7029 Bellaire Los Angeles, CA $ 1,099,000
7029 Bellaire
$ 1,099,000
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7029 Bellaire

Los Angeles, CA, 91605
$ 1,099,000
Baths1.0 Sq 2,178

Monthly Estimate*

$ 6,939

Listed by Equity Union
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,099,000 with 1 full bath. This 2,178 square foot home was built in 1958 on a lot size of 0.1421.

This is the kind of property that pays you back from day one. 7029 Bellaire is a triplex in the heart of Valley Glen, one of North Hollywood's most wanted neighborhoods. Two units are already rented and bringing in steady income, and the third is open and ready to add even more. If you're an investor looking for a deal that works the moment you close, this one's built for you. Here's how it breaks down. The main house has 3 bedrooms and 2 bathrooms and is rented to a tenant. The Junior ADU is 1 bedroom, 1 bathroom and the separate ADU is 1 bedroom, 1 bathroom, and it's vacant, so the next owner gets to set the rent and boost the return right away. Here's what makes it a smart buy: Income that's already in place. Occupied units mean you're not starting from zero. You step in and the cash flow's already moving. Not to mention, you could move into the brand new ADU and keep the other units rented to offset your investment, to keep your living expenses low. Real room to grow. The open ADU gives you instant upside. Rent it out and lift your monthly numbers from the start. A location that holds its value. You're minutes from the 170, close to parks, shopping, and schools, in a neighborhood people actually want to live in. That's what keeps good tenants and strong returns. The property also has a private pool, central air and heat, and a clean, well-kept feel that helps every unit show well. Full rent roll is available on request. Deals like this don't sit long, so if the numbers make sense to you, let's talk before someone else runs them first.

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Multi-Family Active

Price

$ 1,099,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1421

Year Built

1958

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

SR26157551

Days on Market

5

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Possession Close Of Escrow
Zoning LAR1
HOA Fee 0
Garage Spaces 0
Pool Features Private
Year Built 1958
Tenant Pays All Utilities
View None
Stories Count 1
Levels One
Property Subtype Triplex
Gross Income 66000
Community Features Street Lights Suburban Sidewalks
County Los Angeles
Net Operating Income 85800
Operating Expense 5400
Insurance Expense 3000
New Construction false
Property Type Residential Income
HOA false
Contingency Tenant to be included with sale
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Sherman Way x Bellaire
City Los Angeles
Entry Location 1
Senior Community Y/N false
Number Of Units Total 3
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6190
Number of Units Leased 2
Listing Terms Cash Cash to New Loan Conventional FHA VA Loan
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Current Financing None
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 17
Total Actual Rent 4499
Property Sub Type Additional Triplex
Cap Rate 12.8
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Interior
Interior Amenities All Bedrooms Down
Fireplace Features Living Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features Laundry Closet
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 6190
Number of Buildings 1
Building Area Total 2178
Lot Size Acres 0.1421
Private Pool true
Lot Size Source Estimated
Pool Charge 1200
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Equity Union

Broker

carie@carieheber.com

Email

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$6,939
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Monthly Principal & Interest
$6,939
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$1,099,000 Listed Price

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7029 Bellaire, Los Angeles, CA, 91605 is a Multi-Family Home for sale at $1,099,000 with 2,178 sqft and a lot size of 0.1421. 7029 Bellaire is a studio with 1.0 baths and was built in 1958. The property's zip code is 91605 which is in Los Angeles, CA