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$1,175,000
Est. payment /mo
2 Beds
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SR25273453
Bedrooms 2
Lot Size 5,000 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
DUPLEX IN BELL GARDENS WITH CONVERTED GARAGE (buyer to verify permits). Could be 3 units with option to expand and build 4+ units! Two-two bedroom units with full bathroom and both have washer/dryer hookup! The garage has 1 bedroom and 2 bathrooms, along with a living room and kitchen. There are still 2 more garage spots available! There is also plenty of parking next to it. VERY RARE R2 ZONING on 3 UNITS. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents if you rent out the 3rd unit is 4.5%! Owner may be willing to help raise rent. And that's WITHOUT raising rents or evicting tenants! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now!
Location
State CA
County Los Angeles
Zoning Public Rec
Direction Drive
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Cash, Conventional, Exchange, FHA, VA
Listing Terms Cash, Conventional, Exchange, FHA, VA
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Listed by Julian Park Park Regency Realty
“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
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