334 Belmont Avenue, Los Angeles, CA 90026

$700,000 Asking Price

2 beds
1 bath
852  sqft
Built in 1910

Seize the chance to own a piece of Echo Park, a vibrant gem nestled just a stone's throw away from the serene Echo Park Lake and the bustling heart of Downtown Los Angeles. This unique fixer-upper, coming to market at an enticing 60% of its After-Repair Value (ARV), presents a remarkable investment opportunity for those looking to dive into the LA housing market. This residence holds the potential to be transformed into a modern sanctuary. The real charm lies in the possibility to build up and create a space that offers breathtaking views of the Downtown LA skyline. The proximity to Downtown LA ensures that you're never too far from the pulse of the city, while the local array of shops and restaurants in the Historic Filipinotown section of Echo Park offers a taste of the community's rich cultural tapestry right at your doorstep. Whether you're looking to flip and sell or craft your dream dwelling, the potential for substantial equity gain is undeniable. Don't miss out on this rare chance to step into the LA housing market, make your mark in Echo Park, and shape a future where your real estate dreams become your reality. Property is sold in its as-is condition. No repairs or credits will be offered by Sellers.


Features & Amenities

Interior

Laundry:
None
Flooring:
Laminate
A/C:
false, None
Heating:
false, None
Fireplace:
Decorative, Fireplace

Exterior

General:
Shed(s)
Other Structures:
Shed(s)
Pool:
None
Parking:
Covered,Driveway, Parking spaces: 1

Construction

General:
1, Raised

Location

Originating MLS:
CRMLS
County:
Los Angeles

Lot

Zoning:
LAR4, 5159022005
View:
None

Financial

Source:
CRMLS

This listing courtesy of:
Real Broker, Sophia Firoozi

About Los Angeles, CA

Housing

Number of Units
906,276
Median Home Value
$764,749
Median Rent
$1,399

71.58% of housing units are renter occupied.

6.82% are vacant.

Commute

Car
56.67%
Public Transportation
8.41%
Walk to Work
3.27%
Work from Home
29.71%
Other
1.00%

The median travel time to work is 25 minutes.

People

Population
2,373,885
Median Age
35.80
Median Household Size
2.78

Education

High School
18.57%
Associate’s Degree
5.55%
Bachelor’s Degree
22.72%
Graduate Degree
12.23%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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