Homes for sale - 5822 Gage AVE, Bell Gardens, CA 90201

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JLee Broker

[email protected] +1(650) 857-1000

Listed by Paul Purunjian • Purunjian Inc.

$2,000,000

Est. payment - /mo

5,505 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPW25264468

Year Built 2024

Lot Size 5,505 Sqft

Property Sub-Type Fourplex

Source California Regional MLS

Property Description

Rare contemporary newly built fourplex in centrally located Bell Gardens. This property is ideal for an owner-user, a 1031 exchange buyer, or a multigenerational family seeking a private compound. As new construction, the building is not subject to rent control. The property can potentially be delivered fully occupied at a 4.83% cap rate, with a pro forma cap rate of approximately 5.33%. The front two detached townhome-style units (Buildings 1 and 2) each feature 3 bedrooms, 2 baths, and an upstairs den that can function as a fourth bedroom, office, or flex space; both are currently rented for $3,495 per month. In Building 3, the ground-floor one-bedroom unit is projected to rent for $2,600 per month, and the upper two-bedroom unit with vaulted ceilings is projected to rent for $3,000 per month, bringing the total projected income to $12,590 per month. The property is professionally managed and offers abundant natural light, gated rear parking, separate electrical meters for all-electric units, drought-tolerant landscaping, designer finishes, and more. Bell Gardens is a strong Southeast Los Angeles rental market known for affordability, high demand, and convenient proximity to the 710, 5, and 105 freeways, providing quick access to Downtown Los Angeles, Long Beach, and LAX. The c

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Interior

Laundry Other

Exterior

Parking Features Other

Pool None

Building

Water District - Public

Others

Tax ID 6330015030

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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5822 Gage AVE Bell Gardens, CA 90201

JLee Broker

Key Details

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