6729 Alvina St - Apartments FOR SALE


Bell Gardens, CA 90201
$949,000 USD
949-607-7096
6729 Alvina St, Bell Gardens, CA for Sale
$949,000 USD
Apartments - FOR SALE
1/11
null | 3% Cap Rate

6729 Alvina St
Bell Gardens, CA 90201


HIGHLIGHTS

  • Excellent Unit Mix: (1) 3 Bed / 1 Bath SFR & (3) 2 Bed 1 Bath
  • The House is 1,064 SF and Apartments Average 825 SF
  • 2020 Electrical Upgrade: Rewired with New Panels and Wiring
  • 2018-2020 Improvements: Asphalt, Roof Repairs, Unit Upgrades
  • Separately Metered for Gas & Electricity
  • Laundry Hook-Ups in Each Unit

OVERVIEW

4 Units in Bell Gardens featuring a front house plus three 2-bedroom units. Approx. 3,539 SF building on an 8,239 SF lot with garage, carport and open parking. Unit mix includes one 3 bed/1 bath house built in 1946 and three 2 bed/1 bath units built in 1965. House is currently configured as a 4-bedroom without permits. Separately metered for gas and electricity with laundry hookups in each unit. Electrical updated with new panels and wiring around 2020 along with prior asphalt, roof and interior improvements. Current rents approx. $5,264/month with projected market rents around $9,700/month. Buyer to verify all information and rent control regulations. Seller will not deliver any units vacant. Property to be sold subject to existing tenancies. Offers contingent upon vacant delivery will not be considered.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$268 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,250

CAP RATE

3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,239 SF

ZONING

R-3

APN/PARCEL ID

6358-011-021

ASK ABOUT THIS PROPERTY

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

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

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