6850 Ira Ave
Bell Gardens, CA 90201
Multifamily Property For Sale
·
5 Units
Property Facts
| No. Units | 5 | Building Size | 2,391 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1926 |
| Lot Size | 0.26 AC | Parking Ratio | 2.51/1,000 SF |
| Zoning | BGR3* | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.26 AC |
| Building Size | 2,391 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1926 |
| Parking Ratio | 2.51/1,000 SF |
| Zoning | BGR3* |
About 6850 IRA AVE , BELL GARDENS, CA 90201
Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire 6850 Ira Avenue, a 5-unit multifamily investment property located in Bell Gardens, California. Located in Southeast Los Angeles, the city of Bell Gardens is part of one of the gateway cities. Today, Bell Gardens is known for its manufacturing, retail specialty shops, hotels, excellent restaurants, and world class gaming and entertainment businesses. The city is home to The Bicycle Hotel and Casino, it’s top employer and a major source of tax revenue for the city. Additionally, Bell Garden’s low vacancy rate (3.10 percent) and strong rental growth (7.70 percent year-over-year, 1Q 2018) make Bell Gardens an attractive market for investors. Situated on a 0.26-acre lot, the 2,391 square foot property consists of single, one-, and two-bedroom floor plans. Built in 1926, 6850 Ira Avenue offers amenities including open parking, security doors, private backyards, and single-story units.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | $900.00 | - |
| 1+1 | 3 | $1,050 | - |
| 2+1 | 1 | $1,350 | - |
Property Taxes
| Parcel Number | 6329-009-025 | Improvements Assessment | $454,621 |
| Land Assessment | $681,932 | Total Assessment | $1,136,553 |
Property Taxes
