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Rare opportunity to acquire a well-maintained, 16-unit property in Bell Gardens featuring attractive 100% three-bedroom, two-and-a-half bathroom townhomes with an average unit size of ±1,362 square feet, offering a total of 48 bedrooms and 48 bathrooms, complemented by private two-car garages per unit and private patios, boasting spacious layouts designed for family comfort; this property, built in 1989, spans 21,793 square feet and sits on a generous lot of 29,303 square feet, with a current cap rate of 5.01% and a market cap rate of 6.75%, priced at $7,690,000, showcasing well-maintained exteriors with professional landscaping, ample parking including 16 guest spaces and 32 garage spaces, central HVAC units in each unit for year-round comfort, laundry hookups available in all garages, and convenient access to local shopping centers, parks, schools, and major highways, making it an ideal investment opportunity in a community-friendly neighborhood.
Property Type(s):
Residential Income
| Last Updated | 6/17/2024 | Year Built | 1989 |
|---|---|---|---|
| Community | Bell Gardens, Bell E of 710, Commerce S of 26 | Garage Spaces | 16.0 |
| County | Los Angeles |
Price History
| Prior to Jun 17, '24 | $7,950,000 |
|---|---|
| Jun 17, '24 - Today | $7,690,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Bell Gardens, Bell E of 710, Commerce S of 26 |
| GARAGE | Garage, One Space, Yes |
| HEAT | Forced Air |
| HOA DUES | 0 |
| INTERIOR | All Bedrooms Up |
| LOT | 0.67 acre(s) |
| LOT DESCRIPTION | 16-20 Units/Acre, Near Public Transit |
| PARKING | Garage,One Space |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| UTILITIES | Electricity Connected,Natural Gas Connected |
| WATER | Public |
| ZONING | BGCM* |
Location
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Listed with BRC Advisors BH
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