6608 Ira, Bell Gardens, CA 90201

$1,099,999

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List Price
$1,099,999
Status
ACTIVE
MLS#
CV26179181
Year Built
1947
Lot Size
11,139
Acres
0.26
Lot Location
0-1 Unit/Acre
Days on Market
0
Property Type
Multifamily
Property Sub Type
Mixed Use

Property Description

Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential. The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking. At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations. With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time. Conveniently located near shopping, transportation, major freeways, and other local amenities.

Additional Information

Pool Description
None
Cooling
Yes
Cooling Description
See Remarks
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
5
Gross Scheduled Income
$81,468

Listing courtesy of Listing Agent: Alan Ramirez (TheLAPropertyPro@gmail.com) from Listing Office: REAL BROKERAGE TECHNOLOGIES.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.