Fourplex · 3 recorded sales since 2014
Listing Agent: Paul Purunjian (DRE #01417303) · Listing Office: Purunjian Inc. · Contact: 562-225-5728 · Bought with: Mel Robles · Century 21 Allstars · MLS #PW26071697 · Source: CRMLS
5822 Gage Avenue sold for $1,690,000 in August 2026, at its full list price, after 84 days on the market. It was first listed at $1,750,000. Across 56 closed sales in 90201 over the last 12 months, the median sold price is $822,500 and the median is $489 per square foot.
| Quarter | Closed sales in 90201 | Median sold price |
|---|---|---|
| Q1 2026 | 6 | $672,500 |
| Q2 2026 | 24 | $822,500 |
| Q3 2026 | 24 | $837,500 |
| Q4 2026 | 2 | $2,500,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Bell Gardens · Homes for sale in 90201
Rare opportunity to acquire a newly constructed, contemporary fourplex in the centrally located Bell Gardens submarket. This property is well-suited for an owner-user, 1031 exchange buyer, or multigenerational family seeking a private, low-maintenance compound. As new construction, the asset is not subject to local rent control, providing operational flexibility and long-term upside. The property features a highly desirable unit mix consisting of two (2) detached townhome-style residences and two (2) stacked ADUs. The front buildings (Units 1 and 2) are detached townhomes, each offering 3 bedrooms, 2 bathrooms, and an upstairs den that can function as a fourth bedroom, office, or flex space. Each townhome spans approximately 1,110 square feet and is currently leased at $3,495 per month. The rear structure (Building 3) includes two stacked ADUs: a ground-floor 1-bedroom, 1-bath unit (approximately 525 square feet) leased at $2,300 per month, and an upper 2-bedroom, 2-bath unit with vaulted ceilings (approximately 625 square feet) leased at $2,800 per month. The property generates a total current gross income of $12,090 per month. Constructed between 2025 and 2026, the asset offers modern design, efficient layouts, and strong tenant appeal. All units are separately metered for electricity and feature all-electric systems. Additional highlights include gated rear parking, abundant natural light, designer finishes, drought-tolerant landscaping, and artificial turf for reduced water consumption. Located in Bell Gardens, a strong Southeast Los Angeles rental market, the property benefits from consistent tenant demand driven by relative affordability and central access. The location offers convenient connectivity to the 710, 5, and 105 freeways, providing efficient access to Downtown Los Angeles, Long Beach, and LAX. The area is anchored by major employers such as The Bicycle Hotel & Casino and is supported by nearby retail including Citadel Outlets, as well as parks and community amenities. This offering represents a rare opportunity to acquire a high-quality, newly built asset with a differentiated unit mix, strong in-place income, and long-term appreciation potential.
Listing description from the August 2026 sale, as reported to CRMLS.
Closed sales reported in 90201, nearest first, last 12 months. All recent sales in Bell Gardens →