5945 Florence Avenue,  Bell Gardens CA, 90201 (Residential Income)

3,743 sqft
Status: Sold
MLS#: SB16727108
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Last Updated: 9/24/2017 5:53 PM
Description for 5945 Florence Avenue Bell Gardens, CA 90201
Rare value add investor opportunity to acquire 8 units in strong non-rent control Bell Garden's market. Two buildings on a large 11,896 s.f. lot. The front building is a three (3) bedroom and two (2) bathroom house with driveway and garage, large vaulted ceiling family room, living room, dining room, kitchen, rumpus room, work area room, laundry room with washer dryer hookups, fireplace, and more. Upstairs and downstairs, two (2) stories. Front west gated driveway ingress/egress for house to private garage. The rear building is a seven (7) unit, single story, income producing studio apartment building. Plenty of enclosed, on site, gated and secured parking for the tenants with a separate rear entrance to the property leading directly to units and parking. Each unit has individual water heaters. Tenants pay for gas and electric as the units are individually metered. Additional option to buy adjacent parcel of land, 5953 Florence Avenue. Call for details. Prime Bell Gardens location in close proximity to numerous retail, restaurants, schools, and entertainment venues. Superior freeway access with the 710 close by.
Price
Sold Price:
$925,000
Sold Date:10/28/2016
Los Angeles
3,743 (approx)
SB16727108
Closed
Description
Rare value add investor opportunity to acquire 8 units in strong non-rent control Bell Garden's market. Two buildings on a large 11,896 s.f. lot. The front building is a three (3) bedroom and two (2) bathroom house with driveway and garage, large vaulted ceiling family room, living room, dining room, kitchen, rumpus room, work area room, laundry room with washer dryer hookups, fireplace, and more. Upstairs and downstairs, two (2) stories. Front west gated driveway ingress/egress for house to private garage. The rear building is a seven (7) unit, single story, income producing studio apartment building. Plenty of enclosed, on site, gated and secured parking for the tenants with a separate rear entrance to the property leading directly to units and parking. Each unit has individual water heaters. Tenants pay for gas and electric as the units are individually metered. Additional option to buy adjacent parcel of land, 5953 Florence Avenue. Call for details. Prime Bell Gardens location in close proximity to numerous retail, restaurants, schools, and entertainment venues. Superior freeway access with the 710 close by.
Listing Information
Property Type: Cluster, Other
0.27 Acres 1,189,600 sq.ft. 3,743 (approx)
$247.13 1931
Yes- 2 spaces
Common Hot Water Heater
8 Total
Neighborhood
Room Information
Interior Features
Carpet Wall to Wall
Part Copper Plumbing
Exterior / Lot Features
2 Garage Spaces, 14 Parking Spaces, Handicap Parking
None
No Pool
BGC4*
Gutters, Sidewalks, Street Lights, Curbs Walk, Suburban, Storm drains
Driving Directions
Cross-Streets are Florence Ave & Eastern Ave.
Financial Considerations
6329006019
$81,300 Income ,$32,543Expense
Listing Price History

Bell Gardens Real Estate

Bell Gardens is located in California. Bell Gardens, California 90201 has a population of 43,106.

The median household income in Bell Gardens, California 90201 is $37,103. The median household income for the surrounding county is $55,870 compared to the national median of $53,482. The median age of people living in Bell Gardens 90201 is 27.8 years.

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Courtesy: John Mociak - Keller Williams Beach Cities John Mociak
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Information is deemed reliable but is not guaranteed.

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