*NEW PRICE* We are pleased to exclusively offer for sale this 7 Unit "Cash-Cow" property located in the city of Bell. Priced at a current 6.90% CAP Rate, 10 GRM, this property is optimally configured with a variety of living spaces, including one 2-Bedroom/1-Bathroom unit, four 1-Bedroom/1-Bathroom units, and two Studio apartments, collectively comprising 4,266 rental square feet set on a 7,571 square foot lot.
Each unit is separately metered for electricity and gas, allowing for straightforward utility handling. The majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. Tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention.
Financially, this property stands out with a current 6.90% CAP Rate and a 10.04 Gross Rent Multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. This multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.
Each unit is separately metered for electricity and gas, allowing for straightforward utility handling. The majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. Tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention.
Financially, this property stands out with a current 6.90% CAP Rate and a 10.04 Gross Rent Multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. This multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.
Property Details
Price:
$1,675,000
MLS #:
CV25059650
Status:
Active
Baths:
0
Address:
6335 Loma Vista Avenue
Type:
Residential Income
Subtype:
Apartment
Neighborhood:
t3bellgardensbelleof710commercesof26
City:
Bell
Listed Date:
Mar 18, 2025
State:
CA
ZIP:
90201
Lot Size:
7,571 sqft / 0.17 acres (approx)
Year Built:
1955
See this Listing
Mortgage Calculator
Schools
Interior
Cooling
Wall/ Window Unit(s)
Fireplace Features
None
Exterior
Community Features
Sidewalks
Fencing
Brick
Garage Spaces
7.00
Lot Features
0-1 Unit/ Acre
Parking Features
Garage
Parking Spots
7.00
Pool Features
None
Roof
Shingle
Sewer
Public Sewer
Spa Features
None
Stories Total
2
View
None
Water Source
Public
Financial
Association Fee
0.00
Tenant Pays
Electricity, Gas
Utilities
Electricity Available, Natural Gas Available, Sewer Available, Water Available
Map
Community
- Address6335 Loma Vista Avenue Bell CA
- AreaT3 – Bell Gardens, Bell E of 710, Commerce S of 26
- CityBell
- CountyLos Angeles
- Zip Code90201
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6335 Loma Vista Avenue
Bell, CA
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