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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.

PROPERTY FEATURES

Rooms information : All Bedrooms Up,Family Room,Kitchen
Sewer: Public Sewer Water Source: Public
Uncovered Spaces: 16.00 Carport Spaces: 16.00 # of Garage Spaces: 16.00 # of Parking Spaces: 48.00
Lot Features: 16-20 Units/Acre,Lot 20000-39999 Sqft,Near Public Transit
Number Of Buildings: 3 Parcel Identification Number: 6230013021
Cooling: Has Cooling Heating: Has Heating Heating Type: Forced Air Cooling Type: Central Air
Year Built Source: Public Records
Common Walls: 2+ Common Walls Laundry Features: In Garage Laundry: Has Laundry
Zoning: BGCM* MLSAreaMajor: T3 - Bell Gardens, Bell E of 710, Commerce S of 26

PROPERTY DETAILS

Street Address: 7947 Garfield Avenue
City: Bell Gardens
State: California
Postal Code: 90201
County: Los Angeles
MLS Number: RS24095871
Year Built: 1989
Courtesy of BRC Advisors BH

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