2300 Bellevue Ave, Los Angeles, CA 90026

Property Overview

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2300 Bellevue Avenue is a historic and well-maintained 16-unit apartment building located in the heart of Silver Lake, one of Los Angeles' most desirable neighborhoods. Constructed in 1916, this multi-family property offers 8,270 square feet of total living space spread across a 5,005-square-foot lot. The building features a balanced mix of 12 studios and 4 one-bedroom apartments, providing flexibility for renters and maximizing income potential. The property is zoned LAR3, allowing multi-family residential use, making it ideal for investors seeking reliable rental income in an in-demand market.

With a blend of classic architecture and modern upgrades, 2300 Bellevue Avenue offers a unique investment opportunity in Los Angeles real estate, appealing to a wide array of tenants drawn to the area’s vibrant community and urban amenities.

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Key Property Details

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• Location: 2300 Bellevue Ave, Los Angeles, CA 90026
• Lot Size: 5,005 square feet
• Total Living Area: 8,270 square feet
• Units: 16 (12 studios, 4 one-bedroom apartments)
• Construction: Reinforced foundation with updated building systems
• Year Built: 1916
• Zoning: LAR3 (multi-family residential zoning for flexibility in tenant use)

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Investment Highlights

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2300 Bellevue Avenue is strategically located in the high-demand Silver Lake neighborhood, known for its proximity to Downtown Los Angeles, eclectic dining, entertainment, and cultural venues. Recent capital improvements include a comprehensive overhaul of essential systems, such as new electrical, copper plumbing, and gas lines. A 2020 foundation renovation further enhances the property’s structural integrity, ensuring low maintenance costs and long-term stability. The building also features an assumable 3.74% interest rate loan from Chase, available until June 2026. This rare low-rate financing option can enhance cash flow and offer significant savings on interest expenses.

Given its prime location, historic charm, and updated infrastructure, 2300 Bellevue Avenue is well-suited for investors targeting steady rental income and property appreciation in a top Los Angeles rental market.

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Neighborhood and Accessibility

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Situated in Silver Lake, one of Los Angeles' most popular neighborhoods, 2300 Bellevue Avenue offers tenants convenient access to an array of local attractions, including trendy cafes, renowned restaurants, boutique shopping, and popular entertainment options. This vibrant area is also close to Downtown Los Angeles, which opens up even more opportunities for dining, employment, and nightlife, appealing to the city’s young professionals and creative residents. The property is easily accessible from major freeways, including the 101, 110, and 5, making it an ideal location for commuters.

Silver Lake's unique blend of urban amenities and artistic ambiance attracts renters seeking both lifestyle and convenience, making it a top choice for tenants in Los Angeles. This neighborhood appeal enhances the property’s ability to maintain high occupancy rates, providing stability and reducing vacancy risk for investors.

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Market Trends and Financial Potential
The Silver Lake rental market remains strong, with comparable properties achieving high occupancy and steady rental growth. The diverse unit mix of studios and one-bedroom apartments at 2300 Bellevue Avenue caters to various tenant profiles, supporting demand from single professionals, couples, and small families alike. With separate electric metering for each unit and owner-covered common utilities, the property offers streamlined utility management and lower operational complexity.

Given its location, recent upgrades, and strong market demand, 2300 Bellevue Avenue stands out as a valuable investment in Los Angeles multi-family real estate. For investors, it presents an opportunity to capture immediate cash flow and capitalize on future appreciation, securing an asset in a highly sought-after neighborhood with enduring appeal.

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For more information and to schedule a viewing, please contact:

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Taylor Avakian

Founder, The Group CRE

First Vice President, Lyon Stahl