7751 SCOUT Avenue Bell Gardens, CA 90201
An amazing 5-unit, fully-leased multi-family property in Bell Gardens. The property is not subject to rent control and is zoned BGR3PD*. The unit mix includes three 2 bedroom, 1 bathroom units as well as two 1 bedroom, 1 bathroom units. Two of the five units in the complex feature their own, private laundry rooms. The complex also features 4 surface parking spots, and 2 surface tandem parking spaces. The current cap rate is 3.3%, and projected rent per month equals $6,850, which is a 5% cap rate. Landlord has not increased rent for years. Landlord stated that the city will not allow the rebuilding of apartment units on the property as it is non-conforming, however, the property may be rebuilt as industrial.NON RENT CONTROL WITH LOTS OF UPSIDE, Directions From 710 Freeway, exit Firestone Blvd, turn right onto Garfield Ave, right on Clara St, right on Scout Ave.
Interior Features Include:No Information Available.
Exterior Features Include:
Acreage: 0.2200 Acres
Description Sprinklers None
Square Feet 9615
Other Features Include:No Information Available.
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