras Learning Complex - Los Angeles School Of Global Studies, Miguel Contreras Learning Complex - Business And Tourism, Belmont Senior High School, and Camino Nuevo Academy 4.

Listing Courtesy of: CRMLS_CA and Craig Estates and Fine Properties. Based on information from California Regional Multiple Listing Service, Inc. as of 23:05 on Feb 21.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.