Bell Gardens, CA 90201,7947 Garfield Avenue
Bell Gardens, CA 90201,7947 Garfield Avenue
Bell Gardens, CA 90201,7947 Garfield Avenue
Bell Gardens, CA 90201,7947 Garfield Avenue
Bell Gardens, CA 90201,7947 Garfield Avenue
Bell Gardens, CA 90201,7947 Garfield Avenue
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$ 7,690,000
Est. payment | /mo

12 Beds

12 Baths

0.67 Acres Lot


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$ 7,690,000
Est. payment | /mo
Save

12 Beds

12 Baths

0.67 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID RS24095871

Bedrooms 12

HOA Y/N No

Lot Size 0.673 Acres

Property Description

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.
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.

Location

State CA

County Los Angeles

Area Bell (90201)

Zoning Public Rec

Interior

Cooling Central Forced Air

Appliance Forced Air Unit

Building

Lot Description Sidewalks

Story 2

Level or Stories 1 Story

Others

Monthly Total Fees $465

Acceptable Financing Cash

Space Rent $2,690

Listing Terms Cash

San Diego Regional MLS (SDMLS)
Listed by Avinash Narang • BRC Advisors BH
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4955 Narragansett Ave, San Diego, California, 92107, USA

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7947 Garfield Avenue