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$1,325,000
Est. payment /mo
8 Beds
4 Baths
0.3 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID CV26155723
Bedrooms 8
Lot Size 0.303 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Just Listed! Exceptional opportunity to acquire a 6-unit multi-family investment in the city of Bell Gardens, offered at $1,325,000...only $220,000 per unit! Delivering a strong 6.1% current CAP Rate and 11.46 GRM, this well-performing asset provides excellent day-one cash flow with substantial long-term upside. The property features all 2-Bedroom/1-Bathroom units, a highly desirable unit mix that attracts strong tenant demand. The improvements consist of a front duplex with two single-story units, and two rear duplex buildings constructed in 1975, totaling 5,380 rentable square feet on a 13,216 sq. ft. lot. With 37% upside in rental income, investors have a clear opportunity to significantly increase cash flow over time. Residents enjoy abundant onsite carport and open-space parking, individual washer and dryer hookups, and the benefit of a newly installed driveway and parking surface, enhancing both curb appeal and functionality. Conveniently located near shopping, entertainment, public transportation, and schools, the property is positioned in a well-established rental corridor with consistent tenant demand. Combining strong in-place financials, an attractive price per unit, desirable all 2-bedroom floor plans, and meaningful rental upside, this Bell Gardens offering presents an outstanding opportunity for investors seeking immediate income with significant value-add potential.
Location
State CA
County Los Angeles
Zoning Assessor
Direction South of Florence Ave. West of Garfield.
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6228003035
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Listed by Kristopher German, DRE#01800021 RE/MAX 2000 REALTY
NEARBY SCHOOL & BUSINESS
“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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