6636 Otis Ave | Bell, CA 90201
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6636 Otis Ave
Bell, CA 90201
Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Seven 1 bed/1 bath units and two 2 bed/1 bath units
- 14 total parking spaces on property- 10 total in the front (combination of tuck under and surface) and 4 in the rear (two garages and surface spaces
- Core Bell location with no municipal rent control (subject to AB1482)
- Delivered with one vacancy (one bedroom unit)
- 12.56 GRM on current rents with up to 30% upside on current rental rates to market
- ADU potential, particularly in the rear garages of the property
PROPERTY FACTS
| No. Units | 9 | Lot Size | 0.20 AC |
| Property Type | Multifamily | Building Size | 6,444 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1958 |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Zoning | BLR3YY | ||
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,444 SF |
| No. Stories | 2 |
| Year Built | 1958 |
| Parking Ratio | 1.4/1,000 SF |
| Zoning | BLR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 7 | - | - |
| 2+1 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 6325-011-005 | Improvements Assessment | $1,020,000 |
| Land Assessment | $943,500 | Total Assessment | $1,963,500 |
PROPERTY TAXES
Parcel Number
6325-011-005
Land Assessment
$943,500
Improvements Assessment
$1,020,000
Total Assessment
$1,963,500
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