$ 1,325,000
-
$1,325,000
Price -
12
Bed -
6
Bath -
5,380
SqFt
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About the Listing 51247 - CV33418
Just Listed! Exceptional opportunity to acquire a 6-unit multi-family investment in the city of Bell Gardens, offered at $1,325,000...only $220,000 per unit! Delivering a strong 6.1% current CAP Rate and 11.46 GRM, this well-performing asset provides excellent day-one cash flow with substantial long-term upside. The property features all 2-Bedroom/1-Bathroom units, a highly desirable unit mix that attracts strong tenant demand. The improvements consist of a front duplex with two single-story units, and two rear duplex buildings constructed in 1975, totaling 5,380 rentable square feet on a 13,216 sq. ft. lot. With 37% upside in rental income, investors have a clear opportunity to significantly increase cash flow over time. Residents enjoy abundant onsite carport and open-space parking, individual washer and dryer hookups, and the benefit of a newly installed driveway and parking surface, enhancing both curb appeal and functionality. Conveniently located near shopping, entertainment, public transportation, and schools, the property is positioned in a well-established rental corridor with consistent tenant demand. Combining strong in-place financials, an attractive price per unit, desirable all 2-bedroom floor plans, and meaningful rental upside, this Bell Gardens offering presents an outstanding opportunity for investors seeking immediate income with significant value-add potential.
Listing Highlights
Interior Details
- Bedrooms: 12
- Bathrooms: 6 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 8
- Zoning: BGR3*
- Roof: Shingle
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport,Paved
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6228003035
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
6029 Live Oak St Bell Gardens, CA 90201
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