bellevue avenue, silver lake, ca€¦ · low inventory location minutes north of downtown los...

Bellevue Avenue, Silver Lake, CA

3518

90026

OFFERING MEMORANDUM

CONFIDENTIALITY AND DISCLAIMER The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters aand makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICE Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

All property showings are by appointment only.

Please consult your Marcus & Millichap agents for more details.

DO NOT ENTER PROPERTY WITHOUT AGENT'S PERMISSION.

Table of Contents1 Property Overview

2 Location Overview

3 Financial Summary

4 Rent Comparables

5 Sales Comparables

LISTED BYAri GoldAssociate Multi-Family InvestmentsCA BRE License #01737768213.943.1870 office310.890.7150 [email protected]

Barry GordonSenior Vice President Multi-Family InvestmentsCA BRE License #00925711213.943.1820 office213.507.1099 [email protected]

Justin FormanSenior Associate Multi-Family InvestmentsCA BRE License #01878121213.943.1862 office714.697.6466 [email protected]

Marcus & Millichap 515 South Flower StreetSuite 500Los Angeles, CA 90071213.943.1800213.943.1810 faxmarcusmillichap.com

3518 Bellevue Avenue

PropertyOverview

One

Marcus & Millichap is proud to present 3518 Bellevue Avenue, located in the vibrantly charming and ultra-desireable Los Angeles neighborhood of Silver Lake, where all that is young and hip is intermingled with decades of family-run businesses and longtime residents.

This value-add property consists of a single L-shaped two-story building on a 7,798 square foot lot with RD2 zoning. Featuring ample parking for one studio/one-bath unit, four one-bedroom/one-bath units, one two-bedroom/one-bath unit, and one three-bedroom/two-bath unit. It is the ultimate unit mix for investors looking to capture the huge upside in rents in this rejuvinating Virgil Village/Silver Lake neighborhood.

Each unit is individually metered for gas and electric. An on-site laundry room adds convenience for the tenants and extra income for the property owner.

Situated just steps from Time Out Magazine's coffee shop winner, Cafecito Organico, walking distance to reknowned eatery, Sqirl, moments from Bellevue Recreation Center and just blocks from a 101 freeway onramp, this will have young professional renters lining up for a chance to live in Silver Lake!

With a 3.81 percent current, and a 6.26 percent pro-forma cap rate, this property is a unique value-add opportunity. It is located in a highly sought-after, low inventory area that will have investors clamoring to get a piece of this market.

Property Summary

LAND INFORMATIONProperty Address 3518 Bellevue Avenue

Los Angeles, CA 90026Parcel Size SF 7,798APN 5401-009-031

BUILDING INFORMATIONNumber of Units SevenYear Built 1960Number of Buildings OneNumber of Stories TwoBuilding SF 4,572Parking Seven Carport/One Surface

UTILITIESWater Master MeteredElectric Individually MeteredGas Individually Metered

CONSTRUCTIONFoundation ConcreteFraming StuccoRoof Pitched ShingleHVAC Wall

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap. All rights reserved. (Activity ID: Y0141061)

Property Overview | 3518 Bellevue Avenue

7

Investment HighlightsThree Vacant Units

Highly Desired andLow Inventory Location

Minutes North of Downtown Los Angeles

Value-Add Opportunity

Not Subject To Soft Story Retrofit

In recent years, Silver Lake has become known as the ground zero for the

young and hip. While this may be true, it’s only part of the story. Silver Lake is

a vibrant and eclectic village with its own identity and personality. It’s a mecca for

young artistic types from all around the world, but families as well as longtime

residents populate its charming hillside enclaves.

