Prime investment opportunity in the heart of Bell Gardens! This income-generating property sits on a large \~25,000 sq ft lot and features five freshly repainted buildings (as of July). With tenants covering their own utilities and the owner responsible only for trash, operating expenses remain low. The site offers plenty of on-site parking and is located near major retailers like Walmart, Sprouts, Target, and Parkwest Bicycle Casino. Adjacent to a newly built 7-unit condo development, the property also presents strong redevelopment potential. Estimated cap rate of 4.5–5% makes this a compelling addition to any investor’s portfolio.
For sale
Listing Provided by:
Karen Gee DRE #01714007 626-315-8381,
Pinnacle Real Estate Group
Price cut: $70K (9/18)
$1,680,000
5800 Clara St, Bell Gardens, CA 90201
15beds
8baths
5,351sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$1,640,000 Zestimate®
$314/sqft
$-- HOA
What's special
Plenty of on-site parkingFive freshly repainted buildings
- 72 days |
- 380 |
- 12 |
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