$1,325,000
$1,325,000
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6029 Live Oak ST Bell Gardens, CA 90201
0.3 Acres Lot
Key Details
Sold Price $1,325,000
Property Type Other Types
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV26155723
Sold Date 10/01/26
HOA Y/N No
Year Built 1963
Lot Size 0.303 Acres
Property Sub-Type Apartment
Property Description
Just Listed! Exceptional opportunity to acquire a 6-unit multi-family investment in the city of Bell Gardens, offered at $1,325,000...only $220,000 per unit! Delivering a strong 6.1% current CAP Rate and 11.46 GRM, this well-performing asset provides excellent day-one cash flow with substantial long-term upside.
The property features all 2-Bedroom/1-Bathroom units, a highly desirable unit mix that attracts strong tenant demand. The improvements consist of a front duplex with two single-story units, and two rear duplex buildings constructed in 1975, totaling 5,380 rentable square feet on a 13,216 sq. ft. lot. With 37% upside in rental income, investors have a clear opportunity to significantly increase cash flow over time.
Residents enjoy abundant onsite carport and open-space parking, individual washer and dryer hookups, and the benefit of a newly installed driveway and parking surface, enhancing both curb appeal and functionality. Conveniently located near shopping, entertainment, public transportation, and schools, the property is positioned in a well-established rental corridor with consistent tenant demand.
Combining strong in-place financials, an attractive price per unit, desirable all 2-bedroom floor plans, and meaningful rental upside, this Bell Gardens offering presents an outstanding opportunity for investors seeking immediate income with significant value-add potential.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Zoning BGR3*
Interior
Heating None
Cooling Wall/Window Unit(s)
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Carport, Paved
Carport Spaces 4
Fence Block, Chain Link
Pool None
Community Features Street Lights, Sidewalks
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
View Y/N No
View None
Roof Type Shingle
Accessibility None
Total Parking Spaces 8
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Entry Level One,Two
Sewer Public Sewer
Water Public
Level or Stories One, Two
New Construction No
Others
Senior Community No
Tax ID 6228003035
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Kristopher German RE/MAX 2000 REALTY