0.51 Acres Lot
0.51 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV26157921
HOA Y/N No
Year Built 1965
Lot Size 0.514 Acres
Property Sub-Type Apartment
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 T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGR3*
Interior
Heating None
Cooling None
Fireplaces Type None
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Parking Features Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Fence Block, Wrought Iron
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Accessibility None
Total Parking Spaces 14
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Architectural Style Bungalow
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6227020007
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
Nearby Locations
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