7947 Garfield Avenue Active

Bell Gardens,CA 90201

$ 7690000

- Bed

0 Bath

21793 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 21,793 sqft

Price per Sqft $352

MLS Listing ID CRRS24095871

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 Listing

Zoning BGCM

Interior

Heating Forced Air

Cooling Central Air

Laundry In Garage

Building

Lot Description Other

Sewer Public Sewer

Water Public

New Construction No

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