$7,690,000
7947 Garfield Avenue
Bell Gardens, CA, 90201
Property 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.
Property Details
Price:
$7,690,000
MLS #:
RS24095871
Status:
Active
Baths:
0
Address:
7947 Garfield Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
t3bellgardensbelleof710commercesof26
City:
Bell Gardens
Listed Date:
May 17, 2024
State:
CA
ZIP:
90201
Lot Size:
29,303 sqft / 0.67 acres (approx)
Year Built:
1989
Schools
Interior
Cooling
Central Air
Heating
Forced Air
Exterior
Community Features
Sidewalks, Street Lights
Garage Spaces
16.00
Lot Features
16-20 Units/ Acre, Lot 20000-39999 Sqft, Near Public Transit
Parking Features
Garage, Parking Space
Parking Spots
48.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Connected, Natural Gas Connected
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Courtesy of BRC Advisors BH. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
7947 Garfield Avenue
Bell Gardens, CA
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