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6602 Fishburn Avenue, Bell, CA

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6602 Fishburn Avenue

Bell, CA 90201-2479 - Cudahy MF Submarket

Property Type:Multi-Family Number of Units:4 Status:Existing Year Built:1948
Stories:1 Building Size:2,436 SF Land Area:.22 AC (9,614 SF)
For Sale Price:$750,000 Price/Unit:$187,500.00 Cap Rate:4.67 % GRM:-


Sale Notes:
James Torres of RE/MAX Commercial & Investment Realty is proud to present the Fishburn Villas, a 4 unit building located at 6602 Fishburn Ave. Bell, CA 90201. Subject property is located in a great residential neighborhood near Bell High School and numerous restaurants, shopping and employment opportunities near Florence Ave and Atlantic Ave intersection. The property is in Turn-key condition, has no deferred maintenance, and has great tenants that always pay on-time. The whole property was completely rehabbed down to the studs according to the Seller. Capital improvements include but are not limited to: 100% Tile Flooring (no carpeting at all), Tile Showers, Granite Counter tops in kitchen, rehabbed kitchens, rehabbed bathrooms, replaced water heaters, new sprinkler system, new outside paint, etc. They have carefully chosen the tenants to minimize management headaches and are all high credit tenants (according to the seller). CAP Rate and GRM are based on Pro-forma Rents. Drive-by Only, Do Not Disturb the Tenants. Call James Torres or email for the full marketing package.

RE/MAX Commercial & Investment Realty
James Torres
(213) 817-1000

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