Bought with Kristopher German
$1,325,000
$1,325,000
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6029 Live Oak ST Bell Gardens, CA 90201
0.3 Acres Lot
Key Details
Sold Price $1,325,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRCV26155723
Sold Date 10/01/26
Year Built 1963
Lot Size 0.303 Acres
Source California Regional MLS
Property Description
Just Listed! Exceptional opportunity to acquire a 6-unit multi-family investment in the city of Bell Gardens, offered at $1,325,000...only $220,000 per unit! Delivering a strong 6.1% current CAP Rate and 11.46 GRM, this well-performing asset provides excellent day-one cash flow with substantial long-term upside. The property features all 2-Bedroom/1-Bathroom units, a highly desirable unit mix that attracts strong tenant demand. The improvements consist of a front duplex with two single-story units, and two rear duplex buildings constructed in 1975, totaling 5,380 rentable square feet on a 13,216 sq. ft. lot. With 37% upside in rental income, investors have a clear opportunity to significantly increase cash flow over time. Residents enjoy abundant onsite carport and open-space parking, individual washer and dryer hookups, and the benefit of a newly installed driveway and parking surface, enhancing both curb appeal and functionality. Conveniently located near shopping, entertainment, public transportation, and schools, the property is positioned in a well-established rental corridor with consistent tenant demand. Combining strong in-place financials, an attractive price per unit, desirable all 2-bedroom floor plans, and meaningful rental upside, this Bell Gardens offering
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Rooms
Kitchen None
Interior
Heating No Heating
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Carport , Other
Garage Spaces 8.0
Pool 31, None
View None
Roof Type Shingle
Building
Story One Story
Water District - Public
Others
Tax ID 6228003035
Special Listing Condition Not Applicable
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