6% CAP Rate | $220,000/Unit | All 2 Bd/1 Bth 6029 Live Oak St 6 Unit Apartment Building $1,325,000 ($220,833/Unit) 6.11% Cap Rate Bell Gardens, CA 90201

Just Listed! Kristopher German of The Apartment Dealer team is pleased to offer this exceptional opportunity to acquire a 6-unit multi-family investment in the city of Bell Gardens, offered at $1,325,000...only $220,000 per unit! Delivering a strong 6.1% current CAP Rate and 11.46 GRM, this well-performing asset provides excellent day-one cash flow with substantial long-term upside.
The property features all 2-Bedroom/1-Bathroom units, a highly desirable unit mix that attracts strong tenant demand. The improvements consist of a front duplex with two single-story units, and two rear duplex buildings constructed in 1975, totaling 5,380 rentable square feet on a 13,216 sq. ft. lot. With 37% upside in rental income, investors have a clear opportunity to significantly increase cash flow over time.
Residents enjoy abundant onsite carport and open-space parking, individual washer and dryer hookups, and the benefit of a newly installed driveway and parking surface, enhancing both curb appeal and functionality. Conveniently located near shopping, entertainment, public transportation, and schools, the property is positioned in a well-established rental corridor with consistent tenant demand.
Combining strong in-place financials, an attractive price per unit, desirable all 2-bedroom floor plans, and meaningful rental upside, this Bell Gardens offering presents an outstanding opportunity for investors seeking immediate income with significant value-add potential.