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Multifamily

6834 Colmar Ave

6834 Colmar Ave, Bell Gardens, CA 90201

Listing Price: $1,700,000

Cap Rate
4.99%
Number of Units
5
Occupancy
97.0%
Price/Unit
$340,000
Price/Gross SF
$435.45
Gross SF
3,904

Investment Overview

The subject property is a five unit apartment complex situated on approximately 1/3 of an acre in the City of Bell Gardens. The property has an excellent unit mix of all two bedroom one bath units which are all single story and detached . All units are separately meter for utilities and each have their own hot water heater. The property is in close proximity to shopping, restaurants, schools and parks with a Walking Score of 83 "Very Walkable" Bell Gardens is a working class community located approximately 10 miles South East of Downton Los Angeles. Over 75% of the cities housing stock is used as rentals. The city is home to the Bicycle Club Hotel & Casino which is located just blocks form the subject property. Bell Gardens also enjoys easy access to the 710, 5, and 105 freeways.

Investment Highlights

  • Single story detached units
  • Separate utility meters
  • Individual hot water heaters

Exclusively Listed By

Multifamily

6834 Colmar Ave

Listing Price: $1,700,000

Cap Rate
4.99%
Number of Units
5
Occupancy
97.0%
Price/Unit
$340,000
Price/Gross SF
$435.45
Gross SF
3,904

Investment Highlights

  • Single story detached units
  • Separate utility meters
  • Individual hot water heaters

Investment Overview

The subject property is a five unit apartment complex situated on approximately 1/3 of an acre in the City of Bell Gardens. The property has an excellent unit mix of all two bedroom one bath units which are all single story and detached . All units are separately meter for utilities and each have their own hot water heater. The property is in close proximity to shopping, restaurants, schools and parks with a Walking Score of 83 "Very Walkable" Bell Gardens is a working class community located approximately 10 miles South East of Downton Los Angeles. Over 75% of the cities housing stock is used as rentals. The city is home to the Bicycle Club Hotel & Casino which is located just blocks form the subject property. Bell Gardens also enjoys easy access to the 710, 5, and 105 freeways.

Exclusively Listed By

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