- Angeleno Living

Eight Parking Spaces

3518 Bellevue Avenue | Property Overview

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Plat Map


Property Overview | 3518 Bellevue Avenue

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Potential Value-Add Opportunities For New

Investors UNIT INTERIORS

• Hardwood Flooring• Recessed Lighting• Quartz Countertops• Stainless Steel Appliances• Two Tone Paint Schemes• Tiled Backsplash• Keyless Entry• USB Outlets• Ductless Mini-Split A/C Systems

COMMON AREAS

• Automatic Gated Access• Modern Outdoor Furniture• Barbeques• Bicycle Parking• Pet Area• Drought Tolerant Landscaping

3518 Bellevue Avenue | Property Overview

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Location Overview

TwoSilver Lake Stairs

Silver Lake Reservoir

Impeccably situated between Hollywood and Downtown Los Angeles, the ever trendy community of Silver Lake is a highly coveted neighborhood attracting young professionals and creatives alike. Silver Lake is famously home to some of the nation’s most lauded food trucks, award winning restaurants, famous architectural landmarks, and a thriving music scene.

With the perfect mix of New York street chic, a thriving artistic community, and a hip urban vibe, Silver Lake continues to draw new businesses and residents in droves.

Along the hustle and bustle of Sunset Boulevard you will find good music, great shopping, and exquisite dining making this a beacon for all who are hip and cool in Los Angeles. Yet in the surrounding hilltops you will find quiet nature in the area's residential enclaves. The best of both worlds!

With its proximity to major employers and film studios, coupled with rising single family home prices, Silver Lake will continue to entice high income renters to the area while they pursue their Hollywood dreams.

SILVER LAKE, CA

Sunset Junction

The Black Cat Restaurant & Bar

Contrary to the unfair misconception of Los

Angeles, the city is not all about frivolous wealth and bling. You can’t talk about

L.A. without recognizing its exuberant creative force,

boundless energy and ability to constantly position itself on

the forefront of new trends. And, in Silver Lake, you will

have a taste of them all.. - Forbes

1414

Silver Lake Reservoir

Satellite Music Venue

Cafecito Organico

Silver Lake Farmers Market

Cliff's Edge Restaurant

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DTLA 3.9 MILES

PASADENA12.1 MILES

GLENDALE 7.0 MILES

BEVERLY HILLS

8.0 MILES

EAGLE ROCK

6.6 MILES


Regional AreaMAP

HOLLY-WOOD

3.6 MILES

BURBANK9.2 MILES

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Local EmploymentMAP 3518 Bellevue Avenue

MAJOR EMPLOYERS # EMPCITY OF LOS ANGELES 5,000LA DWP 5,006MERCURY INSURANCE 4,000AIDS HEALTHCARE FOUND. 1,967PARAMOUNT PICTURES 3,500ABM JANITORIAL 1,500GOOD SAMARITAN HOSPITAL 1,500CHILDRENS HOSPITAL LA 891ATT 800SUCCESS HEALTHCARE 630ANSCHUTZ ENT. GROUP 5,005WARNER BROTHERS 5,000ABC/DISNEY 6,000UNIVERSAL 2,000

Prospect Studios

Quixote Studios

Location Overview | 3518 Bellevue Avenue


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L O C A LDEVELOPMENT

Silver Lake & LondonProposed 48-unit four-story apartment complex including six low-income units. Developer: 237 Windward LLC

Silver Lake & BellevueProposed 135-unit four- and five-story complex with 12,000 sguare feet of ground floor commercial space.Developer: CIM

Dillon617Under construction are 49 apartment units consisting of 72,000 square feet of space in two buildings with a paseo style street to street walkway.

3400 Sunset BoulveardUnder construction are 35 luxury condo units above 2,000 square feet of ground floor commercial space. Developer: Barry Leddy Development

4121 Sunset BoulevardComing in 2018, 14,634 square feet of retail and restaurant space.Developer: CIM

4000 Sunset BoulevardProposed 81-unit apartment complex with ground floor restaurant and retail space. (May change to hotel use.)Developer: Frost/Chaddock

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4100 Sunset BoulevardProposed 91-unit, five-story, apartment complex with ground floor restaurant and retail space. Developer: Frost/Chaddock

654 VirgilProposed 24 loft and townhome style units, five-story apartment complex with ground floor retail space.Developer: 4Site

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Silver Lake & LondonProposed 48-unit four-story apartment complex including six low-income units. Developer: 237 Windward LLC

Silver Lake & BellevueProposed 135-unit four- and five-story complex with 12,000 square feet of ground floor commercial space.Developer: CIM

Dillon617Under construction are 49 apartment units consisting of 72,000 square feet of space in two buildings with a paseo style street to street walkway.

