$ 7,690,000
7947 Garfield Avenue Bell Gardens, CA 90201
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$ 7,690,000
Est. payment /mo
Active
7947 Garfield Avenue Bell Gardens, CA 90201
21,793 SqFt
UPDATED:
10/06/2024 04:35 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 21,793 sqft
Price per Sqft $352
MLS Listing ID CRRS24095871
HOA Y/N No
Year Built 1989
Lot Size 0.673 Acres
Acres 0.67
Property Description
Rare opportunity to acquire a well-maintained, 16-unit property in Bell Gardens featuring attractive 100% three-bedroom, two-and-a-half bathroom townhomes with an average unit size of ±1,362 square feet, offering a total of 48 bedrooms and 48 bathrooms, complemented by private two-car garages per unit and private patios, boasting spacious layouts designed for family comfort; this property, built in 1989, spans 21,793 square feet and sits on a generous lot of 29,303 square feet, with a current cap rate of 5.01% and a market cap rate of 6.75%, priced at $7,690,000, showcasing well-maintained exteriors with professional landscaping, ample parking including 16 guest spaces and 32 garage spaces, central HVAC units in each unit for year-round comfort, laundry hookups available in all garages, and convenient access to local shopping centers, parks, schools, and major highways, making it an ideal investment opportunity in a community-friendly neighborhood.
Location
State CA
County Los Angeles
Area Listing
Zoning BGCM
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry In Garage
Building
Lot Description Other
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 6230013021
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Listed by Avinash Narang • BRC Advisors BH