7947 Garfield AVE Active

Bell Gardens,CA 90201

$ 7690000

- Bed

- Bath

21793 SqFt


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

Acres 0.6727

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

Other Rooms All Bedrooms Up,Family Room,Kitchen

Interior

Heating Forced Air

Cooling Central Air

Laundry In Garage

Exterior

Parking Features Garage,Parking Space

Garage Spaces 16.0

Pool None

Community Features Sidewalks,Street Lights

Utilities Available Electricity Connected,Natural Gas Connected

Private Pool No

Building

Lot Description 16-20 Units/Acre,Lot 20000-39999 Sqft,Near Public Transit

Story 2

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Special Listing Condition Standard

Confidential INFO

TERMS Cash,Cash To Existing Loan,Cash To New Loan

LIST AGRMT Exclusive Right To Sell

LIST SERVICE Full Service

PRIVATE REMARKS PLEASE, limit the number of people entering the property, one agent & two adult buyers. All people entering the property must wear face masks. Please conduct a safe showing for all parties. Buyer & buyer

SHOW CONTACT TYPE Agent

SHOW CONTACT NAME Avi

SHOW CONTACT PH 818-288-0697

SHOW INSTRUCTIONS Please call Avi at 818-288-0697 for property Tour.

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