
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,877 sqft
Price per Sqft $297
MLS Listing ID CV-26157921
Style Bungalow
Year Built 1965
Lot Size 0.514 Acres
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
The diverse unit mix includes a 4-Bedroom/1.5-Bath detached cottage, a 3-Bedroom/1-Bath detached cottage, a 2-Bedroom/1-Bath detached cottage, and two duplexes consisting of one 3-Bedroom/2-Bath unit, one 3-Bedroom/1-Bath unit, and two 1-Bedroom/1-Bath units. This variety of floor plans accommodates a broad range of tenant needs, supporting strong occupancy and long-term rental demand.
Residents enjoy onsite garage and open-space parking along with individual washer and dryer hookups, amenities that continue to enhance tenant satisfaction and retention. Ideally located near shopping, entertainment, schools, and public transportation, the property is positioned within a well-established rental corridor.
From an investment standpoint, the asset offers tremendous upside. With projected market financials of an 8.7% CAP Rate and 8.5 GRM, investors have a clear opportunity to substantially increase income and unlock significant long-term value. Combining desirable single-story construction, a large land parcel, an exceptional unit mix, and outstanding value-add potential, this is a compelling opportunity for investors seeking both immediate stability and future growth.
Location
State CA
County Los Angeles
Area Bell Gardens, Bell E Of 710, Commerce S Of 26Th
Zoning BGR3*
Interior
Heating None
Fireplaces Type None
Laundry Gas & Electric Dryer Hookup
Exterior
Parking Features Garage, Paved
Garage Spaces 2.0
Pool None
Community Features Sidewalks, Street Lights
Utilities Available Sewer Available, Water Available, Electricity Available, Natural Gas Available
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nearby Locations
GET MORE INFORMATION

John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900



