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.
Sold for $975,000
Listed by: Craig Estates and Fine Properties • Caren Saiet • Contact: 818-220-3131
Bought with: Figure 8 Realty
$975,000
500 Belmont Ave, Los Angeles, CA 90026
2beds
4baths
2,316sqft
Triplex
Built in 1928
-- sqft lot
$957,000 Zestimate®
$421/sqft
$2,788 Estimated rent
Home value
$957,000
$861,000 - $1.06M
$2,788/mo
Zestimate® history
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List your homeWhat's special
Original period detailsHardwood floorsExterior laundry closet
Zillow last checked:
Listing updated:
Listed by:
Caren Saiet DRE #01477124 818-220-3131,
Craig Estates and Fine Properties
Bought with:
Colt Maloney, DRE #01952570
Figure 8 Realty
Source: CRMLS,MLS#: P1-20877
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)
Originating MLS: California Regional MLS (Ventura & Pasadena-Foothills AORs)Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
Rooms
- Room types: Bonus Room, Laundry, Office, Workshop
Heating
- Central, Ductless
Cooling
- Central Air, Ductless
Appliances
- Included: Refrigerator
- Laundry: See Remarks, Stacked
Features
- Storage, Bar, Workshop
- Flooring: Wood
- Has fireplace: Yes
- Fireplace features: Decorative
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,316
- Total interior livable area: 2,316 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: City Lights, Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 5,213 Square Feet
- Features: Corner Lot, Cul-De-Sac, Front Yard
Details
- Additional structures: Workshop
- Parcel number: 5404013016
- Zoning: LARD2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Bungalow
- Property subtype: Triplex
Materials
- Foundation: Brick/Mortar
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Urban
- Subdivision: Not Applicable
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $421/sqft
- Tax assessed value: $732,763
- Annual tax amount: $9,133
- Date on market: 2/16/2025
- Cumulative days on market: 40 days
- Listing terms: Cash to New Loan,1031 Exchange
- Inclusions: fridge in front house and R studio.
- Exclusions: Washer/dryer belongs to front tenant.No fridge in REAR L studio. Stove in R studio is inoperable.
- Tenant pays: Electricity, Gas, Trash Collection
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2025 | Sold | $975,000+2.7%$421/sqft |
Source:  CRMLS #P1-20877 Report a problem | ||
| 3/31/2025 | Contingent | $949,000$410/sqft |
Source: CRMLS #P1-20877 Report a problem | ||
| 3/21/2025 | Price change | $949,000-5%$410/sqft |
Source: CRMLS #P1-20877 Report a problem | ||
| 3/12/2025 | Listed for sale | $999,000$431/sqft |
Source: CRMLS #P1-20877 Report a problem | ||
| 3/7/2025 | Contingent | $999,000$431/sqft |
Source: CRMLS #P1-20877 Report a problem | ||
| 2/17/2025 | Listed for sale | $999,000+61.4%$431/sqft |
Source: CRMLS #P1-20877 Report a problem | ||
| 11/13/2015 | Sold | $619,000-15.1%$267/sqft |
Source:  CLAW #15932449 Report a problem | ||
| 9/18/2015 | Pending sale | $729,000$315/sqft |
Source: Barnes International Luxury Real Estate #15932449 Report a problem | ||
| 8/13/2015 | Listed for sale | $729,000+127.8%$315/sqft |
Source: Barnes International Luxury Real Estate #15932449 Report a problem | ||
| 9/26/2002 | Sold | $320,000+43.5%$138/sqft |
Source: Public Record Report a problem | ||
| 7/28/2000 | Sold | $223,000$96/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,133 +1.3% | $732,763 +2% |
| 2024 | $9,015 +1.9% | $718,396 +2% |
| 2023 | $8,843 +4.8% | $704,311 +2% |
| 2022 | $8,437 +1.3% | $690,502 +2% |
| 2021 | $8,327 -1% | $676,964 +1% |
| 2020 | $8,409 | $670,023 +2% |
| 2019 | $8,409 +5.1% | $656,886 +2% |
| 2018 | $8,004 | $644,007 +2% |
| 2017 | $8,004 +2.2% | $631,380 +2% |
| 2016 | $7,830 +2.5% | $619,000 +60.5% |
| 2015 | $7,640 +56.2% | $385,616 +2% |
| 2014 | $4,893 | $378,064 +4.5% |
| 2011 | -- | $361,744 +0.8% |
| 2010 | -- | $359,042 -0.2% |
| 2009 | -- | $359,896 +4% |
| 2007 | -- | $345,922 +2% |
| 2006 | -- | $339,140 +49.1% |
| 2002 | -- | $227,460 |
Find assessor info on the county website
Neighborhood: Echo Park
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Nearby schools
GreatSchools rating
- 4/10Camino Nuevo Sandra CisnerosGrades: K-8Distance: 0.5 mi
- 3/10Belmont Senior High SchoolGrades: 9-12Distance: 0.6 mi
- 6/10Edward R. Roybal Learning CenterGrades: 9-12Distance: 0.7 mi
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Estimated market value
$957,000
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Estimated market value
$957,000
- California
- Los Angeles County
- Los Angeles
- 90026
- Echo Park
- 500 Belmont Ave
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