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5945 Florence Avenue, Bell Gardens, CA

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5945 Florence Avenue

Bell Gardens, CA 90201 - Montebello MF Submarket

Property Type:Multi-Family Number of Units:8 Status:Existing Year Built:1931
Stories:2 Building Size:3,743 SF Land Area:.27 AC (11,896 SF)
For Sale Price:$1,070,000 Price/Unit:$133,750.00 Cap Rate:4.18 % GRM:13.16


Sale Notes:
Rare Value Add Investor Opportunity To Acquire 8 Units In Strong Non-Rent Control Bell Garden's Market.
Three buildings on a large 11,896 s.f. lot. The front building is a three (3) bedroom and two (2) bathroom house with drive way and garage, large vaulted ceiling family room, living room, dining room, kitchen, rumpus room, work area room, laundry room with washer dryer hookups, fireplace, and more. Upstairs and downstairs, two (2) stories.
The rear building is a seven (7) unit, single story, income producing apartment building.

Plenty of enclosed, on site, secured parking for the tenants. Each unit has individual water heaters. Tenants pay for gas and electric as the buildings are individually metered.

Strong Non-Rent Control Bell Gardens Market In Close Proximity To Numerous Retail, Restaurants, Schools, And Entertainment Venues. Superior Freeway Access With The 710 Close By.

Ensbury Group / KW Commercial
John Mociak
(310) 872-0963

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