7947 Garfield Avenue, Bell Gardens, CA 90201
  • MLS#: RS24095871 ( Apartment )
  • Street Address: 7947 Garfield Avenue
  • Viewed: 2
  • Price: $7,690,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1989
  • Bldg sqft: 0
  • Days On Market: 183
  • Additional Information
  • County: LOS ANGELES
  • City: Bell Gardens
  • Zipcode: 90201
  • Provided by: BRC Advisors BH
  • Contact: Avinash Avinash
  • California Regional MLS IDX
  • DMCA Notice
  • 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 Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 21793.00
Carport Spaces
  1. 16.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
Country
  1. US
Days On Market
  1. 150
Electric Expense
  1. 1140.00
Entry Location
  1. Front
Fuel Expense
  1. 0.00
Garage Spaces
  1. 16.00
Gardner Expense
  1. 3000.00
Heating
  1. Forced Air
Insurance Expense
  1. 14165.00
Laundry Features
  1. In Garage
Levels
  1. One
Lockboxtype
  1. None
Lot Features
  1. 16-20 Units/Acre
  2. Lot 20000-39999 Sqft
  3. Near Public Transit
Netoperatingincome
  1. 385168.00
Newtaxesexpense
  1. 96462.00
Number Of Separate Electric Meters
  1. 17
Number Of Separate Gas Meters
  1. 17
Otherexpense
  1. 3000.00
Otherexpensedescription
  1. Reserve
Otherincome1
  1. 6300.00
Otherincome2
  1. 1248.00
Otherincomedescription
  1. Pets
Parcel Number
  1. 6230013021
Parking Features
  1. Garage
  2. Parking Space
Pest Control Expense
  1. 1200.00
Pool Features
  1. None
Professionalmanagementexpense
  1. 16791.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 414629218:CRM
Tenant Pays
  1. Electricity
  2. Gas
Totalactualrent
  1. 46213.40
Totalexpenses
  1. 174850.00
Trash Expense
  1. 8196.00
Uncovered Spaces
  1. 16.00
Utilities
  1. Electricity Connected
  2. Natural Gas Connected
Vacancyallowance
  1. 11091
Water Sewer Expense
  1. 13200.00
Water Source
  1. Public
Workmanscompensationexpense
  1. 7200.00
Year Built
  1. 1989
Year Built Source
  1. Public Records
Zoning
  1. BGCM*