2 months on rocket

334 Belmont Ave, Los Angeles, CA, 90026

$700,000

Home List Price

$8,313*

Closing Credit

2 Bedrooms
1 Full Bath
852 SqFt
$822/SqFt
House
Schools Nearby

Location

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334 Belmont Ave, Los Angeles$700,000

Buyer Closing Credits

$8,313*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingCovered, Driveway
Garage1 space
Year Built1910
HeatingNone
CoolingNone
FireplaceDecorative
ViewNone
MLS #24353621
Lot Size0.07 Acres
StatusActive

About 334 Belmont Ave

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.

Property Details

Property Features

Property Information:

  • Year Built: 1910
  • Stories: 1
  • Living Area: 852 SqFt

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (888) 584-9427
  • Listing Agent: Sophia Firoozi

Interior Features

Interior Information:

  • Flooring Type: Laminate
  • Fireplace: Decorative

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered, Driveway

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

School Info

Assigned Schools Information:

  • Belmont Senior High School, Public District Grades 9-12
  • Edward R. Roybal Learning Center, Public District Grades 9-12
  • Contreras Learning Center-Los Angeles School of Global St, Public District Grades 9-12
  • Sal Castro Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Betty Plasencia Elementary School, Public Magnet Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: Take Union exit off the 101 Freeway. Just south of Temple.

Price Information

Listing Price Info

Price Summary:

  • List Price: $700,000
  • Price Per SqFt: $822/SqFt

Tax Information:

  • Annual Amount: $1,627
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

334 Belmont Ave vs Los Angeles

83 DAYS ON ROCKET

+49 Days

$700,000

-$275.9K Less

$822/SqFt

+$194 More

KEY TAKEAWAY

This property is $275.9K less than the Median Sold Price and $194/SqFt more than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24353621

Listing Office:

  • Office Name: eXp Realty of California Inc
  • Office Phone: (888) 584-9427
  • Listing Agent: Sophia Firoozi

IDX 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: 4/29/2024, 12:25:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 01, 1998Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,627$130,326
2020$1,579$128,990
2019$1,539$126,462
2018$1,507$123,984
2017$1,507$121,554

History based on county public records data.

Payment Calculator

$3,561

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,165

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2748594
4
/10

  • Betty Plasencia Elementary School

  • 1321 Cortez St

  • 0.41 miles

  • Public Magnet Grades KG-6

school-card-donut-2748595
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 4.86 miles

  • Public Magnet Grades KG-6

school-card-donut-2748596
9
/10

  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 23.36 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-2748597
4
/10

  • Sal Castro Middle School

  • 1575 W 2nd St

  • 0.48 miles

  • Public District Grades 6-8

school-card-donut-2748598
4
/10

  • Studio

  • 2211 W Avenue 30

  • 2.94 miles

  • Public District Grades 6-8

High School

school-card-donut-2748599
2
/10

  • Belmont Senior High School

  • 1575 W 2nd St

  • 0.48 miles

  • Public District Grades 9-12

school-card-donut-2748600
3
/10

  • Edward R. Roybal Learning Center

  • 1200 Colton St

  • 0.63 miles

  • Public District Grades 9-12

school-card-donut-2748601
1
/10

  • Contreras Learning Center-Los Angeles School of Global St

  • 322 Lucas Ave

  • 0.72 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,868. The majority of Los Angeles, CA residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 334 Belmont Ave

What is the listing price of this property?

The listing price of 334 Belmont Ave property is $700,000.

What type of property is this?

The property 334 Belmont Ave is a house located in Los Angeles, California, 90026.

Is this property for sale now?

Active Listing: 334 Belmont Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 334 Belmont Ave are:
Betty Plasencia Elementary School: GreatSchools Rating 4/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Sal Castro Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
Belmont Senior High School: GreatSchools Rating 2/10
Edward R. Roybal Learning Center: GreatSchools Rating 3/10
Contreras Learning Center-Los Angeles School of Global St: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,627 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 1, 1998 for $90,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 334 Belmont Ave has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 334 Belmont Ave is 852 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 334 Belmont Ave is 1910.

Rocket Homes›California›Los Angeles County›Los Angeles›90026›334 Belmont Ave

This home is located at 334 Belmont Ave in Los Angeles, CA and zip code 90026 in the Central LA neighborhood. This 852 square foot home, which was built in 1910, sits on a 0.07 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 05, 2024 and is currently priced at $700,000.

In March 2024 more than 628 listings in Los Angeles, CA were sold above the asking price. During the same period more than 196 listings were sold at asking price, while more than 579 were sold below. Between February 2024 and March 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 10.8%. Listings spent 34 days on the market in March 2024, and had a median list price of $975,970 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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