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DEVELOPMENT

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4121 Sunset BoulevardComing in 2018, 14,634 square feet of retail and restaurant space.Developer: CIM

4000 Sunset BoulevardProposed 81-unit apartment complex with ground floor restaurant and retail space. (May change to hotel use.)Developer: Frost/Chaddock

4100 Sunset BoulevardProposed 91-unit, five-story, apartment complex with ground floor restaurant and retail space. Developer: Frost/Chaddock

654 VirgilUnder construction, 24 loft and townhome style units, five-story apartment complex with ground floor retail space.Developer: 4Site

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3518 BellevueAvenue

INCOME AND EMPLOYMENT

In 2016, the median household income in Silver Lake was $37,961, compare this to the US average which is currently $54,505. The median household income for your area has increased 43.18% since 2000. It is estimated that the median household income in your area will be $43,312 five years from now, which represents an increase of 14.10% from the current year. The current year per capita income in the area is $21,041, compare this to the US average, which is $29,962. The current year average household income in the area is $55,332, compare this to the US average which is $78,425.

In 2016, there were 19,554 employees in the Silver Lake area, this is also known as the daytime population. The 2000 Census revealed that 50.72% of employees are employed in white-collar occupations in this geography, and 49.22% are employed in blue-collar occupations. In 2016, unemployment in the area was 10.31%. In 2000, the average time traveled to work was 34.00 minutes.

POPULATION AND HOUSING

In 2016, the population in Silver Lake was 82,476. The population has decreased by -4.32% since 2000. It is estimated that the population in your area will be 82,691.00 five years from now, which represents an increase of 0.26% from the current year. The current population is 51.08% male and 48.92% female. The median age of the population in your area is 34.83, compare this to the US average which is 37.68. The population density in your area is 26,248.89 people per square mile.

The median housing value in the area was $514,704 in 2016, compare this to the US average of $187,181. In 2000, there were 4,082 owner occupied housing units in your area and there were 25,602 renter occupied housing units in your area. The median rent at the time was $553.

Demographics

45.54%

MEDIAN HOUSEHOLD INCOME:

INCREASESINCE 2000

INCREASE IN THENEXT FIVE YEARS

14.10%

Location Overview | 3518 Bellevue Avenue


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Financial Summary

Three

Rent Roll

UNIT UNIT TYPE UNIT SIZE (SF)* NOTES CURRENT RENT CURRENTRENT/SF MARKET RENT

1 3 + 2 1200 $2,060 $1.72 $3,6002 1 + 1 500 Vacant $2,100 $3.80 $2,1003 1 + 1 500 $929 $1.86 $2,1004 0 + 1 400 $586 $1.47 $1,6505 2 + 1 900 Vacant $3,100 $3.00 $3,1006 1 + 1 500 $786 $1.57 $2,1007 1 + 1 500 Vacant $2,100 $3.80 $2,100

NO. OF UNITS UNIT TYPE UNIT SIZE (SF)* AVG. RENT CURRENT

MONTHLY INCOME MARKET RENT MONTLY INCOME

1 0 + 1 400 $586 $586 $1,650 $1,650

4 1 + 1 500 $1,479 $5,915 $2,100 $8,4001 2 + 1 900 $3,100 $3,100 $3,100 $3,1001 3 + 2 1200 $2,060 $2,060 $3,600 $3,6007 $11,661 $16,750

*Unit square footage is estimated, buyer to perform due diligence.

