$1,039,000
$1,120,000
7.2%For more information regarding the value of a property, please contact us for a free consultation.
0.28 Acres Lot
SOLD DATE : 04/24/2023
Key Details
Sold Price $1,039,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23022526
Sold Date 04/24/23
HOA Y/N No
Year Built 1922
Lot Size 0.276 Acres
Property Description
5715 Priory St is an excellent 5-Unit investment opportunity in the city of Bell Gardens situated on an oversized 12,000+ sqft lot and comprised of three single-story buildings in a garden-like setting. The property has wonderful curb appeal with newly painted exteriors, private porches and open green areas between each building. The front unit features a large fenced-in yard, providing valuable additional space and a potential opportunity for further development. In addition, there is gated parking for 7 vehicles as well as a currently underutilized stand-alone garage structure with three single-car garages providing even more income potential. This property benefits from an extremely low vacancy rate, stable rents and an attractive central location with a consistently high demand for rentals. Each unit is individually metered for electricity and gas, keeping ongoing expenses low. Don’t miss this amazing value-add opportunity to take an already successful investment and maximize it to its full potential.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGR3PD*
Interior
Interior Features All Bedrooms Down
Heating Wall Furnace
Cooling None
Fireplaces Type None
Fireplace No
Laundry None
Exterior
Parking Features Assigned, Door-Multi, Garage, Gated, On Site, Garage Faces Side
Garage Spaces 3.0
Garage Description 3.0
Fence Chain Link
Pool None
Community Features Curbs, Street Lights, Suburban, Sidewalks
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View City Lights
Total Parking Spaces 7
Private Pool No
Building
Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Landscaped, Near Public Transit
Story One
Entry Level One
Foundation Raised
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6227009031
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Probate Listing
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.