REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,675,000
Est. payment | /mo
5 Beds
4 Baths
$ 1,675,000
Est. payment | /mo
5 Beds
4 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25059650
Bedrooms 5
Lot Dimensions 017
Property Sub-Type Res Income 2-4 Units
Property Description
*NEW PRICE* We are pleased to exclusively offer for sale this 7 Unit "Cash-Cow" property located in the city of Bell. Priced at a current 6.90% CAP Rate, 10 GRM, this property is optimally configured with a variety of living spaces, including one 2-Bedroom/1-Bathroom unit, four 1-Bedroom/1-Bathroom units, and two Studio apartments, collectively comprising 4,266 rental square feet set on a 7,571 square foot lot. Each unit is separately metered for electricity and gas, allowing for straightforward utility handling. The majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. Tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention. Financially, this property stands out with a current 6.90% CAP Rate and a 10.04 Gross Rent Multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. This multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.
Location
State CA
County Los Angeles
Zoning Assessor
Direction North of Gage Ave, East of Maywood Ave
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6318020017
Listed by Kristopher German RE/MAX 2000 REALTY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "