Bell Gardens, CA 90201,5715 Priory Street
Bell Gardens, CA 90201,5715 Priory Street
Bell Gardens, CA 90201,5715 Priory Street
$1,039,000
Est. payment /mo
$1,120,000
7.2%
Est.Price: ?

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5 Beds
4 Baths
0.28 Acres Lot
SOLD DATE : 04/24/2023

Key Details

Sold Price $1,039,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW23022526

Sold Date 04/24/23

Bedrooms 5

HOA Y/N No

Lot Size 0.276 Acres

Property Description

5715 Priory St is an excellent 5-Unit investment opportunity in the city of Bell Gardens situated on an oversized 12,000+ sqft lot and comprised of three single-story buildings in a garden-like setting. The property has wonderful curb appeal with newly painted exteriors, private porches and open green areas between each building. The front unit features a large fenced-in yard, providing valuable additional space and a potential opportunity for further development. In addition, there is gated parking for 7 vehicles as well as a currently underutilized stand-alone garage structure with three single-car garages providing even more income potential. This property benefits from an extremely low vacancy rate, stable rents and an attractive central location with a consistently high demand for rentals. Each unit is individually metered for electricity and gas, keeping ongoing expenses low. Dont miss this amazing value-add opportunity to take an already successful investment and maximize it to its full potential.
5715 Priory St is an excellent 5-Unit investment opportunity in the city of Bell Gardens situated on an oversized 12,000+ sqft lot and comprised of three single-story buildings in a garden-like setting. The property has wonderful curb appeal with newly painted exteriors, private porches and open green areas between each building. The front unit features a large fenced-in yard, providing valuable additional space and a potential opportunity for further development. In addition, there is gated parking for 7 vehicles as well as a currently underutilized stand-alone garage structure with three single-car garages providing even more income potential. This property benefits from an extremely low vacancy rate, stable rents and an attractive central location with a consistently high demand for rentals. Each unit is individually metered for electricity and gas, keeping ongoing expenses low. Dont miss this amazing value-add opportunity to take an already successful investment and maximize it to its full potential.

Location

State CA

County Los Angeles

Area Bell (90201)

Zoning Assessor

Exterior

Parking Features Unit1:Assigned

Building

Lot Description Curbs, Sidewalks

Level or Stories 1 Story

Others

Acceptable Financing Cash

Space Rent $1,300

Listing Terms Cash

Financing Conventional

Special Listing Condition Probate Sbjct to Overbid

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San Diego Regional MLS (SDMLS)
Listed by Casey McKinley • Compass
Bought with Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.
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170 Laurel St, Diego, CA, 92101, United States

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