7947 Garfield Avenue, Bell Gardens, CA 90201

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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.


Interior Features

Laundry Information
Location(s) In Garage
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Features All Bedrooms Up
Cooling Type Central Air

Listing Information

Address 7947 Garfield Avenue
City Bell Gardens
State CA
Zip 90201
County Los Angeles
Listing Agent Avinash Narang DRE #01448548
Courtesy Of BRC Advisors BH
List Price $7,690,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 29,303
Year Built 1989

Listing information courtesy of: Avinash Narang, BRC Advisors BH. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 5th, 2024 at 11:14 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.