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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.

Features
: Forced air
: Central Air
2
1
: In Garage
0
: Sidewalks, Street Lights
Additional Information
BRC Advisors BH
0
RNAURAVI
RBR1
Avinash
6230013021
: Standard
16
One
35

Multi-Family For Sale

7947 Garfield Avenue, Bell Gardens, California 90201

21,793 Sqft
$7,690,000
Listing ID #RS24095871
Basic Details
Status : Active
DaysOnMarket : 141
Property Type : Multi-Family
Listing Type : For Sale
Listing ID : RS24095871
Price : $7,690,000
Living Area : 21,793 Sqft
Lot Size : 29,303 Sqft
Year Built : 1989
Country : US
State : California
County : Los Angeles
City : Bell Gardens
Zipcode : 90201
Price Per Square Foot : $353
ModificationTimestamp : 2024-10-05 16:13:45
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