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Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22000443
Sold Date 02/01/22
Bedrooms 8
HOA Y/N No
Lot Size 10,382 Sqft
Property Description
Great investment opportunity in the City of Bell Gardens. Situated on a large 10,382 square foot lot, consisting of four 2 bedroom, 1 bathroom units. Buyer can explore options of potentially adding units, only approx. 2,400 Sq.Ft. is developed on this huge 10,000+ Sq.Ft. lot which can provide an additional source of income, and a stronger return on investment. All units are in need of upgrading . Each unit have individual Electric & Gas meters. All units have in-wall heaters. Common laundry room is currently inoperative and used as storage. Ample parking and carports are located behind the units, large enough to fit 10+ cars. Long term tenants are paying below market rent. All units are occupied and tenants are current on the rent and they are on month to month basis. please DO NOT disturb tenants. drive by only. Property is conveniently located near schools, parks, public transit, freeways and shopping centers. Truly a great investment in a great location.
Great investment opportunity in the City of Bell Gardens. Situated on a large 10,382 square foot lot, consisting of four 2 bedroom, 1 bathroom units. Buyer can explore options of potentially adding units, only approx. 2,400 Sq.Ft. is developed on this huge 10,000+ Sq.Ft. lot which can provide an additional source of income, and a stronger return on investment. All units are in need of upgrading . Each unit have individual Electric & Gas meters. All units have in-wall heaters. Common laundry room is currently inoperative and used as storage. Ample parking and carports are located behind the units, large enough to fit 10+ cars. Long term tenants are paying below market rent. All units are occupied and tenants are current on the rent and they are on month to month basis. please DO NOT disturb tenants. drive by only. Property is conveniently located near schools, parks, public transit, freeways and shopping centers. Truly a great investment in a great location.
Location
State CA
County Los Angeles
Area Bell (90201)
Zoning Estimated
Interior
Cooling Wall/Window
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Building
Story 2
Lot Size Range 7500-10889 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Space Rent $1,200
Listing Terms Cash
Financing Cash
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