12
See all 12 photos
$2,699,999
Est. payment /mo
7,501 SqFt
Active
5659 Quinn Street Bell Gardens, CA 90201
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 7,501 sqft
Price per Sqft $359
MLS Listing ID CL25626813
HOA Y/N No
Year Built 1962
Lot Size 0.254 Acres
Acres 0.25
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning BGR3
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 6227023015
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Listed by Oscar Diaz • Marcus & Millichap
NEARBY SCHOOL & BUSINESS
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