$10,000 Closing Credit¹
#PW24059645, David Lozano, Listing Office: IET Real Estate
#P1-20877·
Listing Office: Craig Estates and Fine Properties·
Listing Agent: Caren Saiet·
Listing Office Phone: (818) 790-2192
$999,000 List price
500 Belmont Ave Los Angeles, CA 90026
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 500 Belmont Ave
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.
Highlights
Home typeTriplex
HeatingCentral, Ductless
StatusActive
CoolingCentral Air, Ductless
Lot size0.1197 Acres
Year built1928
MLS #P1-20877
FireplaceDecorative
ViewLake
Summary
- MLS Number: P1-20877
- MLS Name: CRMLS
- Office Name: Craig Estates and Fine Properties
- Office Phone: (818) 790-2192
- Office Email: craig@craigestates.com
- Listing Agent: Caren Saiet
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$999,000
500 Belmont Ave
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 13, 2015 | Home Sold | $619,000 |
| Sep 26, 2002 | Home Sold | $320,000 |
| Jul 28, 2000 | Home Sold | $223,000 |
| Nov 16, 1990 | Home Sold | $239,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $718,396 | $9,014 |
| 2023 | $704,311 | $8,843 |
| 2022 | $690,502 | $8,437 |
| 2021 | $676,964 | $8,327 |
| 2020 | $670,023 | $8,081 |
| 2019 | $656,886 | $8,003 |
| 2018 | $644,007 | $7,829 |
| 2017 | $631,380 | $7,829 |
History based on county public records data.
Nearby schools
4
Betty Plasencia Elementary
Public District KG-5
0.5 mi
•1321 Cortez St
4
Rosemont Avenue Elementary
Public District 2-5
0.5 mi
•421 Rosemont Ave
4
Union Avenue Elementary
Public District PK-5
0.5 mi
•150 S Burlington Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $22,368. The majority of Los Angeles, CA residents have income less than $<35k annually. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
54%
<35k
37%
35k-100k
9%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
52%
Single, No Kids
12%
Single, with Kids
16%
Married, No Kids
20%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
9%
12-17 yrs old
31%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Music Concerts
Pro Boxing
Where do the neighbors shop?
Banana Republic
H&M
IKEA
Where do the neighbors go to eat?
Jack In The Box
Chipotle
Quiznos
What do the neighbors drive?
Toyota
Volkswagen
Lexus
What do the neighbors listen to?
Jazz
Rhythmic Contemporary Hits- Soft Adult Contemporary
All data provided by Home Junction and Claritas
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This home is located at 500 Belmont Ave in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 17, 2025 and is currently priced at $999,000.
While more than 294 listings in Los Angeles, CA in January 2025 were sold above asking price, there were more than 161 listings sold at asking price, and more than 545 were sold below. In January 2025 in Los Angeles, CA there were 20.1% more homes for sale than in December. The median list price of listings available in January 2025 was $1,035,435, while the average time on the real estate market was 45 days.
From Rocket Homes Real Estate and based on county public records data.