$1,330,000
$1,265,000
5.1%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
6 Baths
3,600 SqFt
SOLD DATE : 12/08/2022
Key Details
Sold Price $1,330,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,600 sqft
Price per Sqft $369
MLS Listing ID 22218301
Sold Date 12/08/22
Bedrooms 6
HOA Y/N No
Year Built 1948
Lot Size 0.258 Acres
Property Description
4218 Bell Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features all one-bedroom units with securitized parking on 11,221 square feet of prime Southern California land. There are 6 detached single car garages and a common area laundry room. There is approximately 34% upside in the rental income not including additional revenue potential by adding in coin operated laundry machines and dryers. The subject property has been in the same family since the property was built and is an excellent investment opportunity because of it's great location and substantial amount of rental upside.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning BLR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Door-Single, Garage
Parking Type Door-Single, Garage
Attached Garage No
Total Parking Spaces 6
Building
Story 1
New Construction No
Others
Senior Community No
Tax ID 6325028035
Special Listing Condition Standard
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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty