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$ 2,575,000
Est. payment /mo
Pending
11747 Bellagio Road Los Angeles, CA 90049
4,992 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,992 sqft
Price per Sqft $515
MLS Listing ID CL25535387
HOA Y/N No
Year Built 1953
Lot Size 6,495 Sqft
Acres 0.15
Property Sub-Type Other
Property Description
JUST REDUCED! ALMOST A 5 CAP IN BEL AIR!!! We are pleased to offer for sale a timeless mid-century gem located in the prestigious Westside enclave of Bel Air. 11747 Bellagio Road presents the unique opportunity to acquire a quintessential value-add property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units. Each of the units has a terrific floor plan and offers an abundance of natural light. Other property features include a well landscaped facade, a charming sitting area, an on-site laundry room, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 4368014015
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Listed by Jonathan Taksa • Remax Commercial and Investment Realty