Description
We are pleased to exclusively offer for sale this 7 unit "cash-cow" property located in the city of bell. priced at a current 6.54% cap rate, this property is optimally configured with a variety of living spaces, including one 2-bedroom/1-bathroom unit, four 1-bedroom/1-bathroom units, and two studio apartments, collectively comprising 4,266 rental square feet set on a 7,571 square foot lot.
designed for ease of management, each unit is separately metered for electricity and gas, allowing for straightforward utility handling. the majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention.
financially, this property stands out with a current 6.54% cap rate and a 10.5 gross rent multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. this multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.
Property Type
Residential IncomeCounty
Los AngelesStyle
Residential IncomeAD ID
49009342
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Property Details
-
Interior Features
Water/Sewer
- Water Source : Public
- Sewer : Public Sewer
Interior Features
- Roof : Shingle
- Fireplace: None
Cooling Features
- Wall/Window Unit(s)
- Air Conditioning
Fireplace
- Fireplace Features: None
- Has Fireplace: 0
-
Exterior Features
Building Information
- Year Built: 1955
- Building Area Total: 4,266
- Roof: Shingle
Pool Features
- None
Laundry Features
- Common Area
Fencing
- Brick
-
Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.1738
- Lot Size Source: Assessor
- Lot Size Square Feet: 7571
-
Listing Information
Listing Price Information
- Original List Price: 1,750,000
- Listing Contract Date: 2025-03-18
Lease Information
- Listing Agreement: Exclusive Right To Sell
-
Taxes / Assessments
Tax Information
- Parcel Number: 6318020017
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
- Garage Description: Garage
Homeowners Association
Rental Info
- Lease Term: Negotiable
- Tenant Pays: Electricity,Gas
-
School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
- Directions: North of Gage Ave, East of Maywood Ave
- Zoning: BLR3YY
- Source Property Type: Residential Income
- Area: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
- Property SubType: Apartment
Building and Construction
- Property Age: 70
- Common Walls: 2+ Common Walls
- Structure Type: Apartment
- Year Built Source: Assessor
- Entry Level: 1
- Entry Location: Ground
- Property Attached: Yes
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 04/01/2025 @ 15:05
- MLS: CV25059650
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 4,266 sqft, 7,571 sized lot, and 7 parking. A comparable Home, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Bell , in zip code 90201, this Los Angeles County Home are nearby neighborhoods.