Investment Overview

Marcus and Millichap presents 5659 Quinn Street, a 12-unit multifamily property in the high-demand Bell Gardens rental market. The property offers a practical unit mix of 8 two-bedroom units and 4 one-bedroom units, a layout that attracts long-term renters and supports consistent collections. The building is a two story structure with on site parking that includes carports, 4 garage spaces, and open spaces. Each unit is separately metered for electricity and gas, keeping operating costs low. The on site laundry room is owner owned and adds about $400 per month in additional income. The property is offered at a 5.71 percent cap rate and 11.77 GRM, with a 7.32 percent pro forma cap rate and 9.69 pro forma GRM at market rents. Current annual income is $229,392. Market rents support $278,400, a 21.4 percent increase. The location near Eastern Avenue and Jaboneria Road provides quick access to the 710 Freeway and Florence Avenue. The area includes major retailers such as The Bicycle Casino, Big Five Sporting Goods, Food For Less, Dunkin Donuts, IHOP, and Chipotle. Nearby shopping and services meet tenant needs, and the quiet setting with easy freeway access helps maintain steady demand. With stable tenants, solid physical condition, and clear income upside, 5659 Quinn Street offers investors a reliable multifamily asset in one of Los Angeles County’s most consistent rental markets. It is a strong option for buyers seeking dependable income and straightforward management.