7031 Chanslor Avenue, Bell, CA 90201

About this property

***THE SUBJECT PROPERTY WAS SOLD TOGETHER WITH THE ADJACENT 6 UNITS FOR A TOTAL PURCHASE PRICE OF $1,725,000*** 7031 Chanslor Avenue is a 3-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit and two one-bedroom units sitting on a large 11,693 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been installed. There is a significant amount of upside in the rental income. The subject property is an excellent investment opportunity because of it's great location and substantial amount of rental upside. BUYER TO VERIFY NUMBER OF UNITS, UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF BELL. DRIVE BY ONLY. DO NOT CONTACT TENANTS. **SALES PRICE IN LISTING DOES NOT REFLECT ACTUAL SALES PRICE. Property was sold with adjacent parcel (APN: 6327-035-012) which includes 6 units for a total purchase price of $1,725,000**

Listing description from the October 2023 sale, as reported to CRMLS.

Sale history

$570,000

Sold October 2023 · listed $680,000, on market July 2023 · MLS #23295259 · Source: CRMLS

Listing Agent: Nicholas Petrosian · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Nicholas Petrosian · Remax Commercial and Investment Realty

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