Est. cap rate

3.5%

Assumed rent, all units

$5,850/mo

Units

3

Price per unit

$333,333

Est. annual NOI

$35,100

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.

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

Triplex

Bedrooms

3

Building size

2,020 sqft

Lot size

11,938 sqft

Year built

1959

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

1

MLS #

247633158

About this property

RARE BELL GARDENS TRIPLEX WITH MULTIPLE INCOME STREAMS! This exceptional investment opportunity features three 2-bedroom, 1-bath units, offering an ideal setup for an investor or owner-occupant looking to live in one unit while collecting rental income from the others. Plenty of on-site parking adds significant convenience and value, especially for a property located directly on a main street. Adding even more appeal, the owner currently receives rental income from TWO billboard signs on the property, creating an additional income stream beyond the three residential units. Located in a highly convenient area of Bell Gardens, the property provides easy access to major freeways, shopping centers, grocery stores, and everyday amenities, making commuting and getting around the surrounding areas a breeze. With its three residential units, ample parking, billboard income, and strong rental demand, this is a unique opportunity to acquire a multifamily property in an area where opportunities like this don't come along often.

Location

5929 Florence Avenue

Bell Gardens, Los Angeles, CA, 90201