Description

Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential. The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking. At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations. With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time. Conveniently located near shopping, transportation, major freeways, and other local amenities.

Property details

Year built

1947

Property type

Residential Income

Lot size

11,139 sqft

Location

6608 Ira • Bell Gardens, CA 90201

More homes for sale and rent in Bell Gardens, CA →

Listed by

Alan Ramirez · REAL BROKERAGE TECHNOLOGIES

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Residential Income - 6608 Ira, Bell Gardens, CA