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$7,690,000
Est. payment /mo
0.67 Acres Lot
UPDATED:
10/05/2024 11:17 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRRS24095871
Originating Board California Regional MLS
Year Built 1989
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.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Interior
Heating Forced Air
Cooling Central AC
Laundry In Garage
Exterior
Parking Features Garage, Parking Area
Garage Spaces 48.0
Pool None
Building
Story One Story
Water District - Public
Others
Tax ID 6230013021
Special Listing Condition Not Applicable
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Listed by Avinash Narang • BRC Advisors BH
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