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$ 2,000,000
Est. payment | /mo
6 Beds
5,505 Sqft Lot
$ 2,000,000
Est. payment | /mo
6 Beds
5,505 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25264468
Bedrooms 6
Lot Size 5,505 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Rare contemporary newly built fourplex in centrally located Bell Gardens. This property is ideal for an owner-user, a 1031 exchange buyer, or a multigenerational family seeking a private compound. As new construction, the building is not subject to rent control. The property can potentially be delivered fully occupied at a 4.83% cap rate, with a pro forma cap rate of approximately 5.33%. The front two detached townhome-style units (Buildings 1 and 2) each feature 3 bedrooms, 2 baths, and an upstairs den that can function as a fourth bedroom, office, or flex space; both are currently rented for $3,495 per month. In Building 3, the ground-floor one-bedroom unit is projected to rent for $2,600 per month, and the upper two-bedroom unit with vaulted ceilings is projected to rent for $3,000 per month, bringing the total projected income to $12,590 per month. The property is professionally managed and offers abundant natural light, gated rear parking, separate electrical meters for all-electric units, drought-tolerant landscaping, designer finishes, and more. Bell Gardens is a strong Southeast Los Angeles rental market known for affordability, high demand, and convenient proximity to the 710, 5, and 105 freeways, providing quick access to Downtown Los Angeles, Long Beach, and LAX. The city is anchored by major employers such as The Bicycle Hotel & Casino and features parks, community amenities, ADU-friendly zoning, and nearby shopping including the Citadel Outlets. Long-standing neighborhoods and consistent appreciation make this an excellent opportunity for investors seeking reli
Location
State CA
County Los Angeles
Zoning Seller
Direction Gage & Eastern
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6330015030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Paul Purunjian Purunjian Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "