6519 Darwell Avenue

    Bell Gardens, CA 90201
    • $925,000
    • STATUS: Pending
    • ON SITE: 12 days
    • ID#: CV19255313
    Pending
    UPDATED: 37 min ago
    $925,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,055
      SQFT
    • $303
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1940
    County:

    School Ratings & Info

    Description

    We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 5 single-story units which are situated amongst two separate structures. The unit mix consists of 1(2 Bedroom/2 Bathroom), 2(2 Bedroom/1 Bathroom)s, & 2(1 Bedroom/1 Bathroom) units. Tenants enjoy an onsite laundry facility, and either garage or car-port parking. Tenants pay for electricity and gas while the owner pays for water and trash (one unit is connected to meter for laundry room.) Current rental rates in place are well below market rate, but with capital improvement to the property, one may increase rents by as much as 55%!

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T22:30:39.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
    www.naylorproperties.com/homes/100446535

    6519 Darwell Avenue Bell Gardens, CA 90201

    • Price: $925,000
    • Status: Pending
    • Updated: 37 min ago
    • ID#: CV19255313
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    3,055
    SQFT
    $303
    $/SQFT
    1940
    Built
    Neighborhood:
    699 - Not Defined
    County:
    Los Angeles
    Area:
    699 - Not Defined
    Property Description
    We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 5 single-story units which are situated amongst two separate structures. The unit mix consists of 1(2 Bedroom/2 Bathroom), 2(2 Bedroom/1 Bathroom)s, & 2(1 Bedroom/1 Bathroom) units. Tenants enjoy an onsite laundry facility, and either garage or car-port parking. Tenants pay for electricity and gas while the owner pays for water and trash (one unit is connected to meter for laundry room.) Current rental rates in place are well below market rate, but with capital improvement to the property, one may increase rents by as much as 55%!
    Exterior Features

    Carport Spaces 6.00 Garage Spaces 2.00 Lot Features 2-5 Units/AcreLot 10000-19999 Sqft Lot Size Source Assessor Lot Size Units Square Feet Parking Total 10.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Community Levels One

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsGuttersSidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 59400.00 Gross Operating Income 57618.00 Gross Scheduled Income 59400.00 Insurance Expense 1222.00 Land Lease YN No Laundry Income 3000.00 Laundry YN Yes Maintenance Expense 2500.00 Net Operating Income 40509.00 New Construction YN No New Taxes Expense 10837.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Operating Expense 17109.00 Other Expense 750.00 Other Expense Description Reserves Professional Management Expense 0.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays ElectricityGas Total Actual Rent 4700.00 Total Expenses 17109.00 Trash Expense 0.00 Vacancy Allowance 1782 Water Sewer Expense 1800.00 Water Source Public Year Built Source Assessor Zoning Bgr3*

    Listing provided courtesy of Kristopher German of Re/Max 2000


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-13T22:30:39.26. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Naylor Properties | RE/MAX Estate Properties. Licensed in the State of California, USA.
     
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