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(323) 864-4211
Linda Roth Burrell
5522 Clara St, Bell Gardens, CA 90201
- $2,116,000
- 18
- BD
- 11
- BA
- 8,298
- SqFt
- List Price
- $2,116,000
- MLS#
- 26993287
- Year Built
- 1987
- Bedrooms
- 18
- Bathrooms
- 11
- Living Sq. Ft
- 8,298
- Lot Size
- 19,385
- Days on Market
- 6
- Property Type
- Multifamily
- Stories
- 2
Property Description
Rarely available investment opportunity in Bell Gardens! Built in 1987, this well-maintained multifamily property features 9 two bedroom units, including 2 two-story townhouse-style units, plus an on-site manager's unit. Situated on an approximately 19,385 SF lot with approximately 8,298 SF of building area. Based on the 9 legal rental units, current scheduled gross income is approximately $187,734/year ($15,645/month including laundry). At the asking price of $2,116,000, the property offers a 6.36% CAP Rate and 11.45 GRM based on 9-unit rental income, with approximately 40% rental income upside potential. Electrical system upgrades completed, with approximately 24 on-site parking spaces. Conveniently located near the 710 & 5 Freeways, providing easy access to surrounding cities and Los Angeles. Ideal opportunity for investors seeking stable income, value-add potential, and a 1031 Exchange.
Additional Information
- Other Buildings
- None
- Pool Description
- None
- Heat
- Forced Air
- Cooling
- Wall Unit(s)
- Number of Cars in Garage
- Uncovered, Garage, Side By Side
- Garage Spaces Total
- 7
Mortgage Calculator
Courtesy of Ivy Realty Co., Ki Seon Im - CA DRE#01860439
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