Property Detail

Description

NEW PRICE! NOW OFFERED AT $1,950,000 | 7.65% CAP RATE | 8.74 GRM ON CURRENT INCOME. Excellent opportunity to acquire a 7-unit multifamily property in Bell Gardens situated on a large 22,516 SF lot. The property consists of four separate buildings including a detached single-family residence and three apartment structures. The property features approximately 5,716 SF of building space, strong on-site parking, an attractive layout, and favorable low-maintenance operating characteristics. Tenants are responsible for water, trash, gas, and electricity. Well located in a strong rental pocket near major employment centers, transportation corridors, and retail amenities.