5540 Clara Street, Bell Gardens, CA 90201

$1,650,000

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List Price
$1,650,000
Price Change
▼ $100,000 1787949485
Status
ACTIVE
MLS#
CV26157921
Year Built
1965
Lot Size
22,403
Acres
0.51
Lot Location
0-1 Unit/Acre
Days on Market
44
Property Type
Multifamily
Style
Bungalow
Property Sub Type
Apartment
Stories
One Level

Property Description

Rare opportunity to acquire a 7-unit multi-family property featuring all single-story construction on a large 22,400+ sq. ft. lot. Offering a unique combination of detached cottages and duplex structures, this property provides the privacy and appeal of individual homes while delivering the economies of scale of a multifamily investment. The diverse unit mix includes a 4-Bedroom/1.5-Bath detached cottage, a 3-Bedroom/1-Bath detached cottage, a 2-Bedroom/1-Bath detached cottage, and two duplexes consisting of one 3-Bedroom/2-Bath unit, one 3-Bedroom/1-Bath unit, and two 1-Bedroom/1-Bath units. This variety of floor plans accommodates a broad range of tenant needs, supporting strong occupancy and long-term rental demand. Residents enjoy onsite garage and open-space parking along with individual washer and dryer hookups, amenities that continue to enhance tenant satisfaction and retention. Ideally located near shopping, entertainment, schools, and public transportation, the property is positioned within a well-established rental corridor. From an investment standpoint, the asset offers tremendous upside and strong current financials. With projected market financials of a 9.28% CAP Rate and 8.04 GRM, investors have a clear opportunity to substantially increase income and unlock significant long-term value. Combining desirable single-story construction, a large land parcel, an exceptional unit mix, and outstanding value-add potential, this is a compelling opportunity for investors seeking both immediate stability and future growth. Bell Gardens offers investors a rare combination of density, connectivity, and durable rental demand in the heart of Southeast Los Angeles. Home to roughly 37,000 residents packed into just 2.5 square miles, the city is overwhelmingly renter-occupied, nearly 78% of households rent, with an average household size near four people, driving consistent demand for family-sized multi-family units. Its strategic location near the 710, 5, 101, 105, and 60 freeways puts residents minutes from major employment centers across Vernon, Commerce, and Downtown Los Angeles. With a historically low rental vacancy, Bell Gardens continues to deliver the kind of stable occupancy and long-term cash flow investors seek in one of Southeast LA's most resilient rental markets.

Additional Information

Pool Description
None
Heat
None
Cooling Description
None
View
None
Roof
Shingle
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
7
Gross Scheduled Income
$143,628
Operating Expense
45938

Listing courtesy of Listing Agent: Kristopher German (kris@theapartmentdealer.com) from Listing Office: RE/MAX 2000 REALTY.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.