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Key Facts

Type 
Levels Residential Income
Size 3672 sqft
Garage No
Maintenance Fees 
Taxes 
Days Active 11
Approx. Age 1964
Avg. Price Per Sqft $272
MLS® Number 25583621

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

NO RENT CONTROL under Bell City jurisdiction . 6237 ALAMO (4 UNITS $1, 000, 000) TO BE SOLD TOGETHER WITH 6241 ALAMO (4 UNITS $1, 000, 000) FOR A TOTAL PACKAGE PRICE OF $2, 000, 000!Rarely available on the market, this well-maintained 8-unit investment offers a unique opportunity to acquire two neighboring 4-unit buildings sold together as one package. Situated on a 12, 034 SF lot with 7, 344 SF of living area, the property features a desirable 2-bedroom/1-bath unit mix, each with in-unit laundry hookups that support strong tenant demand and long-term retention. The combined property currently generates $12, 560 per month in rental income, with over 40% income upside compared to market rents. All units are fully occupied and current on rent, providing immediate cash flow along with exceptional value-add potential. Recent capital improvements further strengthen the property's appeal and reduce near-term expenses, including a brand-new roof with carport (2023, $52, 500) and new concrete in the alley and backyard (2024, $14, 000). With 12 on-site parking spaces and consistent management, this is a clean, low-maintenance multifamily investment. Conveniently located just minutes from the 710 and 5 freeways, this offering combines stability, strong rental upside, and long-term growth potential- ideal choice for investors seeking value-add opportunities, redevelopment options, or a 1031 exchange. No rent control(Buyer to verify County/State regulations.)Show Description
MLS® Number25583621
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1964
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air
A/CNone
Heating Fuel

Extras

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