Bell Gardens, CA 90201,7947 Garfield AVE
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Bell Gardens, CA 90201,7947 Garfield AVE
Bell Gardens, CA 90201,7947 Garfield AVE
Bell Gardens, CA 90201,7947 Garfield AVE
Bell Gardens, CA 90201,7947 Garfield AVE
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$ 7,690,000
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7947 Garfield AVE Bell Gardens, CA 90201

0.67 Acres Lot


UPDATED:

10/05/2024 11:17 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRRS24095871

Originating Board California Regional MLS

Year Built 1989

Lot Size 0.673 Acres

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.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Interior

Heating Forced Air

Cooling Central AC

Laundry In Garage

Exterior

Parking Features Garage, Parking Area

Garage Spaces 48.0

Pool None

Building

Story One Story

Water District - Public

Others

Tax ID 6230013021

Special Listing Condition Not Applicable


MLS Listing IDX PLUS
Listed by Avinash Narang • BRC Advisors BH
agent

Danyelle Brothers

Agent | License ID: 02024205

+1(408) 891-9205

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7947 Garfield AVE