5522 Clara Street, Bell Gardens, CA 90201
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5522 Clara Street, Bell Gardens, CA 90201
5522 Clara Street, Bell Gardens, CA 90201
5522 Clara Street, Bell Gardens, CA 90201
5522 Clara Street, Bell Gardens, CA 90201
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$ 2,116,000
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5522 Clara Street Bell Gardens, CA 90201

8,298 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 8,298 sqft

Price per Sqft $255

MLS Listing ID CL26993287

HOA Y/N No

Year Built 1987

Lot Size 0.445 Acres

Acres 0.445

Property Sub-Type Other

Property 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 6.30% 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.

Location

State CA

County Los Angeles

Zoning BGR3*

Interior

Heating Forced Air

Fireplace No

Building

New Construction No

Others

Tax ID 6227020004


Bridge MLS
Listed by Ki Seon Im • Ivy Realty Co.

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5522 Clara Street