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Key Details
Sold Price $630,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23222260
Sold Date 05/20/24
Bedrooms 3
HOA Y/N No
Lot Size 5,822 Sqft
Property Description
Listed for Sale by the City of Bell Housing Authority, the Property is a single-story duplex that is well-maintained and located on a well-maintained residential street just to the North of Gage Avenue. Resting on an approximate 5,822-square-foot lot, the Property is approximately 1,681 square feet. and consists of 2 Separate Buildings. On Flora the front building is a 2 bedroom single family home with a gated front yard. To the rear is the second unit (which appears to have been built in the 1960s) which has a carport and is 1BR/1BA. The Property is sold 'as-is'. Sale Highlights: Long-Term Municipal Ownership 32% Upside in Rental Income Across the Street from Nueva Vista Elementary School Near Bell City Hall and Public Library on Pine
Listed for Sale by the City of Bell Housing Authority, the Property is a single-story duplex that is well-maintained and located on a well-maintained residential street just to the North of Gage Avenue. Resting on an approximate 5,822-square-foot lot, the Property is approximately 1,681 square feet. and consists of 2 Separate Buildings. On Flora the front building is a 2 bedroom single family home with a gated front yard. To the rear is the second unit (which appears to have been built in the 1960s) which has a carport and is 1BR/1BA. The Property is sold 'as-is'. Sale Highlights: Long-Term Municipal Ownership 32% Upside in Rental Income Across the Street from Nueva Vista Elementary School Near Bell City Hall and Public Library on Pine
Location
State CA
County Los Angeles
Area Bell (90201)
Zoning Assessor
Exterior
Exterior Feature Stucco
Parking Features Unit1:Assigned
Building
Lot Description Sidewalks
Story 1
Lot Size Range 4000-7499 SF
Level or Stories 1 Story
Others
Acceptable Financing Cash
Space Rent $950
Listing Terms Cash
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Bought with General NONMEMBER • NONMEMBER MRML
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