5659 Quinn Street, Bell Gardens, CA 90201
- $2,699,999
- 20
- BD
- 12
- BA
- 7,501
- SqFt
- List Price
- $2,699,999
- Price Change
- ▼ $24,300,000 1765255317
- Status
- ACTIVE
- MLS#
- 25626813
- Year Built
- 1962
- Bedrooms
- 20
- Bathrooms
- 12
- Living Sq. Ft
- 7,501
- Lot Size
- 11,085
- Acres
- 0.25
- Days on Market
- 233
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
Attractive 12 unit multifamily property in the high demand Bell Gardens market. The mix includes (8) two bedroom one bath units and (4) one bedroom one bath units that rent well and stay occupied. Current income is $229,392 with market rents supporting $278,400 , giving buyers clear rent upside of about 21.4% . The building offers on site parking with carports, 4 garage spaces, and open spaces. Each unit is separately metered for electricity and gas. The on site laundry room generates about $400 per month in extra income. The layout and features make the property easy to run. Located near Eastern Avenue, Jaboneria Road, the 710 Freeway, and Florence Avenue, the property sits close to major retailers, services, and employment centers. Tenants benefit from quick access to shopping and transit, supporting long term demand in this proven rental area.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 12
- Levels
- Two
- Parking Spaces
- 12
Listing courtesy of Listing Agent: Oscar Diaz (Oscar.Diaz@marcusmillichap.com) from Listing Office: Marcus & Millichap.
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.