7947 Garfield Avenue
Bell Gardens, CA 90201
0.67 acres | #RS24095871
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
- Lot DescriptionSixteenToTwentyUnitsAcre, NearPublicTransit
- Utility FeaturesElectricityConnected, NaturalGasConnected
- InteriorAllBedroomsUp
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- Original List Price$7,950,000
- MLS #RS24095871
- MLS #RS24095871
- Property SubtypeApartment
- Cost7690000
- Acres0.6727
- Utility SourcePublic
- Year Built1989
- Parking Spaces16
- Stories2
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Avinash Narang (#RNAURAVI)
Listing Office: BRC Advisors BH (#RBR1)
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