Active
7947 Garfield Avenue
Bell Gardens CA, 90201
$7,690,000
$352.87 per sqft
Active
21,793 sqft
Condos
Built in 1989
Listed by Avinash Narang with BRC Advisors BH 818-288-0697
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.
RS24095871
MLSⓇ ID
May 17, 2024
Listed
October 17, 2024
Updated
Map
7947 Garfield Avenue
Bell Gardens CA, 90201
Interior Features
Total Stories
1
Interior Features
All Bedrooms Up
Laundry Description
In Garage
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.67 Acres
Lot Features
16-20 Units/Acre, Near Public Transit
Sewer
Public Sewer
Other Property Details
Area Name
T3 - Bell Gardens, Bell E of 710, Commerce S of 26
Days on Market
141
Garage
Yes
Garage Spaces
16
Parking
Garage, One Space
Parking Total
48
View
No
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Zoning
BGCM*
Listing History
Date | Event | Price |
|---|---|---|
6/18/2024 | Price change | $7,690,000 -4% |
Listing Contact: 310-525-3712
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 10/17/2024 at 12:41 PM UTC