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6417 Gifford Avenue, Bell, CA 90201

Property · 2 recorded sales since 2018

6417 Gifford Avenue, Bell, CA 90201 Sold August 2020 CRMLS
$765,000Sold August 2020

Listing Agent: Nicholas Petrosian (DRE #01462598) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Charles Chung · Integrity Realty Svcs Inv Grp · MLS #20599320 · Source: CRMLS

4,900 sqft
Lot Size
1924
Year Built
Property
Type
None
Cooling
None
Heating

About this property

Presenting 4 single level apartment units with excellent in place rents, including many recent capital improvements. Additionally, there is a RUBS program implemented which allows for the owner to offset utility expenses and maximize the income. At a 5.9% cap rate and 10.8 GIM on current income, this makes for an excellent buy.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$765,000
Sold August 2020 · on market July 2020 · MLS #20599320 · Source: CRMLS
Listing Agent: Nicholas Petrosian · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Charles Chung · Integrity Realty Svcs Inv Grp
$525,000
Sold June 2018 · listed $699,900, on market April 2018 · MLS #RS18073372 · Source: CRMLS
Listing Agent: Ausencio (Carlos) Cortez · Listing Office: Realty Executives Select · Contact: 562-262-2500 · Bought with: Victor Ambriz Jr · Keller Williams Realty Downey
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