Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Apartment

Bedrooms

16

Building size

8,676 sqft

Lot size

16,144 sqft

Year built

1962

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

58

MLS #

246352676

About this property

Prime 16-unit multifamily investment opportunity in the City of Bell. The property features 15 one-bedroom units and one two-bedroom unit, approximately 8,676 square feet of building area on a 16,144 square foot lot, and 20 uncovered parking spaces. Built in 1962, the property offers a desirable unit mix, strong in-place rental income and meaningful long-term rental upside. Conveniently located near major employment centers, schools, shopping and transportation, with easy access to the 710, 5, 101, 105 and 60 freeways. An excellent opportunity for an investor seeking a well-located multifamily asset with value-add potential in a strong rental market. Buyer to independently verify all property information, income, expenses, unit count, square footage, permits and rental data.

Location

6607 Otis

Bell, Los Angeles, CA, 90201