Link Copied
$--,---,---
007
  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
Maintenance Fees 
Taxes 
Days Active 88
Approx. Age 1955
MLS® Number CV25059650

Property Address: 

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

Description

*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.Show Description
MLS® NumberCV25059650
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageYes
Approx. Age1955
Stories2
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

Heat
A/CWall Window Units
Heating Fuel

Extras

Similar Listings

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

Get notified of price or status changes by saving this listing