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PENDING
6850 Ira Avenue, Bell Gardens, CA 90201
5
beds
5
baths
2391
ft2
· 11299
ft2 lot
$950,000
$397 / ft2
Listing provided courtesy of KRISTOPHER GERMAN, RE/MAX 2000.
Source CRMLS.
We are pleased to exclusively offer for sale this 5 unit multi-family property located in the city of Bell Gardens. The subject property consists of all single-story construction situated on a 11,299 sqft lot. All units are permitted and legal (Seller has permits for 5th unit.) The unit mix is comprised of 1(2Bed/1Bath), 3(1Bed/1Bath)s, and 1 Studio apartment. All units are separately metered for electricity and gas, and the tenants pay for their own trash expense as well. Tenants are current on rent collections. Tenants enjoy onsite open parking, as well as a private storage shed per unit. The current rental rates are well below market offering a new investor 20+% upside in rental income through capital improvements.
HOA
$—/month
On market
1 month
Year built
1946
Property type
Multi-Family
Parking
6
MLS
CV21071301
Price / Sq.Ft.
$397 / ft2
Status
Pending
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Property Details
Interior Features & Layout
Rooms Info
•   
Average3 Bed Area Units: Square Feet
•   
Average Studio Area Units: Square Feet
•   
Average2 Bed Area Units: Square Feet
•   
Average1 Bed Area Units: Square Feet
Interior Size
•   
Building Area Total: 2391.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Assigned
•   
Garage Spaces: 0.00
•   
Uncovered Spaces: 6.00
Building Info
•   
Building Area Units: Square Feet
•   
Zoning: BGR3*
•   
Num Stories: One
•   
Year Built Source: Assessor
Lot Info
•   
Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
•   
Lot Size Source: Assessor
•   
Elevation Units: Feet
•   
Lot Size Acres: 0.2594
•   
Lot Size Area: 11299.0000
•   
Lot Size Units: Square Feet
Community Info
•   
Number Of Buildings: 5
•   
Total Units: 5
Property Features
•   
Common Walls: No Common Walls
Utilities & Other Information
Utilities
•   
Number Of Separate Electric Meters: 5
•   
Number Of Separate Gas Meters: 5
•   
Number Of Separate Water Meters: 1
Water & Sewer Info
•   
Water Source: Public
•   
Sewer: Public Sewer
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 65766.00
•   
Water Sewer Expense: 2618.00
•   
Other Expense Description: Reserves
•   
Other Expense: 750.00
•   
Maintenance Expense: 2500.00
•   
Cap Rate: 5.00
•   
Fuel Expense: 0.00
•   
Trash Expense: 0.00
•   
New Taxes Expense: 11130.00
•   
Insurance Expense: 1076.00
•   
Vacancy Allowance: 2034
•   
Professional Management Expense: 0.00
•   
Total Expenses: 18074.00
•   
Gross Scheduled Income: 67800.00
•   
Tax Block: 5
•   
Operating Expense: 18074.00
•   
Gross Multiplier: 14.00
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 67800.00
•   
Tax Year: 2020
•   
Taxes: 10617.0
Lease Info
•   
Net Operating Income: 47692.00
Listing Info
•   
Status: Pending
Other
•   
Electric Expense: 0.00
Multi Unit Information
Unit 3 Information
•   
Unit 3 Bedrooms: 1
•   
Unit 3 Actual Rent: 1100.00
•   
Unit 3 Total Units: 1
•   
Unit 3 Furnished Units: Unfurnished
•   
Unit 3 Garage Spaces: 0.00
•   
Unit 3 Bathrooms: 1
•   
Unit 3 Total Rent: 1100.00
Unit 2 Information
•   
Unit 2 Actual Rent: 1100.00
•   
Unit 2 Bedrooms: 1
•   
Unit 2 Total Units: 1
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Garage Spaces: 0.00
•   
Unit 2 Total Rent: 1100.00
Unit 1 Information
•   
Unit 1 Bedrooms: 2
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Garage Spaces: 0.00
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 1400.00
•   
Unit 1 Total Rent: 1400.00
Unit 4 Information
•   
Unit 4 Actual Rent: 1100.00
•   
Unit 4 Total Units: 1
•   
Unit 4 Furnished Units: Unfurnished
•   
Unit 4 Total Rent: 1100.00
•   
Unit 4 Bathrooms: 1
•   
Unit 4 Garage Spaces: 0.00
•   
Unit 4 Bedrooms: 1
Unit 5 Information
•   
Unit 5 Actual Rent: 950.00
•   
Unit 5 Total Units: 1
•   
Unit 5 Furnished Units: Unfurnished
•   
Unit 5 Total Rent: 950.00
•   
Unit 5 Garage Spaces: 0.00
•   
Unit 5 Bathrooms: 1
Multi Unit Information
•   
# Of Units: 5
School Neighborhood & Directions
Location
•   
Community Features: Curbs, Gutters, Sidewalks
School Info
•   
Directions: East of I-710, North of I-105; Near Intersection of E Florence Ave & Ira Ave
Other
Calculation
•   
Dom: 16
•   
Cdom: 16
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 07, 2021 3:50pm
Neighborhood snapshot
32
Properties for sale
8
Median days on market
$376.44
Median sold price/sqft
100.51%
Sold/List %
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Property History
04/22/2021
04/22/2021
CRMLS #CV21071301
pending
CRMLS #CV21071301
$950,000
04/06/2021
04/06/2021
CRMLS #CV21071301
active
CRMLS #CV21071301
$950,000
+53.23%
11/27/2013
11/27/2013
Public Record
sold
Public Record
$620,000
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