Address: |
view address Bell, CA 90201 Map Location |
Features: | Air Conditioning, Multi-level |
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Square Feet: | 7,194 sq.ft. | Lot Size: | 16365.0 |
Year Built: | 1947 | Property Type: | Mixed Use |
County: | Los Angeles | List Date: | 2024-06-12 |
Listing Number: | SB24120978 | Listed By: | TR Wealth Management Inc. |
Listing Office: | 310-919-7554 | Days on market: | 85 |
An amazing 7-unit, multi-family property in Bell, with large units, five structures all spread out on a huge lot. The unit mix includes three 2 bedroom, 1 bathroom units as well as two 2 bedroom, 2 bathroom units and one 3 bedroom, 1 bathroom house single story built in 1947. There is also a brand new, 1 bedroom, 1 bathroom ADU. The 2 bedroom 2 bathroom plus laundry room which is the front house was built in 1936, while the other five units were constructed in 1990 (and the ADU is brand new). The complex features 2 two car garages, 3 one car garages and several surface parking spots. Owners have paid for 3 new roofs on the Townhome units within the last 2-2.5 years. Owners also purchased new laundry equipment which is about 12 months old and is included in purchase. Owners delivering better than a 6% cap rate with another 2 units unoccupied or rented so very profitable and financing is available with 40%- 50% down payment at 5.995% Fixed rate for 5 years with 30 year amortization. Three of the six original units have been completely modernized and owners delivering 2 more units ( mentioned above). Renovations include; new bathrooms & kitchens & counters with completely new paint light fixtures new vinyl plank floors, copper-plumbing, fixtures and HVAC. The new ADU is a standalone structure. There is significant upside income potential remaining, particularly in the three units not yet remodeled. ADU square footage does not yet show in public records. Unit square footages listed are averages only. Buyer must confirm all unit types, counts, and square footage dimensions.
Flooring: | Vinyl | Laundry Features: | Common Area |
Laundry: | Yes | Interior Features: | Recessed Lighting |
Cooling features: | Central Air | Heating features: | Central |
Heating: | Yes |
Construction Materials: | Stucco | Roof: | Shingle |
Pool Features: | None |
Parking features: | Garage, Paved | Garage spaces: | 10 |
Community Features: | Suburban, Curbs, Sidewalks |
Sewer: | Public Sewer |
Special Listing Conditions: | Standard |
Year Built: | 1947 | Levels: | Two |
Stories: | 2 |
Lot Dimensions: | 16365.0 |
Property Condition: | Updated/Remodeled |
Building Area total: | 7194.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
|
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.