$2,160,000
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 originally built in 1935 and three apartment structures constructed in 1955. Public record reflects all units as 2 bedroom, 1 bath units. Property features approximately 5,716 SF of improvements with strong on-site parking, an attractive overall layout, and favorable low maintenance operating characteristics. Tenants are responsible for water, trash, gas, and electricity. Well located in a strong rental pocket of Bell Gardens near major employment centers, transportation corridors, and retail amenities. Current rents reflect existing occupancy and unit configurations. Buyer to independently verify all unit count, bedroom/bath count, square footage, permits, and legal use.
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Listed by Nicholas Petrosian with Remax Commercial and Investment Realty (213) 817-1000
Property Type
Residential Income
Status
Active
MLS Number
26839859
Year Built
1955
Lot Size
0.52 acres