5822 Gage Ave - Apartments FOR SALE


Bell Gardens, CA 90201
$2,000,000 USD
562-553-2410
5822 Gage Ave, Bell Gardens, CA for Sale
$2,000,000 USD
Apartments - FOR SALE
1/45
null | 4.83% Cap Rate

5822 Gage Ave
Bell Gardens, CA 90201


HIGHLIGHTS

  • Rare contemporary new construction fourplex in centrally located Bell Gardens
  • Ideal for owner-user, 1031 exchange, or multigenerational compound
  • Not subject to rent control (all-new construction)
  • Current cap rate: 4.83%
  • Professionally managed
  • Two detached townhomes plus a duplex

OVERVIEW

Rare contemporary newly built fourplex in centrally located Bell Gardens. This property is ideal for an owner-user, a 1031 exchange buyer, or a multigenerational family seeking a private compound. As new construction, the building is not subject to rent control. The property can potentially be delivered fully occupied at a 4.83% cap rate, with a pro forma cap rate of approximately 5.33%. The front two detached townhome-style units (Buildings 1 and 2) each feature 3 bedrooms, 2 baths, and an upstairs den that can function as a fourth bedroom, office, or flex space; both are currently rented for $3,495 per month. In Building 3, the ground-floor one-bedroom unit is projected to rent for $2,600 per month, and the upper two-bedroom unit with vaulted ceilings is projected to rent for $3,000 per month, bringing the total projected income to $12,590 per month. The property is professionally managed and offers abundant natural light, gated rear parking, separate electrical meters for all-electric units, drought-tolerant landscaping, designer finishes, and more. Bell Gardens is a strong Southeast Los Angeles rental market known for affordability, high demand, and convenient proximity to the 710, 5, and 105 freeways, providing quick access to Downtown Los Angeles, Long Beach, and LAX. The city is anchored by major employers such as The Bicycle Hotel & Casino and features parks, community amenities, ADU-friendly zoning, and nearby shopping including the Citadel Outlets. Long-standing neighborhoods and consistent appreciation make this an excellent opportunity for investors seeking reliable cash flow and long-term value.

FOR SALE DETAILS

PRICE

$2,000,000 USD

PRICE/SF

$396 USD /SF

# OF UNITS

4

PRICE/UNIT

$500,000

CAP RATE

4.83%

% LEASED

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

BGR3*

APN/PARCEL ID

6330-015-030

ASK ABOUT THIS PROPERTY

Paul PurunjianPaul & Tiffany Real EstateMore Info
562-553-2410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Paul PurunjianPaul & Tiffany Real EstateMore Info
562-553-2410

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.