JUST REDUCED! ALMOST A 5 CAP IN BEL AIR!!! We are pleased to offer for sale a timeless mid-century gem located in the prestigious Westside enclave of Bel Air. 11747 Bellagio Road presents the unique opportunity to acquire a quintessential value-add property situated in one of the strongest rental locations in Los Angeles. The property boasts an ideal unit mix for the area consisting of all large 1-bedroom units. Each of the units has a terrific floor plan and offers an abundance of natural light. Other property features include a well landscaped facade, a charming sitting area, an on-site laundry room, a pitched roof, and ample on-site parking which is exempt from soft story retrofit (Buyer to verify). Close to some of Los Angeles' best dining, retail, and nightlife, this rare offering presents an astute investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
Multi-familyProperty Type
1953Year Built
6,495 sq ftLot Size
$541Price/Sq.Ft.
8 spacesParking
Listed by Jonathan Taksa•DRE #01366169• Remax Commercial and Investment Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Permits
Beds
8
Baths
8
Stories
—
Lot width
—
Lot depth
—
Lot size
6,495 Sq. Ft.
Year renovated
1955
Sq. Ft.
4,992
Year built
1953
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
4368014015
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 28, 2026.
Jan 19, 2017 • Final
Bldg-alter/repair
Remodel a kitchen in a residential building. No structural changes are included.
Kitchen
Remodel
Jan 18, 2017 • Final
Hvac
Replace the kitchen hood.
HVAC
Kitchen
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage
Assigned, Detached
Parking
# of Parking Spaces (Total): 8
Interior
Equipment
Other
Heating & Cooling
Other Cooling
Wall Heat
Multi-Unit Income
Gross Income: 197868
Gross Operating Income: $199,391
Net Operating Income: $126,218
Multi-Unit Expenses
Total Annual Expense: $67,237
Multi-Unit Other Financial Information
Cap Rate: 4.9
Gross Rent Multiplier: 12.91
Scheduled Actual: Scheduled
Multi-Unit Information
Unit Type Type: 1
Type Of Units: 1s
# of Buildings: 1
Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $2,061
Projected Rent: $20,800
Actual Rent: $16,489
# of Units: 8
Exterior
Building Information
Total Floors: 2
One Level
Property Information
Property Type: Residential Income
Land Information
Other Structures: None
Lot Information
Lot Size (Sq. Ft.): 6,495
Lot Size (Acres): 0.1491
Zoning: LAR3
Financial
Assessment Information
Assessed Total Value: $3,183,624
Assessed Land Value: $2,122,416
Assessed Land %: 66.67
Assessed Improvement Value: $1,061,208
Assessed Improvement %: 33.33
Assessor Parcel Number: 4368-014-015
Location
Community Information
# of Units in Complex (Total): 8
Location Information
Directions: Prestigious Lower Bel Air location
Public facts
Beds: 8
Baths: 8.0
Sq. Ft.: 4,992
Stories: —
Lot Size: 6,495 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1953
Year Renovated: 1955
County: Los Angeles County
APN: 4368014015
Home facts updated by county records on Aug 28, 2026
Other
Documents & Disclosures
Disclosures: As Is
Around this home
Schools
Warner Avenue Elementary School
Public K-5 • Assigned • 2.2mi
8/10
Emerson Community Charter School
Charter 6-8 • Assigned • 2.6mi
7/10
University Senior High School Charter
Charter 9-12 • Assigned • 2.4mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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