6337 Gallant St - Apartments FOR SALE


Bell Gardens, CA 90201
$1,225,000 USD
562-587-5494
6337 Gallant St, Bell Gardens, CA for Sale
$1,225,000 USD
Apartments - FOR SALE
1/7
null | 4.93% Cap Rate

6337 Gallant St
Bell Gardens, CA 90201


HIGHLIGHTS

  • EXCELLENT RENTAL LOCATION
  • 4 DETACHED HOUSES EACH WITH 1-CAR GARAGE | 1-2 OPEN SPACES
  • 1-STORY CONSTRUCTION
  • INDIVIDUALLY METERED GAS & ELECTRICITY (no common area utilities); MASTER-METERED FOR WATER; TRASH DISPOSAL COST IN RE TAXES
  • SUBSTANTIAL RENTAL UPSIDE UPON VACANCY - 17% UPSIDE
  • OPPORTUNITY TO ADD VALUE

OVERVIEW

Four detached homes, each 2-bedroom / 1-bathroom with a 1-car garage. The buildings total 3,578 square feet and sit on a 10,132 square foot lot. The property was built in 1961 and is in above average condition. The units are individually metered for both gas and electricity (no common area utilities); master-metered for water (paid by owner); and the trash disposal expense is included in the real estate taxes. Reduced operating expenses are the result. All the units are rented, but there is substantial upside (17%+ upside) upon vacancy and an opportunity to add value. Please do not disturb the tenants. Contact listing agent for full details. Please note that Bell Gardens has rent control (buyer and agent to check with city for details).

FOR SALE DETAILS

PRICE

$1,225,000 USD

PRICE/SF

$342 USD /SF

# OF UNITS

4

PRICE/UNIT

$306,250

CAP RATE

4.93%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6337 Gallant Street, Bell Gardens, CA

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,132 SF

ZONING

BGR3PD*

APN/PARCEL ID

6228-024-014

ASK ABOUT THIS PROPERTY

Juan CardenasRE/MAX Commercial & Investment RealtyMore Info
562-587-5494

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Juan CardenasRE/MAX Commercial & Investment RealtyMore Info
562-587-5494

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