7943-7957 Garfield Ave - Apartments FOR SALE


Bell Gardens, CA 90201
$7,690,000 USD
818-288-0697
7943-7957 Garfield Ave, Bell Gardens, CA for Sale
$7,690,000 USD
Apartments - FOR SALE
1/10
null | 5.01% Cap Rate

7943-7957 Garfield Ave
Bell Gardens, CA 90201


OVERVIEW

Rare opportunity to acquire a well-maintained, 16-unit property in Bell Gardens featuring attractive 100% three-bedroom, two-and-a-half bathroom townhomes with an average unit size of ±1,362 square feet, offering a total of 48 bedrooms and 48 bathrooms, complemented by private two-car garages per unit and private patios, boasting spacious layouts designed for family comfort; this property, built in 1989, spans 21,793 square feet and sits on a generous lot of 29,303 square feet, with a current cap rate of 5.01% and a market cap rate of 6.75%, priced at $7,690,000, showcasing well-maintained exteriors with professional landscaping, ample parking including 16 guest spaces and 32 garage spaces, central HVAC units in each unit for year-round comfort, laundry hookups available in all garages, and convenient access to local shopping centers, parks, schools, and major highways, making it an ideal investment opportunity in a community-friendly neighborhood.

FOR SALE DETAILS

PRICE

$7,690,000 USD

PRICE/SF

$353 USD /SF

# OF UNITS

16

PRICE/UNIT

$480,625

CAP RATE

5.01%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1989

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

29,856 SF

ZONING

CM, Bell Gardens

APN/PARCEL ID

6230-013-021

ASK ABOUT THIS PROPERTY

Avi NarangBRC Advisors - BH, Inc.More Info
818-288-0697

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Avi NarangBRC Advisors - BH, Inc.More Info
818-288-0697

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.