Price Reduced Listing
6636 Granger Avenue,Bell Gardens, CA 90201
Bell Gardens, CA 90201
Description
PRICE REDUCED! We are pleased to present 6636 Granger Avenue, a 6-unit multifamily investment opportunity in Bell Gardens. The property shows exceptionally well and has benefited from substantial renovations and capital improvements. According to ownership, five of the six units have been extensively renovated within approximately the last five years, including updated kitchens and cabinetry, remodeled bathrooms, flooring and other interior finishes. Water heaters were also replaced during approximately this period, the roofs were replaced within approximately the last two years, and interior plumbing improvements have been completed. The property consists of six 1-bedroom/1-bath units situated across two detached, single-story buildings on an oversized approximately 11,126-square-foot lot. There is approximately 25% upside in rental income, offering investors additional income growth despite the significant improvements already completed. Each unit features a private patio and two parking spaces, while separate gas and electric meters help minimize owner-paid utility expenses. One unit is currently configured as a 2-bedroom/1-bath but is legally permitted as a 1-bedroom/1-bath.With its strong physical condition, extensive recent improvements and remaining rental upside, 6636 Granger Avenue offers investors the opportunity to acquire an improved asset with additional income growth potential.
Details
| MLS # | 26994079 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1940 |
| Days On Site | 29 |
| Listing Provided By | Remax Commercial and Investment Realty | Nick Petrosian |
Features
| Bed(s) | 6 |
|---|---|
| Bath(s) | 6 |
| SQ Feet | 3,178 |
| Story(s) | 1 |
| Units | 6 |
| Building(s) | 2 |
| Zoning | BGR3* |
| Acreage | 0.26 |
Interior
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
Parking
| Parking Features | Driveway, One Space |
|---|
Area Information
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bell Gardens |
| Zip Code | 90201 |
| Area | T3 Bell Gardens | Bell E of 710 | Commerce S of 26 |
| Listing VS Median (in 90201) | |
Price: $1,195,000 low | high Med: $1,050,000 sqft: 3,178 low | high Med: 2,880 $ / sqft: $376 low | high Med: $365 On site: 29 low | high Med: 127 | |
Market Activity 90201
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Bell Gardens |
| Zip Code | 90201 |
| Area | T3 Bell Gardens | Bell E of 710 | Commerce S of 26 |
| Listing VS Median (in 90201) | |
Price: $1,195,000 low | high Med: $1,050,000 sqft: 3,178 low | high Med: 2,880 $ / sqft: $376 low | high Med: $365 On site: 29 low | high Med: 127 | |
