18-Bedroom Residential Income - 5522 Clara Street, Bell Gardens, CA

$2,116,000

5522 Clara Street, Bell Gardens, CA

5522 Clara Street, Bell Gardens, CA 90201 - $2,116,000 · 18 bd 11 ba Multi-Family Home for Sale, photo 3

5522 Clara Street, Bell Gardens, CA 90201 - $2,116,000 · 18 bd 11 ba Multi-Family Home for Sale, photo 4

5522 Clara Street, Bell Gardens, CA 90201 - $2,116,000 · 18 bd 11 ba Multi-Family Home for Sale, photo 5

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Description

Rarely available investment opportunity in Bell Gardens! Built in 1987, this well-maintained multifamily property features 9 two bedroom units, including 2 two-story townhouse-style units, plus an on-site manager's unit. Situated on an approximately 19,385 SF lot with approximately 8,298 SF of building area. Based on the 9 legal rental units, current scheduled gross income is approximately $187,734/year ($15,645/month including laundry). At the asking price of $2,116,000, the property offers a 6.36% CAP Rate and 11.45 GRM based on 9-unit rental income, with approximately 40% rental income upside potential. Electrical system upgrades completed, with approximately 24 on-site parking spaces. Conveniently located near the 710 & 5 Freeways, providing easy access to surrounding cities and Los Angeles. Ideal opportunity for investors seeking stable income, value-add potential, and a 1031 Exchange.

Property details

Bedrooms

Bathrooms

Square feet

8,298

Year built

1987

Property type

Residential Income

Lot size

19,385 sqft

Location

5522 Clara Street • Bell Gardens, CA 90201

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

Listed by

Ki Seon Im · Ivy Realty Co.

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Closed sales reported in 90201, nearest first, last 12 months. All recent sales in Bell Gardens →