Buy this for the bread and butter, monetize the upside for the beef. Check out the rents compared to market rents; it looks like 50% upside may be a good estimate. Lots of open space for ADU's on this 1/2 Acre lot. Per SB 1211, build up to 8 ADU's, subject to State laws, local ordinances, and City of Bell entitlement and permitting requirements. Be sure to vet and validate potential for rent increase and development for your client.
Listed by Carlos A.G. Gonzalez with DealTrade Inc. (888) 999-8089
Quick Facts
Property Type
Residential Income
Status
Active
MLS Number
26651133
Year Built
1947
Lot Size
0.50 acres
Property Type
Residential Income
Status
Active
MLS Number
26651133
Year Built
1947
Lot Size
0.50 acres
Property Highlights
Details
7025 Vinevale Avenue, Bell, California 90201 - $2,500,000 | Allan Real Estate Investments