$ 7,690,000
7947 Garfield Avenue Bell Gardens, CA 90201
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Listed by Avinash Narang • BRC Advisors BH
$ 7,690,000
Est. payment /mo
Active
7947 Garfield Avenue Bell Gardens, CA 90201
21,793 SqFt
UPDATED:
10/06/2024 11:26 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
Originating Board Datashare California Regional
Year Built 1989
Lot Size 0.673 Acres
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
Interior
Heating Forced Air
Cooling Central Air
Fireplace No
Laundry In Garage
Exterior
Parking Type Other
Building
Lot Description Other
Water Public
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