6607 Otis, Bell, CA 90201
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Gilbert Gardea

Gilbert Gardea

+1(562) 445-9659
$ 3,700,000
Est. payment | /mo

0.37 Acres Lot

Save
$ 3,700,000
Est. payment | /mo
Save

0.37 Acres Lot

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26185715

HOA Y/N No

Year Built 1962

Lot Size 0.371 Acres

Property Sub-Type Apartment

Property Description

Prime 16-unit multifamily investment opportunity in the City of Bell. The property features 15 one-bedroom units and one two-bedroom unit, approximately 8,676 square feet of building area on a 16,144 square foot lot, and 20 uncovered parking spaces. Built in 1962, the property offers a desirable unit mix, strong in-place rental income and meaningful long-term rental upside. Conveniently located near major employment centers, schools, shopping and transportation, with easy access to the 710, 5, 101, 105 and 60 freeways. An excellent opportunity for an investor seeking a well-located multifamily asset with value-add potential in a strong rental market. Buyer to independently verify all property information, income, expenses, unit count, square footage, permits and rental data.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry Common Area

Exterior

Parking Features Uncovered

Pool None

Community Features Suburban, Sidewalks

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6325008001

Energy Description 3866.0

Acceptable Financing Cash, Cash to New Loan, Submit

Listing Terms Cash, Cash to New Loan, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Christopher Joseph HomeWay chrisjosephrealestate@gmail.com, DRE #02074295
Gilbert Gardea

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(562) 445-9659

realestatebygilbert@gmail.com

10220 Lakewood Blvd, Downey, CA 90241, USA

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6607 Otis