3518 Bellevue Avenue | Financial Summary

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Financial AnalysisFINANCIAL INDICATORSPrice: $2,300,000 Down: $930,000 (40%) $/Unit: $328,571$/SF: $503.06$/Lot SF: $294.95Current CAP: 3.81%Current GRM: 16.44Market CAP: 6.26%Market GRM: 11.44

PROPERTY INFORMATIONOwnership: Fee SimpleNo. of Units: 7Yr. Built/Renovated: 1960Building SF: 4,572Lot SF: 7,798

PROPOSED FINANCING*Loan Amount: $1,370,000Interest Rate/Fixed: 4.0%Term 5 Year

OPERATING INCOME CURRENT MARKET

Gross Potential Rental Income $139,932 $201,000

Laundry Income (est) $1,200 (est) $1,200

Gross Potential Income $141,132 $202,200

Less: Vacancy 3.00% ($4,234) 3.00% ($6,066)

Effective Gross Income $136,898 $196,134

Less: Expenses ($49,172) ($52,134)

Net Operating Income $87,726 $144,000

Less: Debt Service 1.12 ($78,487) 1.83 ($78,487)

Pre-Tax Cash Flow 0.99% $9,239 7.04% $65,513

Principal Reduction $24,126 $24,126

Total Return on Investment 3.59% $33,365 9.64% $89,639

OPERATING EXPENSES (ESTIMATED) CURRENT MARKET

Real Estate Taxes (New) 1.19% $27,370 $27,370

Direct Assessments $957 $957

Insurance $0.35/SF $1,600 $1,600

Utilities $75/u/month $6,300 $6,300

Trash (Tenants Pay) $0 $0

Repairs & Maintenance $500/unit $3,500 $3,500

Landscape $100/month $1,200 $1,200

Professional Management 5% of EGI $6,845 $9,807

Misc. & Reserves $200/unit $1,400 $1,400

Total Expenses $49,172 $52,134

Expenses/Unit $7,025 $7,448

Expenses/SF $10.76 $11.40

% of EGI 35.92% 26.58%

*Loan information is subject to change. Contact your Marcus & Millichap Capital Corporation representative.

Financial Summary | 3518 Bellevue Avenue


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Rent Comparables

Four

3518 BellevueAvenue

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STUDIOS

1 3630 Marathon Street2 3209 Descanso Drive3 859 North Sanborn Avenue4 3408 West Sunset Boulevard

ONE BEDROOMS

5 4234 Lockwood Avenue6 969 Edgecliffe Drive7 3622 Ellsworth Street

TWO BEDROOMS

8 951 1/2 Hyperion Avenue9 2703 Bellevue Avenue10 3446 Descanso Drive11 865 North Hoover Street

THREE BEDROOMS

12 1175 North New Hampshire Avenue13 4018 Monroe Street14 625 Parkman Avenue

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6

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1011

12

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Rental ComparablesMAP

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Rent Comparables

AVERAGE RENTS - TWO BEDROOM

AVERAGE RENTS - STUDIO AVERAGE RENTS - ONE BEDROOM

AVERAGE RENTS - THREE BEDROOM

NOTE: GRAPHS INCLUDE UNRENOVATED COMPARABLES

Rent Comparables | 3518 Bellevue Avenue

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Subject 3518 BELLEVUE AVENUELOS ANGELES, CA 90026

Year Built: 1960No. of Units: 7

Unit Type Unit SF* Avg. Rent Rent/SF0 + 1 400 $586 $1.471 + 1 500 $1,479 $2.96 2 + 1 900 $3,100 $3.44 3 + 2 1200 $2,060 $1.72

Rent Comparables

1 3630 MARATHON STREETLOS ANGELES, CA 90026


Unit Type Unit SF Avg. Rent Rent/SF0 + 1 500 $1,500 $3.00

Note: NOT RENOVATED -Building exterior is outdated. Interior of units are dated (1990s-2000s) builders grade renovations. Pale laminate flooring.

NON-RENT CONTROL / ON-SITE LAUNDRY / DISHWASHER / A/C / 1 PARKING SPACE / PETS OK / POOL

*Square footage is estimated, buyer to perform due diligence.

2 3209 DESCANSO DRIVELOS ANGELES, CA 90026



Note: Renovated with laminate flooring, new paint. White shaker kitchen cabinets with gray quartz countertops, stainless steel appliances including built-in microwave. Modern bathroom with trough sink and white subway tile surround.

