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Sold for $995,000
  • Listed by: RE/MAX CHAMPIONS • Rosalba Farias • Contact: 909-949-0605
    Bought with: RE/MAX CHAMPIONS
    Tax assessed value
    $995,000

    8042 Garfield Ave, Bell Gardens, CA 90201

    18beds
    11baths
    2,747sqft
    Quadruplex
    Built in 1949
    -- sqft lot
    $1,194,000 Zestimate®
    $362/sqft
    $3,184 Estimated rent

    Home value

    $1,194,000

    $1.09M - $1.31M

    $3,184/mo

    Zestimate® history
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    What's special

    We are pleased to present a unique investment opportunity in the heart of Bell Gardens, California. This well-maintained quadruplex is hitting the market for the first time in 40 years, offering an ideal chance for both seasoned and novice investors. Each unit offers spacious living areas with ample natural light. Functional kitchens equipped with essential appliances. Each unit is independently metered for gas and electricity, owner pays water and trash. Well-kept common areas with convenient on-site parking available for tenants. Recent upgrades include new roofing on all 4 units. Close proximity to local shopping centers, parks, and schools. Easy access to major highways and public transportation. This property not only offers a stable rental income but also potential for capital appreciation given its good condition and desirable location. Whether you're looking to expand your rental portfolio or step into real estate investment, this quadruplex promises to be a prudent choice. For more information or to schedule a viewing, please contact Listing Agent Rosalba Farias.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rosalba Farias DRE #00987798 626-606-4888,

    RE/MAX CHAMPIONS

    Bought with:

    Rosalba Farias, DRE #00987798

    RE/MAX CHAMPIONS

    Source: CRMLS,MLS#: CV24088544MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 18
    • Bathrooms: 11
    Rooms
    • Room types: Bedroom, Family Room
    Bedroom
    • Features: All Bedrooms Down
    Appliances
    • Included: Water Heater
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, Laundry Room
    Features
    • Ceramic Counters, Tile Counters, All Bedrooms Down
    • Flooring: Carpet, Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,747
    • Total interior livable area: 2,747 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: None
    • Garage spaces: 2
    • Carport spaces: 2
    • Covered spaces: 4
    Features
    • Entry location: Driveway
    • Pool features: None
    • Spa features: None
    • Fencing: Chain Link,Fair Condition,Stucco Wall
    Lot
    • Size: 10,582 Square Feet
    • Dimensions: 71 x 150
    • Features: 0-1 Unit/Acre, Level, Rectangular Lot, Walkstreet, Yard
    Details
    • Additional structures: Second Garage
    • Parcel number: 6230025007
    • Zoning: BGCM*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Quadruplex
    Materials
    • Drywall
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Biking, Park, Street Lights, Sidewalks
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Bell Gardens

    Financial & listing details

    • Price per square foot: $362/sqft
    • Tax assessed value: $995,000
    • Annual tax amount: $14,958
    • Date on market: 5/11/2024
    • Cumulative days on market: 10 days
    • Listing terms: Cash,Cash to Existing Loan,Conventional
    • Total actual rent: 4900
    • Tenant pays: Electricity, Gas, See Remarks

    Price history

    DateEventPrice
    7/15/2024Sold$995,000$362/sqft
    Source: CRMLS #CV24088544 Report a problem
    7/3/2024Contingent$995,000$362/sqft
    Source: CRMLS #CV24088544 Report a problem
    5/22/2024Pending sale$995,000$362/sqft
    Source: CRMLS #CV24088544 Report a problem
    5/20/2024Price change$995,000+7.6%$362/sqft
    Source: CRMLS #CV24088544 Report a problem
    5/11/2024Listed for sale$925,000$337/sqft
    Source: CRMLS #CV24088544 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$14,958 +203.6%$995,000 +603.4%
    2024$4,928 +1.6%$141,458 +2%
    2023$4,848 +5.2%$138,685 +2%
    2022$4,606 +8.8%$135,967 +2%
    2021$4,234 +1.1%$133,302 +1%
    2020$4,187 $131,936 +2%
    2019$4,187 +8.4%$129,350 +2%
    2018$3,862 $126,815 +2%
    2017$3,862 +2.9%$124,329 +2%
    2016$3,753 +3.2%$121,892 +1.5%
    2015$3,637 +13.8%$120,062 +2%
    2014$3,195 $117,711 +4.5%
    2011-- $112,631 +0.8%
    2010-- $111,790 +1.8%
    2008-- $109,860 +2%
    2007-- $107,707 +2%
    2005-- $105,596 +6%
    2003-- $99,638
    Find assessor info on the county website

    Neighborhood: 90201

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,194,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,194,000