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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
Sold for$698,500$139,700/Per Unit

Description

We are pleased to offer for sale this 5 unit multi-family investment in the city of Bell. The subject property is comprised of all single-story construction with the rental units spread amongst 4 separate structures. Tenants enjoy onsite garage parking (5 garage spaces) and private entry. All units with the exception of the units situated in the last structure (2 units) are separately metered for electricity and gas. For those two units, the owner pays for all utilities. The current owner has kept the rental rates well below market level offering the next investor an opportunity to raise rents as they improve the property.

  • Address: 6715 Otis Ave
  • City: Bell
  • State/county: California
  • Zip/Postal Code: 90201
  • Country: United States

Detail

Updated on April 17, 2018 at 12:26 pm

  • Price: Sold for $698,500
  • 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
  • Cap Rate: 3.61
  • GRM: 15.46
  • We Represented: Seller/Buyer
  • Close of Escrow: 11/30/17

WalkScore

walkscore77 / Very Walkable more details here

Contact info

Emanuel Alvarez
Emanuel Alvarez
(909) 294-2599(714) 429-6682
Kristopher German
Kristopher German
(909) 294-2593(909) 645-0443
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