ON-SITE LAUNDRY / NO A/C / DOGS OK / STREET PARKING

3518 Bellevue Avenue | Rent Comparables

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Rent Comparables

5 4234 LOCKWOOD AVENUELOS ANGELES, CA 90029



4 3408 WEST SUNSET BOULEVARDLOS ANGELES, CA 90026



Note: NOT RENOVATED Basic unit, laminate flooring, new paint, exposed brick walls. Small builder's grade bathroom. Builder's grade kitchen with white cabinets, granite countertops, white appliances.

ON-SITE LAUNDRY / NO A/C / PETS OK / STREET PARKING

Note: Fully renovated. HGTV style including farmhouse sink, white cabinets and quartz countertops. Stainless steel appliances. Hardwood floors.

IN-UNIT LAUNDRY / DISHWASHER / A/C / ONE GATED PARKING / PETS OK

3 859 NORTH SANBORN AVENUELOS ANGELES, CA 90029

Year Built: 19No. of Units:


Note: NOT RENOVATED 1990s kitchen cabinets with black granite countertops and black applainces.

ON-SITE LAUNDRY / STREET PARKING / PETS OK



35

Rent Comparables

6 969 EDGECLIFFE DRIVELOS ANGELES, CA 90026



Note: Fully renovated with ash colored hand scraped engineered flooring, recessed lighting, modern ceiling fans. New kitchen with white shaker cabinets, quartz counter tops and stainless steel appliances. New bathroom with large marble tile surround and shaker cabinet vanity.

IN-UNIT STACKABLE LAUNDRY / CENTRAL HEAT AND A/C / ONE PARKING SPACE / DISHWASHER

8 951 1/2 HYPERION AVENUELOS ANGELES, CA 90026


Unit Type Unit SF Avg. Rent Rent/SF2 + 1 1/2 1,000 $2,950 $2.95

Note: Mid grade renovations (new but out of style). Medium tone oak hardwood floors and new paint. Medium tone wood shaker cabinets and granite counter tops and stainless steel appliances.

DISHWASHER / MINI-SPLIT A/C / ONE PARKING SPACE / PETS OK

7 3622 ELLSWORTH STREETLOS ANGELES, CA 90026



Note: Fully renovated with engineered flooring, and recessed lighting. New kitchen with white shaker cabinets, kitchen island, caesar stone quartz counter tops and stainless steel appliances. New bathroom with trough sink and modern glass surround.

IN-UNIT LAUNDRY / CENTRAL HEAT AND A/C / ONE PARKING SPACE / DISHWASHER / BUILT-IN MICROWAVE / VIEWS OF DOWNTOWN LOS ANGELES


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Rent Comparables



Unit Type Unit SF Avg. Rent Rent/SF2 + 2 1,428 $3,800 $2.66

9 2703 BELLEVUE AVENUELOS ANGELES, CA 90026



Note: Fully renovated with mid tone hard wood flooring, white European style enamel kitchen cabinets, white quartz countertops and stainless steel appliances. Renovated bathroom with white subway surround and vessel sink.

NON-RENT CONTROL / DISHWASHER / IN-UNIT LAUNDRY / MINI SPLIT A/C / TWO PARKING SPACES / PETS OK

Note: Mid grade renovations. Hardwood floors, half way between builders grade and HGTV renovations. White paint, white shaker cabinets, stainless steel appliances, tile counter tops.

TWO-CAR GARAGE / IN-UNIT LAUNDRY / A/C / DISHWASHER / PETS OK

11 865 NORTH HOOVER STREETLOS ANGELES, CA 90029



Note: Fully renovated HGTV style kitchen with white tile backsplash, quartz counter tops, farmhouse sink. Hardwood floors throughout.

IN-UNIT LAUNDRY / A/C / DISHWASHER / ONE PARKING SPACE / PETS OK



37

12 1175 NORTH NEW HAMPSHIRE AVENUELOS ANGELES, CA 90029



Note: Fully renovated with dark wide plank hardwood floors, European style kitchen cabinets with white quartz countertops and stainless steel appliances.

