6636 Granger Ave - Multi-Family FOR SALE


Bell Gardens, CA 90201 | 
$1,250,000 USD
949-607-7096
6636 Granger Ave, Bell Gardens, CA for Sale
$1,250,000 USD
Multi-Family - FOR SALE
1/41
null | 5.11% Cap Rate

6636 Granger Ave
Bell Gardens, CA 90201


HIGHLIGHTS

  • 5 of 6 Units Extensively Renovated – Updated kitchens, bathrooms, flooring and interior finishes
  • Major Capital Improvements – Roofs replaced within the last two years, newer water heaters and interior plumbing improvements.
  • Oversized 11,126 SF Lot | BGR3 Zoning – Approximately 63' × 170' lot.
  • Desirable Single-Story Layout – Six units across two detached buildings.
  • Private Patios & Ample Parking – Each unit features a private patio and two parking spaces.
  • Separately Metered Gas & Electric

OVERVIEW

We are pleased to present 6636 Granger Avenue, a 6-unit multifamily investment opportunity in Bell Gardens. The property shows exceptionally well and has benefited from substantial renovations and capital improvements. According to ownership, five of the six units have been extensively renovated within approximately the last five years, including updated kitchens and cabinetry, remodeled bathrooms, flooring and other interior finishes. Water heaters were also replaced during approximately this period, the roofs were replaced within approximately the last two years, and interior plumbing improvements have been completed. The property consists of six 1-bedroom/1-bath units situated across two detached, single-story buildings on an oversized approximately 11,126-square-foot lot. There is approximately 25% upside in rental income, offering investors additional income growth despite the significant improvements already completed. Each unit features a private patio and two parking spaces, while separate gas and electric meters help minimize owner-paid utility expenses. One unit is currently configured as a 2-bedroom/1-bath but is legally permitted as a 1-bedroom/1-bath. With its strong physical condition, extensive recent improvements and remaining rental upside, 6636 Granger Avenue offers investors the opportunity to acquire an improved asset with additional income growth potential.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$393 USD /SF

# OF UNITS

6

PRICE/UNIT

$208,333

CAP RATE

5.11%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,126 SF

ZONING

-

APN/PARCEL ID

6358-010-016

ASK ABOUT THIS PROPERTY

Nick PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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

Nick PetrosianRE/MAX Commercial & Investment RealtyMore Info
949-607-7096

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