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$1,750,000
Est. payment /mo
9 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID AR25169437
Bedrooms 9
Property Sub-Type Res Income 2-4 Units
Property Description
Prime investment opportunity in the heart of Bell Gardens! This income-generating property sits on a large \~25,000 sq ft lot and features five freshly repainted buildings (as of July). With tenants covering their own utilities and the owner responsible only for trash, operating expenses remain low. The site offers plenty of on-site parking and is located near major retailers like Walmart, Sprouts, Target, and Parkwest Bicycle Casino. Adjacent to a newly built 7-unit condo development, the property also presents strong redevelopment potential. Estimated cap rate of 4.55% makes this a compelling addition to any investors portfolio.
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Clara St x Eastern Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 6227016024
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Listed by Karen Gee Pinnacle Real Estate Group