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SOLD 10/28/2022

6809 Vinevale Avenue, Bell, CA 90201$4,250,000

5
beds
2
baths
11424
ft2
· 24330
ft2 lot
$411 / ft2

Listing provided courtesy of Listing Broker: Adam Peterson, CB Richard Ellis, Inc.
Source CRMLS;
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The Vinevale Townhomes is a pride of ownership 13-unit property in the city of Bell, a non-rent control city. A 3-bedroom detached home is located at the front of the property while the remaining 12 units are 2-story townhomes, each 2-bed 1.5-bath. The property is extremely clean with private fenced yards for each unit and ample parking, all situated on a half-acre+ lot. All units measure approximately 875-900sf and are separately metered for gas and electricity. Located around the corner from Bell Elementary and High Schools. Estimated 21% upside in rents and a 5%+ cap rate at market. WalkScore of 74. Subject to AB 1482.

HOA

No HOA

On market

2 months

Year built

1927

Property type

Multi-Family

Parking

26

MLS

22167639

Price / Sq.Ft.

$411 / ft2

Status

Closed

Buyer’s Brokerage Commission

2.5%

Home details for 6809 Vinevale Avenue

Interior Features & Layout
Appliances
•   
Laundry Details: Stackable
•   
Appliances: Disposal
•   
Has Appliances
•   
Laundry: 1
Interior Size
•   
Building Area Total: 11424.00
Property, Lot, Community & Exterior Features
Parking Info
•   
Parking Available: 1
•   
Parking Features: Uncovered, Shared Driveway, Concrete
Building Info
•   
Zoning: BLR3*
•   
Stories Total: 2
•   
Num Stories: Two
Community Info
•   
Number Of Buildings: 5
•   
Total Units: 13
Lot Info
•   
Lot Size Acres: 0.5585
•   
Lot Size Area: 24330.0000
•   
Lot Size Units: Square Feet
Property Type
•   
Architectural Style: Traditional
Property Features
•   
Property Condition: Updated/Remodeled
Utilities & Other Information
Water & Sewer Info
•   
Sewer: Other
Listing Details, Costs & Financing Information
Financial Info
•   
Gross Operating Income: 301418.00
•   
Vacancy Allowance Rate: 0.00
•   
Cap Rate: 3.73
•   
Total Expenses: 126223.00
•   
Gross Multiplier: 15.13
•   
Rent Control Yn: 1
Tax/Assessment Info
•   
Gross Income: 310740.00
Lease Info
•   
Net Operating Income: 175196.00
Listing Info
•   
Status: Closed
Multi Unit Information
Unit 2 Information
•   
Unit 2 Actual Rent: 1945.00
•   
Unit 2 Bedrooms: 2
•   
Unit 2 Total Units: 12
•   
Unit 2 Furnished Units: Unfurnished
•   
Unit 2 Bathrooms: 1
•   
Unit 2 Total Rent: 30600.00
Unit 1 Information
•   
Unit 1 Bedrooms: 3
•   
Unit 1 Total Units: 1
•   
Unit 1 Furnished Units: Unfurnished
•   
Unit 1 Bathrooms: 1
•   
Unit 1 Actual Rent: 2550.00
•   
Unit 1 Total Rent: 2550.00
Multi Unit Information
•   
# Of Units: 2
School Neighborhood & Directions
School Info
•   
Directions: South of Gage Ave., East of Atlantic Ave.
Other
Calculation
•   
Dom: 74

Neighborhood snapshot

19
Properties for sale
8
Median days on market
$408.53
Median sold price/sqft
100.98%
Sold/List %
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walk score® :

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Property History for 6809 Vinevale Avenue

10/28/2022
10/28/2022
CRMLS #22167639
sold
CRMLS #22167639
$4,250,000
--9.57%
06/13/2022
06/13/2022
CRMLS #22167639
active
CRMLS #22167639
$4,700,000

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