Check Availability
$700,000
↑ $50K (7.7%)
House - For Sale

334 Belmont Ave

Los Angeles, CA 90026
bedrooms
2 Beds
bathrooms
1 Bath
square feet
852 Sqft
$3,438
Estimated Monthly
$0
HOA / Fees

About This Property

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.

The manager has listed the unit size as 852 square feet.
Unit Size
852Ft²
Days on Market
87 days
Land Size
0.07 acres
Price per sqft
$822
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1910
Listed By
Sophia Firoozi
eXp Realty of California Inc
Last updated: 5 days ago (CLAWCA #353621)

Price History

Date / Event Date Event Price
Apr 23, 2024 Price Increased $700,000
↑ $50K (7.7%)
Price Increased
Jan 31, 2024 Listed by eXp Realty $650,000
Listed by eXp Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,906
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 400
  • Total Building Area: 852
  • Building Area: 852
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 852
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GLASSELLS SUB
  • Land Acres: 0.067
  • Legal Description 1: GLASSELLS SUB OF LOT 3 ETC BLOCK 39 HANCOCKS SURVEY # 2 NE 39.96 FT OF NW 75.48 FT OF LOT/SEC 5 BLK/DIV/TWN D

Ownership

  • Current Owner : JUAREZ JULIO CESAR
  • Current Owner 2: GALDAMEZ MARTHA Y
  • Previous Owner : SIQUEIROS ARMIDA
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 208302

Zoning

  • Zoning: LAR4

Geography

  • Assessors Map Reference: 44-C1
  • Parcel: 5159-022-005
  • Block: 39
  • Lot: 3
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.068
  • Longitude: -118.263

    Address

  • Full Address: 334 Belmont Ave
  • Address - House Number: 334
  • Address - Street Name: Belmont
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Carrier Code: C054
  • 4-Digit Zip Code: 5030
  • Zip Code: 90026

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,655
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.068
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 96
  • Final Value: 654,440
  • High Value: 698,973
  • Low Value: 609,906

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $270,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 06, 2007
  • First Open Lien Mortgage Financing Type: unknown
  • First Open Lien Mortgage Loan Amount: $270,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,590
  • Assessed Land Value: $108,480
  • Assessed Improvements Value: $27,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 04, 1998
  • Current Sale Recording Date: Sep 01, 1998
  • Current Sale Transaction ID: 1010408662
  • Current Sale Price: $90,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 98-1563183

    Last Sale Mortgage

  • First Mortgage Lender: MANHATTAN MORTGAGE
  • First Mortgage Transaction Date: Sep 01, 1998
  • First Mortgage Loan Amount: $89,901
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Sep 01, 2028

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
2 Beds
2 Baths
1,243 ft²
$535/ft²
$665,000 Jan 4, 2024
-
$1,150/mo
Condo
2 Beds
2 Baths
1,234 ft²
$623/ft²
$769,000 Dec 7, 2023
-
$1,530/mo
Condo
2 Beds
2 Baths
1,348 ft²
$464/ft²
$625,000 Nov 5, 2023
-
$1,140/mo
House
1 Bed
1 Bath
880 ft²
$886/ft²
$780,000 Jan 4, 2024
-
-
Condo
1 Bed
1 Bath
720 ft²
$1,013/ft²
$729,000 Jan 13, 2024
-
$148/mo

About East LA


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Frequently Asked Questions

When was property at 334 Belmont Avenue built and last sold?
The property at 334 Belmont Avenue was built in 1910 and last sold on Aug 4, 1998 for $90,000.
How much is this home worth?
The estimated value of the home located at 334 Belmont Avenue is $657,283.
What are some comparable homes to 334 Belmont Avenue?
Homes that are comparable to 334 Belmont Avenue include a condo property at 880 West 1st Street, 800 West 1st Street, 1128 West Edgeware Road.

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