6921 Sherman Way - Multi-Family FOR SALE


Bell, CA 90201- Cudahy
$1,650,000 USD
714-309-3549
6921 Sherman Way, Bell, CA for Sale
$1,650,000 USD
Multi-Family - FOR SALE
1/6
null | 4.7% Cap Rate

6921 Sherman Way
Bell, CA 90201
Cudahy


HIGHLIGHTS

  • Separate Water meters as well as separate gas and electric meters.
  • Abundant parking with 5 two car garages and 7 open spaces
  • 4 of the units were built in 1989

OVERVIEW

An opportunity to own 6 units with separate meters, INCLUDING SEPARATE WATER METERS. This is rare and ideal for the next time there are water restrictions as the tenants will be responsible for their own conservation efforts. Plus, keeps the owner's utility expenses low! Property includes a newer 4-plex, built in 1989, plus two detached single family homes. They are an attractive unit mix of 5- Two bedroom units and 1 - Three bedroom unit. The SFRs are in the front and back of this large lot of over 16,000 Sq. Ft. Property has abundant parking with 5 two car garages and 7 open spaces. The buildings were tented and fumigated about 4 years ago. The front house is a 3/2 but is being used as a nonconforming duplex. The laundry and adjacent storage room have the possibility of being converted into an ADU, Buyer to check with City for possibilities. Residents love the proximity to shopping, public transportation and freeways.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$272 USD /SF

# OF UNITS

6

PRICE/UNIT

$275,000

CAP RATE

4.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6921 Sherman Way

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,194 SF

ZONING

-

APN/PARCEL ID

6327-016-024

ASK ABOUT THIS PROPERTY

Richard BellBell Realty GroupMore Info
714-309-3549

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Richard BellBell Realty GroupMore Info
714-309-3549

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