$1,925,000
$1,700,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
8,664 Sqft Lot
SOLD DATE : 07/20/2023
Key Details
Sold Price $1,925,000
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23091046
Sold Date 07/20/23
HOA Y/N No
Year Built 1958
Annual Tax Amount $24,303
Lot Size 8,664 Sqft
Property Description
We are pleased to present 6636 Otis Ave to market, a 9 unit multifamily constructed in 1958 in the city of Bell. Otis Ave consists of seven 1 bed/1 bath units and two 2 bed/1 bath units. All units are separately metered for gas and electric and comes with communal laundry on site The property offers 12 parking spaces for tenants including two garage spaces in the rear. Rents are currently about 30% below market rate, allowing upside in rental income for a new buyer. The rear of the property has two garage spaces that could also be converted into an ADU (buyer to confirm).
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BLR3YY
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Urban
Total Parking Spaces 2
Private Pool No
Building
Lot Description Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6325011005
Energy Description 600.0
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Standard
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Bought with Jackson Jorgensen • Younglewin Advisors, Inc.