$1,215,000   ♡   Bell Gardens, CA 90201 7 bed 5 bath 3,612 SqFt ($336/SqFt) 0.31 acre lot. Built 1942 Listed 2024-03-08, Taxes $10,148 | Ⓧ USDA Ineligible due to price & location near Bell Gardens |
VERY RARE R3 ZONING on 3 UNITS with an OVERSIZED LOT.
* Sale Pending *Demolish and build at least 6 units r keep and rent out. Cap rate at CURRENT rents is 5.2%! Owner may be willing to evict or help raise rent. Three addresses are 5912 (922 sq 2BR), 5910 (1986 sq 3 BR) and 5906 (704 SQ 2 BR) Ludell St. 5910 Ludell is two stories with ONLY the bottom floor rented out - you can still immediately rent out the top and get at least an extra $2, 000 a month and a cap rate of over 7%. And that's WITHOUT raising rents or evicting tenants!
There is a filled pool in the back that can be reinstated to add a swimming pool! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's ? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now! Buyer to verify all information. Please find in supplements Property Survey and Bell Gardens R3 Zoning rules.
Presented by Julian Park at
Park Regency Realty.
Property MLS #SR24044259 from CRMLS
Lot Size Acres: 0.3067
Lot Size Source: Assessor
Lot Size Square Feet: 13360
Parking Total: 2
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 1
Unit-1 Garage Spaces: 2
Tenant Pays: All Utilities
County: Los Angeles
Source Property Type: Residential Income
Insurance Expense: 1500.00
Area: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
Source Neighborhood: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Number of Separate Water Meters: 3
Parcel Number: 6329006034
Zoning: BGR3X
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $478,564 + $77,475 $556,039 | $10,148 |
| 2021 | $469,181 + $75,956 $545,137 | $9,580 |
| 2020 | $464,371 + $75,178 $539,549 | $9,495 |
| 2019 | $455,266 + $73,704 $528,970 | $9,212 |
| 2018 | $446,340 + $72,259 $518,599 | $8,892 |
| 2017 | $437,589 + $70,843 $508,432 | $8,673 |
| 2016 | $429,009 + $69,454 $498,463 | $8,428 |
| 2015 | $422,565 + $68,411 $490,976 | $7,844 |
| 2014 | $414,288 + $67,071 $481,359 | $7,641 |
| 2013 | $412,416 + $66,768 $479,184 | $7,299 |
| 2012 | $404,330 + $65,459 $469,789 | $7,201 |
| 2010 | $155,795 + $64,176 $219,971 | $3,832 |
| 2009 | $154,999 + $63,849 $218,848 | $3,766 |
| 2009 | $154,631 + $63,697 $218,328 | $3,766 |
| 2008 | $151,960 + $62,598 $214,558 | $3,422 |
| 2007 | $148,981 + $61,371 $210,352 | $3,260 |
$1,215,000
CRMLS
Sold 1977-10-07
$72,000
Public Record
Year Built: 1942
Building Features: 3
Common Walls: No Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 82
Building Total Stories: 2
Structure Type: Triplex
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.