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Quadruplex at 8022 Felix
$1,299,000
8022 Felix
Bell Gardens, Los Angeles, 90201
Quadruplex · 4 units
Active · 24 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$7,800/mo
Units
4
Price per unit
$324,750
Est. annual NOI
$46,800
Expense assumption
50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

5.0%
50%
25%
7.00%
Effective gross income
$88,920
Operating expenses
$44,460
Net operating income
$44,460
Annual debt service
$77,781
Annual cash flow
-$33,321
Cash on cash return
-10.3%
Down payment
$324,750

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type
Quadruplex
Bedrooms
4
Building size
3,302 sqft
Lot size
12,079 sqft
Year built
1958
Stories
1
Garage spaces
2
Heating
Wall Furnace
Pool
None
Status
Active
Days on market
24
MLS #
241421686

About this property

Great investment opportunity in the heart of Bell Gardens! This income-producing property is now fully vacant, offering a rare chance for investors or owner-users to set rents at current market rates. The property has been well maintained and features separate utility meters, keeping operating costs efficient. While the units are not recently remodeled, they present strong value-add potential for upgrades and increased rental income. Ideal for investors looking to maximize cash flow or customize units to attract high-quality tenants. Located in a desirable area with convenient access to local amenities, schools, and major freeways.

Location

8022 Felix

Bell Gardens, Los Angeles, CA, 90201

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

8022 Felix, Bell Gardens CA | Multifamily for Sale