Est. cap rate

3.6%

Assumed rent, all units

$4,620/mo

Units

2

Price per unit

$387,500

Est. annual NOI

$27,720

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Bathrooms

2

Building size

1,364 sqft

Lot size

1,191 sqft

Year built

1923

Stories

1

Garage spaces

0

Style

Traditional

Heating

Central

Cooling

Central Air

Pool

None

View

None

Status

Active

Days on market

97

MLS #

238716669

About this property

Discover a rare opportunity to own a duplex in Belmont Square/Echo Park South, a hidden gem in Los Angeles that blends East Coast-style architecture with classic LA charm. Situated on Columbia Place and Columbia Avenue, this inviting two-unit property offers a prime location within one of LA's most walkable and architecturally rich neighborhoods. Belmont Square is a pedestrian-friendly enclave designed by renowned architect David Julius Witmer, featuring minimal Art Deco and American Craftsman influences. Inspired by New York City row houses, this neighborhood boasts picturesque tree-lined streets, garden courtyards, and a rich architectural heritage dating back to the 1920s.These duplex features two 1-bed, 1-bath units with functional layouts and in-unit washer/dryers, along with private garden areas that provide a peaceful retreat in the city. A newly replaced roof adds long-term value and peace of mind, making this a smart investment. Whether you're looking to live in one unit and rent out the other, this property offers the flexibility to do both. Enjoy prime walkability, with Downtown LA, Silver Lake, Echo Park, and Koreatown just minutes away. Vista Hermosa Park and Echo Park are both within walking distance, offering scenic green spaces, trails, and city views just steps from your doorstep. Surrounded by beautifully preserved architecture and lush communal spaces, this property is full of character and history. Schedule a showing today and experience the unique charm of Belmont Square!

Location

217 Columbia Place

Los Angeles, Los Angeles, CA, 90026