$930,000
$925,000
0.5%For more information regarding the value of a property, please contact us for a free consultation.
0.25 Acres Lot
SOLD DATE : 02/13/2020
Key Details
Sold Price $930,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV19255313
Sold Date 02/13/20
HOA Y/N No
Year Built 1940
Lot Size 10,890 Sqft
Property Description
We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 5 single-story units which are situated amongst two separate structures. The unit mix consists of 1(2 Bedroom/2 Bathroom), 2(2 Bedroom/1 Bathroom)s, & 2(1 Bedroom/1 Bathroom) units. Tenants enjoy an onsite laundry facility, and either garage or car-port parking. Tenants pay for electricity and gas while the owner pays for water and trash (one unit is connected to meter for laundry room.) Current rental rates in place are well below market rate, but with capital improvement to the property, one may increase rents by as much as 55%!
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning BGR3*
Interior
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 2.0
Carport Spaces 6
Garage Description 2.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 10
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6329013053
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000