Attractive 12 unit multifamily property in the high demand Bell Gardens market. The mix includes (8) two bedroom one bath units and (4) one bedroom one bath units that rent well and stay occupied. Current income is $229,392 with market rents supporting $278,400 , giving buyers clear rent upside of… Read More about 21.4% . The building offers on site parking with carports, 4 garage spaces, and open spaces. Each unit is separately metered for electricity and gas. The on site laundry room generates about $400 per month in extra income. The layout and features make the property easy to run. Located near Eastern Avenue, Jaboneria Road, the 710 Freeway, and Florence Avenue, the property sits close to major retailers, services, and employment centers. Tenants benefit from quick access to shopping and transit, supporting long term demand in this proven rental area. Read Less
Courtesy of Marcus & Millichap 310-909-5500
Listing Snapshot
Days Online
135
Last Updated
Property Type
Other
Beds
20
Square Ft.
7,501
Lot Size
0.25 Acres
Year Built
1962
MLS Number
25626813
Additional Details
Building
7,501 sq ft, Built in 1962, Levels: Two
Disclosures
None
Garage
Carport, Garage Is Attached, Above Street Level, Garage, Parking Space
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
