7947 Garfield AVE Active Save Request In-Person Tour Request Virtual Tour
Bell Gardens,CA 90201
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS24095871
Year Built 1989
Lot Size 0.673 Acres
Property Description
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.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGCM*
Interior
Heating Forced Air
Cooling Central Air
Laundry In Garage
Exterior
Parking Features Garage,One Space
Garage Spaces 16.0
Garage Description 16.0
Pool None
Community Features Street Lights,Sidewalks
Utilities Available Electricity Connected,Natural Gas Connected
Building
Lot Description 16-20 Units/Acre,Near Public Transit
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to Existing Loan,Cash to New Loan
Listing Terms Cash,Cash to Existing Loan,Cash to New Loan
Special Listing Condition Standard