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$1,950,000
Est. payment /mo
5,716 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,716 sqft
Price per Sqft $341
MLS Listing ID CL26839859
HOA Y/N No
Year Built 1955
Lot Size 0.517 Acres
Acres 0.5169
Property Sub-Type Other
Property Description
NEW PRICE! NOW OFFERED AT $1,950,000 | 7.65% CAP RATE | 8.74 GRM ON CURRENT INCOME. Excellent opportunity to acquire a 7-unit multifamily property in Bell Gardens situated on a large 22,516 SF lot. The property consists of four separate buildings including a detached single-family residence and three apartment structures. The property features approximately 5,716 SF of building space, strong on-site parking, an attractive layout, and favorable low-maintenance operating characteristics. Tenants are responsible for water, trash, gas, and electricity. Well located in a strong rental pocket near major employment centers, transportation corridors, and retail amenities.
Location
State CA
County Los Angeles
Zoning BGR3PD*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Building
New Construction No
Others
Tax ID 6227017020
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Listed by Nicholas Petrosian • Remax Commercial and Investment Realty
NEARBY SCHOOL & BUSINESS
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122