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Key Details
Sold Price $1,050,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,391 sqft
Price per Sqft $439
MLS Listing ID CV21071301
Sold Date 06/25/21
HOA Y/N No
Year Built 1946
Lot Size 0.260 Acres
Acres 0.26
Property Description
We are pleased to exclusively offer for sale this 5 unit multi-family property located in the city of Bell Gardens. The subject property consists of all single-story construction situated on a 11,299 sqft lot. All units are permitted and legal (Seller has permits for 5th unit.) The unit mix is comprised of 1(2Bed/1Bath), 3(1Bed/1Bath)s, and 1 Studio apartment. All units are separately metered for electricity and gas, and the tenants pay for their own trash expense as well. Tenants are current on rent collections. Tenants enjoy onsite open parking, as well as a private storage shed per unit. The current rental rates are well below market offering a new investor 20+% upside in rental income through capital improvements.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGR3*
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Assigned
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Parking Type Assigned
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story One
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6329009025
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
Special Listing Condition Standard
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Bought with Jaime Sutachan • South Bay Executive Realty, Inc.
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