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To list your property with Belmont Brokerage, contact us at (818) 967-6311 or email brokerage@bbandm.com. Our team will provide a complimentary AI-powered Comparative Market Analysis (CMA), professional staging recommendations, and a customized marketing strategy. We list on the MLS and through our exclusive off-market network for maximum exposure.

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Yes. Belmont Brokerage handles commercial real estate transactions including office spaces, retail locations, multi-family investments, and mixed-use developments throughout Los Angeles County. Our commercial division provides investment analysis, lease negotiations, and 1031 exchange guidance.

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Belmont Brokerage combines California MLS data with internal valuation and offer-strategy workflows, plus compliance-aware document tooling. Agents get data-driven pricing context grounded in active listings and recent market activity.

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Yes. Belmont Brokerage Inc. operates under California Department of Real Estate (DRE) license #02431308. Listings shown from the MLS follow participating board rules, including attribution and IDX display requirements.

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1438 E 20th Street — Los Angeles | Belmont Brokerage | Belmont Brokerage

Active

+49 more

$990,000

3 DOM

— bd— ba— sqft

Call

1438 E 20th St Los Angeles, CA 90011

6,479sqft lot

Opportunity like this doesn’t come around often. This 3-unit property in Los Angeles offers a rare combination of immediate usability and long-term upside. The property features a front 4 bedroom, 2 bath unit that is currently tenant occupied, providing stable income, along with two rear units that are vacant and move-in ready. The rear units include a 2 bedroom, 1 bath and a 1 bedroom, 1 bath, both updated with modern finishes including upgraded kitchens, remodeled bathrooms, new flooring, and fresh interior paint. For an owner-user, this is a chance to live in one unit while generating income from the others. For an investor, the vacant units allow for immediate rental placement at current market rates, creating strong income potential from day one. Situated on a 6,483 sq ft LARD2 lot, the property also offers future development potential (buyer to verify), adding another layer of long term value. The layout provides separate entrances and functional spacing between units, enhancing privacy and usability. Centrally located near schools, shopping, major freeways, and public transportation, this is a versatile asset in a high-demand rental market. Whether you're looking to house hack, expand your portfolio, or position yourself for future growth, this property checks multiple boxes.

MLS DW26077045

855-450-0442 (Office) 323-239-8012 (Cell) jperez.nuevare@gmail.com

Est. payment

$6,326/mo

Principal & interestTaxesInsurance

$5,006$1,031$289

Down %

Rate %

Years

Down payment: $198,000 · Total cost: $2,000,152

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$6,326/mo

Principal & interest: $5,006
Est. property tax: $1,031
Est. insurance: $289
Down payment: $198,000

Est. gross rent$4,125/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,201/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.