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5822 Gage Ave Apartment Building $2,000,000 4.83% Cap Rate Bell Gardens, CA 90201
INVESTMENT HIGHLIGHTS
- Rare contemporary new construction fourplex in centrally located Bell Gardens
- Not subject to rent control (all-new construction)
- Professionally managed
- Ideal for owner-user, 1031 exchange, or multigenerational compound
- Current cap rate: 4.83%
- Two detached townhomes plus a duplex
EXECUTIVE SUMMARY
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 city is anchored by major employers such as The Bicycle Hotel & Casino and features parks, community amenities, ADU-friendly zoning, and nearby shopping including the Citadel Outlets. Long-standing neighborhoods and consistent appreciation make this an excellent opportunity for investors seeking reliable cash flow and long-term value.
PROPERTY FACTS
| Price | $2,000,000 | Building Class | C |
| Sale Type | Investment or Owner User | Lot Size | 0.12 AC |
| Cap Rate | 4.83% | Building Size | 3,334 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2024 |
| Zoning | BGR3* - Multiple Residential | ||
| Price | $2,000,000 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.83% |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 3,334 SF |
| No. Stories | 2 |
| Year Built | 2024 |
| Zoning | BGR3* - Multiple Residential |
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Walk Score®
Very Walkable (78)
PROPERTY TAXES
| Parcel Number | 6330-015-030 | Improvements Assessment | $32,472 |
| Land Assessment | $378,850 | Total Assessment | $411,322 |
PROPERTY TAXES
Parcel Number
6330-015-030
Land Assessment
$378,850
Improvements Assessment
$32,472
Total Assessment
$411,322
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5822 Gage Ave
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