6237 Orchard Avenue, Bell, CA 90201
Property
Sold January 2023
Listing Agent: Nicholas Petrosian (DRE #01462598) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Avinash Narang · BRC Advisors BH · MLS #22224559 · Source: CRMLS
About this property
6237 Orchard Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features all two-bedroom units with 6 securitized open parking spaces on 7,210 square feet of prime Southern California land. Some features and improvements include newer windows, upgraded electrical panel and built-in wall AC's for each unit. There is approximately 25% upside in the rental income not including the 02/01/2023 effective rents which increase the rental income by 6.3%. The subject property has been in the same family since the property was built and is an excellent investment opportunity because of it's great location and substantial amount of rental upside.
Listing description from the January 2023 sale, as reported to CRMLS.
Sale history