7947 Garfield Avenue

Bell Gardens, CA 90201

  • 0 Bed(s)
  • 0 Bath(s)
  • 21,793 Sqft
  • 29303
    Sqft(Lot)
$7,690,000

Description

Rare opportunity to acquire a well-maintained, 16-unit property in bell gardens featuring attractive 100% three-bedroom, two-and-a-half bathroom townhomes with an average unit size of ±1,362 square feet, offering a total of 48 bedrooms and 48 bathrooms, complemented by private two-car garages per unit and private patios, boasting spacious layouts designed for family comfort; this property, built in 1989, spans 21,793 square feet and sits on a generous lot of 29,303 square feet, with a current cap rate of 5.01% and a market cap rate of 6.75%, priced at $7,690,000, showcasing well-maintained exteriors with professional landscaping, ample parking including 16 guest spaces and 32 garage spaces, central hvac units in each unit for year-round comfort, laundry hookups available in all garages, and convenient access to local shopping centers, parks, schools, and major highways, making it an ideal investment opportunity in a community-friendly neighborhood.

  • Property Type

    Residential Income
  • Subdivision

    Fallbrook
  • County

    Los Angeles
  • Style

    Residential Income
  • AD ID

    45892290

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Interior Features: All Bedrooms Up

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Forced Air
    • Has Heating
  • Building Information

    • Year Built: 1989
    • Building Area Total: 21,793

    Pool Features

    • None

    Laundry Features

    • In Garage
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.6727
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 29303
  • Listing Price Information

    • Original List Price: 7,690,000
    • Listing Contract Date: 2024-05-17

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 6230013021
  • Garage and Parking

    • Garage Description: Garage,One Space

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    • Directions: 710 Fwy exit Garfield Avenue to address
    • Zoning: BGCM*
    • 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: 35
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Public Records
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 12/17/2024 @ 23:36

  • MLS: RS24095871
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 21,793 sqft, 29,303 sized lot, and 16 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 Gardens , in zip code 90201, this Los Angeles County Home , it is in the FALLBROOK Subdivision, are nearby neighborhoods.