7
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Listed by Kristopher German • RE/MAX 2000 REALTY
$1,675,000
Est. payment /mo
7,571 Sqft Lot
Price Dropped by $75K
6335 Loma Vista AVE Bell, CA 90201
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV25059650
Year Built 1955
Lot Size 7,571 Sqft
Source California Regional MLS
Property Description
*NEW PRICE* We are pleased to exclusively offer for sale this 7 Unit "Cash-Cow" property located in the city of Bell. Priced at a current 6.90% CAP Rate, 10 GRM, this property is optimally configured with a variety of living spaces, including one 2-Bedroom/1-Bathroom unit, four 1-Bedroom/1-Bathroom units, and two Studio apartments, collectively comprising 4,266 rental square feet set on a 7,571 square foot lot. Each unit is separately metered for electricity and gas, allowing for straightforward utility handling. The majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. Tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention. Financially, this property stands out with a current 6.90% CAP Rate and a 10.04 Gross Rent Multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. This multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Interior
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Garage
Garage Spaces 7.0
Pool 31, None
View None
Roof Type Shingle
Building
Water District - Public
Others
Tax ID 6318020017
Special Listing Condition Not Applicable
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