IN-UNIT LAUNDRY / DISHWASHER / TWO PARKING SPACES / MINI SPLIT A/C / PETS OK

Rent Comparables

14 625 PARKMAN AVENUELOS ANGELES, CA 90026



13 4018 MONROE STREETLOS ANGELES, CA 90026



Note: Fully renovated with laminate flooring, new European style enamel kitchen cabinets with white quartz countertops and stainless steel appliances.Newly painted in neutral colors. White subway tile tub surround and modern sink in bathroom.

IN-UNIT LAUNDRY / DISHWASHER / TWO PARKING SPACES / MINI SPLIT A/C IN BEDROOMS

Note: NOT RENOVATED Craftsman style rear unit. Original hardwood floors. 1950s style kitchen with white appliances and 1950s wall oven.

IN-UNIT LAUNDRY / DISHWASHER / ONE GARAGE PARKING / WALL UNIT A/C


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3518 BellevueAvenue

Sales Comparables

Five

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3518 Bellevue Avenue1 906 Hyperion Avenue2 3366 Descanso Drive3 941 Vendome Street4 901 Parkman Avenue

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Sales ComparablesMAP

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Sales Comparables

AVERAGE PRICE PER SF

AVERAGE PRICE PER UNIT

AVERAGE GRM

AVERAGE CAP RATE

Sales Comparables | 3518 Bellevue Avenue


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No. of Units: 7Year Built: 1962Sale Price: $2,140,000$/Unit: $305,714$/SF: $510.50Cap Rate: 4.56%GRM: 13.86Close of Escrow: 10/4/2017Building Size: 4,192 SFLot Size/SF: 5,515 SF

No. Unit Unit Type6 1 + 11 2 + 1

Subject 3518 BELLEVUE AVENUELOS ANGELES, CA 90026

No. of Units: 7Year Built: 1960Offering Price: $2,300,000$/Unit: $328,571$/SF: $503.06Cap Rate: 3.81%GRM: 16.44Close of Escrow: N/ABuilding Size: 4,572 SFLot Size/SF: 7,798 SF

No. Unit Unit Type1 0 + 14 1 + 1 1 2 + 11 3 + 2

1 906 HYPERION AVENUELOS ANGELES, CA 90026



Sales Comparables

Note: This property is subject to the soft story earthquake retrofit. Six of the units were delivered vacant.

Note: This property is subject to the soft story earthquake retrofit and was 100 percent occupied at close of escrow. Rents are well below market.

3518 Bellevue Avenue | Sales Comparables

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Sales Comparables

4 901 PARKMAN AVENUE LOS ANGELES, CA 90026

No. of Units: 6Year Built: 1949Sale Price: $1,940,000$/Unit: $323,333$/SF: $399.84Cap Rate: 2.65%GRM: 19.88Close of Escrow: 10/31/2017Building Size: 4,852 SFLot Size/SF: 5,824SF


3 941 VENDOME STREETLOS ANGELES, CA 90026



Note: This property was 100 percent occupied at the close of escrow. Building offers four garage parking spaces.

Note: This was an off market sale. Cap rate and GRM based off of $8,133 gross mothly rents reported by the seller.

Four


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Sales Comparables | 3518 Bellevue Avenue

3518 BellevueAvenue

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Ari GoldAssociate Multi-Family InvestmentsCA BRE License #01737768213.943.1870 office310.890.7150 [email protected]

Barry GordonSenior Vice President Multi-Family InvestmentsCA BRE License #00925711213.943.1820 office213.507.1099 [email protected]

Justin FormanSenior Associate Multi-Family InvestmentsCA BRE License #01878121213.943.1862 office714.697.6466 [email protected]

BELLEVUE AVENUE

3518

Silver Lake, California

All property showings are by appointment only.

Please consult your Marcus & Millichap agents for more details.

DO NOT ENTER PROPERTY WITHOUT AGENT'S PERMISSION.

bellevue avenue, silver lake, ca€¦ · low inventory location minutes north of downtown los...

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