For SaleNeutral Deal6 days on market

11005 Bellagio Pl

11005 Bellagio Pl, Los Angeles, CA 90077, Los Angeles, CA 90077
$88,000,000
Estimate®:$22,129,400

Listing Price

Property image 1
11005 Bellagio Pl, Los Angeles, CA 90077
Loc: Los Angeles, CA
Days Listed
6
Tax Assessed
$8700k
Estimate®
$22129k
Market Rate
Lot Size
1.70 acres
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Warner Avenue Elementary School

K-5
1.6 mi away
7

Emerson Community Charter School

6-8
2.2 mi away
6

University Senior High School Charter

9-12
2.5 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

moderncontemporaryluxuryinfinity poolarchitecturalmulti-levelfloor-to-ceiling windowsterraceminimalistoutdoor lightingtropical landscapingstuccoglassoutdoor loungeindoor-outdoor living

Haven AI Verdict

Recommendation
Neutral
Confidence Score: 4/10
Exercise caution due to potential market volatility.
Cap Rate
6.72%
Total ROI
104.9%
Cash Flow
$36,029/mo
DSCR
1.08
Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $36,029/mo net cash flow with a 6.7% cap rate. Underwriting indicates neutral fundamentals for long-term hold.

Strengths
  • Favorable cap rate profile (6.7%)
  • Strong rental demand in Los Angeles
Considerations
  • Verify historical operating expenses and local tax assessment
  • Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-09-10Listed for sale$88,000,000
2026-08-12Listing removed$88,000,000
2026-07-07Listed for sale$88,000,000
2015-01-21Sold$14,500,000
2014-07-01Sold$8,700,087
2012-05-12Listing removed$14,000
2012-05-02Listed for rent$14,000

Tax History

YearProperty TaxTax Assessment
2015$5,880.64$8,700,000
2014$5,880.64$393,562
2013$5,874.05$391,784
2012$5,770.09$384,103
2011$5,770.09$376,573
2010$5,828.7$373,759
2009$5,641.09$374,648
2008$5,441.43$367,303
2007$5,207.23$360,102
2006$5,207.23$353,043
2005$5,054.04$353,043
2004$5,016.01$339,337
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
8
Baths
11
Sq Ft
0
Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Modeled value-add projection (+18% baseline) for 8b/11ba in Los Angeles
+18% vs. list
$
$83,250
75% Rule
Maximum Allowable Offer (MAO)
$77,796,750

Calculated as (75% × $103,840,000) − $83,250

Asking Price is $10,203,250 (11.6%) Above MAO
To achieve your target margin of 25%, submit an initial counteroffer closer to $77,796,750 based on $83,250 in required updates.
Current Asking Price:$88,000,000
Estimated ARV:$103,840,000
Estimated Renovation:$83,250
All-In Capital Basis (MAO + Rehab):$77,880,000
Projected Equity Margin:+$25,960,000
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Provenance:[Observed] List Price: $88,000,000[Estimated] Rent: $704,000/mo[Estimated] Tax Rate: 0.75% (CA)[Estimated] Hazard Ins: $44,000/mo[Defaulted] Reserves: 23% OpEx Baseline
Haven ScoreNeutral
4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
6.72%

NOI: $5,911,710/yr

Cash-on-Cash Yield
2.1%

On $20,240,000 invested

DSCR Ratio
1.08x

Tight qualification

5-Yr Leveraged ROI
+104.9%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
[Estimated]Property Taxes (0.75% of basis)-$5,438/mo
[Estimated]Homeowner / Hazard Insurance-$44,000/mo
[Defaulted]Vacancy Reserve (5% of rent)-$35,200/mo
[Defaulted]Repairs & Maintenance (10% of rent)-$70,400/mo
[Defaulted]Property Management (8% of rent)-$56,320/mo
Total Pure Operating Expenses-$211,358/mo
Net Investor Cash Flow
Gross Scheduled Rent+$704,000/mo
Less: Operating Expenses-$211,358/mo
Net Operating Income (NOI)+$492,643/mo
Less: Debt Service (30yr @ 6.75%)-$456,613/mo
Net Cash Flow
$36,029/mo
$432,353/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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