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790 Ferrari Ln

Ontario, CA 91764

1 909 294 2593

kris@theapartmentdealer.com

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5 Units in Bell

6715 Otis Ave, Bell, CA 90201, USA
$835,000$167,000/Per Unit

Description

Property Description

  • Pride of Ownership With a Number of Upgrades: Windows, Paint, Cabinetry, Flooring, Etc.
  • 5 Single Story Units – 3 Separate Structures
  • Partial Copper Plumbing
  • Individual Laundry Hook-Ups in 3 Units
  • Onsite Garage & Open Space Parking Available
  • Strong Rental Rates in Place

We are pleased to offer for sale this 5 Unit multi-family investment located in the city of Bell. The subject property is comprised of all single story residential units spread amongst 3 separate buildings. The front structure is a duplex style building with 2(1Bed/1Bath) units. The second building is a stand alone cottage style unit which is a 1Bed/1Bath unit. The last structure to the rear consists of 2 studio units of which were recently renovated with new cabinetry, flooring and fixtures. Tenants enjoy garage parking (5 garages) as well as gated private entry. All units are separately metered for electricity and gas, with the exception of the last 2 units which are mastered metered. Some units have interior washer/dryer hookups. Additionally, the plumbing has been partially upgraded to copper, and a portion of the windows have been upgraded to vinyl. With the current rental rates in place the subject property offers a 5.75% CAP RATE and a significant cash-on-cash return for the next investor.

  • Address: Otis Ave
  • City: Bell
  • State/county: California
  • Zip/Postal Code: 90201
  • Country: United States

Detail

Updated on June 20, 2018 at 12:25 pm

  • Price: $835,000
  • Property Size: 2085 SqFt
  • Land Area: 7923 SqFt
  • Year Built: 1939
  • Property Type: Multi Family
  • Property Status: Closed Listing, Sold

Additional details

  • # of Units: 5
  • Unit Mix: 3 (1+1), 2 (Studio)
  • Zoning: BLR3YY

WalkScore

walkscore74 / Very Walkable more details here

Contact info

Emanuel Alvarez
Emanuel Alvarez
(909) 294-2607(714) 429-6682
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443

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