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Key Details
Sold Price $925,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22000443
Year Built 1961
Lot Size 10,380 Sqft
Property Description
Great investment opportunity in the City of Bell Gardens. Situated on a large 10,382 square foot lot, consisting of four 2 bedroom, 1 bathroom units. Buyer can explore options of potentially adding units, only approx. 2,400 Sq.Ft. is developed on this huge 10,000+ Sq.Ft. lot which can provide an additional source of income, and a stronger return on investment. All units are in need of upgrading . Each unit have individual Electric & Gas meters. All units have in-wall heaters. Common laundry room is currently inoperative and used as storage. Ample parking and carports are located behind the units, large enough to fit 10+ cars. Long term tenants are paying below market rent. All units are occupied and tenants are current on the rent and they are on month to month basis. please DO NOT disturb tenants. drive by only.
Property is conveniently located near schools, parks, public transit, freeways and shopping centers. Truly a great investment in a great location.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGR3*
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Laminate, Tile
Fireplaces Type None
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
Exterior
Parking Features Assigned, Carport
Fence Block
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N Yes
View Neighborhood
Building
Lot Description 0-1 Unit/Acre, Rectangular Lot
Story 2
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
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Bought with Nancy Aynehchi • First Team Real Estate
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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