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6729 Alvina St 4 Unit Apartment Building Offered at $995,000 at a 2.79% Cap Rate Bell Gardens, CA 90201



Investment Highlights
- Excellent Unit Mix: (1) 3 Bed / 1 Bath SFR & (3) 2 Bed 1 Bath
- 2020 Electrical Upgrade: Rewired with New Panels and Wiring
- Separately Metered for Gas & Electricity
- The House is 1,064 SF and Apartments Average 825 SF
- 2018-2020 Improvements: Asphalt, Roof Repairs, Unit Upgrades
- Laundry Hook-Ups in Each Unit
Executive Summary
4 Units in Bell Gardens featuring a front house plus three 2-bedroom units. Approx. 3,539 SF building on an 8,239 SF lot with garage, carport and open parking. Unit mix includes one 3 bed/1 bath house and three 2 bed/1 bath units. House is currently configured as a 4-bedroom without permits. Separately metered for gas and electricity with laundry hookups in each unit. Electrical updated with new panels and wiring around 2020 along with prior asphalt, roof and interior improvements. Current rents approx. $5,264/month with projected market rents around $9,700/month. Buyer to verify all information and rent control regulations.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$63,168
|
$17.85
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$1,895
|
$0.54
|
| Effective Gross Income |
$61,273
|
$17.31
|
| Taxes |
$15,692
|
$4.43
|
| Operating Expenses |
$17,793
|
$5.03
|
| Total Expenses |
$33,485
|
$9.46
|
| Net Operating Income |
$27,788
|
$7.85
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $63,168 |
| Annual Per SF | $17.85 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $1,895 |
| Annual Per SF | $0.54 |
| Effective Gross Income | |
|---|---|
| Annual | $61,273 |
| Annual Per SF | $17.31 |
| Taxes | |
|---|---|
| Annual | $15,692 |
| Annual Per SF | $4.43 |
| Operating Expenses | |
|---|---|
| Annual | $17,793 |
| Annual Per SF | $5.03 |
| Total Expenses | |
|---|---|
| Annual | $33,485 |
| Annual Per SF | $9.46 |
| Net Operating Income | |
|---|---|
| Annual | $27,788 |
| Annual Per SF | $7.85 |
Property Facts
| Price | $995,000 | Property Type | Multifamily |
| Price Per Unit | $248,750 | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 3,539 SF |
| Cap Rate | 2.79% | Average Occupancy | 100% |
| Gross Rent Multiplier | 15.75 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1946 |
| Price | $995,000 |
| Price Per Unit | $248,750 |
| Sale Type | Investment |
| Cap Rate | 2.79% |
| Gross Rent Multiplier | 15.75 |
| No. Units | 4 |
| Property Type | Multifamily |
| Lot Size | 0.19 AC |
| Building Size | 3,539 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 1 | - | 1,064 |
| 2+1 | 3 | - | 825 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 6358-011-021 | Total Assessment | $90,166 (2025) |
| Land Assessment | $22,528 (2025) | Annual Taxes | $15,692 ($4.43/SF) |
| Improvements Assessment | $67,638 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
6358-011-021
Land Assessment
$22,528 (2025)
Improvements Assessment
$67,638 (2025)
Total Assessment
$90,166 (2025)
Annual Taxes
$15,692 ($4.43/SF)
Tax Year
2026
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