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$7,690,000

Est. payment - /mo

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21,793 SqFt

Active

7947 Garfield AVE Bell Gardens, CA 90201

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/05/2024 11:14 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 21,793 sqft

Price per Sqft $352

MLS Listing ID RS24095871

HOA Y/N No

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

Zoning BGCM*

Rooms

Ensuite Laundry In Garage

Interior

Interior Features All Bedrooms Up

Laundry Location In Garage

Heating Forced Air

Cooling Central Air

Fireplace No

Laundry In Garage

Exterior

Garage Garage, One Space

Garage Spaces 16.0

Carport Spaces 16

Garage Description 16.0

Pool None

Community Features Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected

Parking Type Garage, One Space

Total Parking Spaces 48

Private Pool No

Building

Lot Description 16-20 Units/Acre, Near Public Transit

Story 2

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6230013021

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan

Special Listing Condition Standard

Listed by Avinash Narang • BRC Advisors BH • 818-288-0697

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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