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 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.
236 days
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40
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1
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Zillow last checked:
Listing updated:
Listed by:
Oscar DiazDRE # 02022902213-999-2124,
Marcus & Millichap310-909-5500
Source: CLAW,MLS#: 25626813
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 20
Bathrooms: 12
Heating
Other
Cooling
Other
Interior area
Total structure area: 7,501
Total interior livable area: 7,501 sqft
Property
Parking
Total spaces: 12
Parking features: Carport, Garage Is Attached, Above Street Level, Garage, Parking Space
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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