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    5848 Ludell St

    Bell Gardens, CA 90201
    • $2,099,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: 20-623670
    UPDATED: 53 min ago
    $2,099,000
    • 10
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,190
      SQFT
    • $404
      $/SQFT

    School Ratings & Info

    Description

    Located in one of the best pockets in the city of Bell Gardens, this is an ultra-rare opportunity to acquire an asset that underwent a fully vacated unit by unit renovation process. Recent improvements include but are not limited to: new tile and vinyl plank flooring, new kitchen cabinets with quartz countertops, new tile bathroom shower enclosures, new exterior paint, plumbing upgrades, and new plumbing/lighting fixtures. The rental income is steady with new tenants that have rigorously vetted during the recent COVID Pandemic. A total of 8 units comprised of 2 (2+1)s and 6 (1+1)s. Separately metered for gas and electricity and individual water heaters combine for the historically low operating expense figures. Plenty of onsite parking is available.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T19:42:39.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/109374419
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    5848 Ludell St Bell Gardens, CA 90201

    • Price: $2,099,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: 20-623670
    10
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    5,190
    SQFT
    $404
    $/SQFT
    1941
    Built
    Neighborhood:
    Bell Gardens, Bell E Of 710, Commerce S Of 26th
    County:
    Los Angeles
    Area:
    Bell Gardens, Bell E Of 710, Commerce S Of 26th
    Property Description
    Located in one of the best pockets in the city of Bell Gardens, this is an ultra-rare opportunity to acquire an asset that underwent a fully vacated unit by unit renovation process. Recent improvements include but are not limited to: new tile and vinyl plank flooring, new kitchen cabinets with quartz countertops, new tile bathroom shower enclosures, new exterior paint, plumbing upgrades, and new plumbing/lighting fixtures. The rental income is steady with new tenants that have rigorously vetted during the recent COVID Pandemic. A total of 8 units comprised of 2 (2+1)s and 6 (1+1)s. Separately metered for gas and electricity and individual water heaters combine for the historically low operating expense figures. Plenty of onsite parking is available.
    Exterior Features

    Lot Size Area 12814 Other Structures None Parking Garage Carport Total Parking 0

    Interior Features

    Baths Total 8.00 Cooling None Equipment None Heating Wall

    Property Features

    Assessed Total Value 306114 Gross Income 160920 Gross Operating Income 156092 Like Units1 2 Like Units2 6 Net Operating Income 111424.00 Number Of Buildings 6 Number Of Units 8 Sale Type Standard Source Living Area Other Source Lot Size Area Other Total Annual Expense 44668 Type Of Units Apartment Year Built Source Vendor Enhanced Zoning Bgr3pd*

    Listing provided courtesy of Enrique Viramontes DRE#01372010 of Remax Commercial And Investment Realty.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-24T19:42:39.35. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355