7947 Garfield Avenue
Bell Gardens, CA 90201
$260,000.00 (-3.27%)
Active for $7,690,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 29,303 sqft
| MLS | RS24095871 |
| Year Built | 1989 |
| Property Type | Apartment |
| County | Los Angeles |
| Status | Active |
| Active | $7,690,000 |
| Structure Size | N/A sqft |
| Lot Size | 29,303 sqft |
| Beds | N/A |
| Baths | N/A |
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.
Listing information courtesy of: Avinash Narang, BRC Advisors BH . *Based on information from the Association of REALTORS/Multiple Listing as of 11/09/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Location
Contact a Local Realtor®
Robert Telimi
REALTOR®
Direct: 818.644.1024
Email: Email Me
DRE: 01469965
DRE #01873088
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