$1,080,000
$1,050,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
6618 Otis AVE Bell, CA 90201
2,980 SqFt
Key Details
Sold Price $1,080,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,980 sqft
Price per Sqft $362
MLS Listing ID CV21071295
Sold Date 07/02/21
HOA Y/N No
Year Built 1949
Lot Size 7,840 Sqft
Acres 0.18
Property Description
We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell. The subject property has been owned by the same investor for a number of years and has been well maintained. The unit mix is comprised of all 1 Bedroom/1 Bathroom units which are spread amongst two separate buildings. Tenants enjoy onsite garage & open space parking, as well as an onsite laundry facility. All units are separately metered for electricity and gas, while the owner pays for water and trash. Current rents are at modest rates with plenty of room for a new investor to take advantage of the opportunity to complete capital improvements and move the rents to market.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning BLR3YY
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Curbs, Gutter(s), Sidewalks
Total Parking Spaces 6
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story Two
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6325010015
Energy Description 325.0
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with KRISTOPHER GERMAN • RE/MAX 2000