Bell Gardens, CA 90201,6519 Darwell AVE
Bell Gardens, CA 90201,6519 Darwell AVE
Bell Gardens, CA 90201,6519 Darwell AVE
$1,075,000
Est. payment /mo
Est.Price: ?

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0.25 Acres Lot
SOLD DATE : 07/19/2023

Key Details

Sold Price $1,075,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23029595

Year Built 1940

Lot Size 0.252 Acres

Property Description

BACK ON MARKET! Private Seller Financing available! We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 100% single story construction and offers a unit mix of; 1(2Bed/1.5Baths), 2(2Bed/1Bath)s, & 2(1Bed/1Bath)s. The rental units are situated in 2 separate buildings with a total rental square footage of 3,055 SqFt. Tenants pay for electricity and gas while the owner pays for water and trash. Tenants enjoy an onsite laundry facility as well as onsite garage and car-port parking. The current rental rates are well below market level offering a savvy investor the opportunity of a potential 60+% upside in gross rental income. The seller is willing to provide private seller financing with the following terms: 40% down payment, 3 year term, 6% interest only payments, no pre-pay penalty.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning BGR3*

Interior

Laundry Common Area, Inside

Exterior

Parking Features Assigned, Detached Carport, Garage

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Gutter(s), Sidewalks

Building

Lot Description 2-5 Units/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, Owner May Carry

Listing Terms Cash, Cash to New Loan, Owner May Carry

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by KRISTOPHER GERMAN • RE/MAX 2000 REALTY • 909-645-0443
Bought with Olga Wright • Lyon Stahl Investment Real Estate, Inc.

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Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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