Property Details
About this Property
An amazing 7-unit, multi-family property in Bell, with large units, five structures all spread out on a huge lot. The unit mix includes three 2 bedroom, 1 bathroom units as well as two 2 bedroom, 2 bathroom units and one 3 bedroom, 1 bathroom house single story built in 1947. There is also a brand new, 1 bedroom, 1 bathroom ADU. The 2 bedroom 2 bathroom plus laundry room which is the front house was built in 1936, while the other five units were constructed in 1990 (and the ADU is brand new). The complex features 2 two car garages, 3 one car garages and several surface parking spots. Owners have paid for 3 new roofs on the Townhome units within the last 2-2.5 years. Owners also purchased new laundry equipment which is about 12 months old and is included in purchase. Owners delivering near a 6% cap rate with another 2 units recently rented and renovated, so very profitable and financing is available with 40%- 50% down payment at 6.0% Fixed rate for 5 years with 30 year amortization. Three of the six original units have been completely modernized and owners delivering 2 more units ( mentioned above). Renovations include; new bathrooms & kitchens & counters with completely new paint light fixtures new vinyl plank floors, copper-plumbing, fixtures and HVAC. The new ADU
MLS Listing Information
MLS #
CRSB24181058
MLS Source
California Regional MLS
Interior Features
Cooling
Central Forced Air
Heating
Central Forced Air
Exterior Features
Roof
Shingle
Parking, School, and Other Information
Garage/Parking
Attached Garage, Garage, Other, Garage: 10 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 6 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
6703 Vinevale Ave is a Residential Income in Bell, CA 90201. This – square foot property sits on a 16,365 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,435,000 and was built in 1947. This address can also be written as 6703 Vinevale Ave, Bell, CA 90201.
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This listing information is up-to-date as of December 21, 2024. For the most current information, please contact William Mulkey, (310) 919-7554
