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For SaleLuxury

$2,699,999

7,501 sqft$360/sqft333 days on market

5659 Quinn Street

Bell Gardens, CA 90201

· 8% down, 7% APR, 30yr fixed

20

Beds

12

Baths

7,501

Square feet

1962

Built

Listing narrative

Description

Attractive 12 unit multifamily property in the high demand Bell Gardens market. The mix includes (8) two bedroom one bath units and (4) one bedroom one bath units that rent well and stay occupied. Current income is $229,392 with market rents supporting $278,400 , giving buyers clear rent upside of about 21.4% . The building offers on site parking with carports, 4 garage spaces, and open spaces. Each unit is separately metered for electricity and gas. The on site laundry room generates about $400 per month in extra income. The layout and features make the property easy to run. Located near Eastern Avenue, Jaboneria Road, the 710 Freeway, and Florence Avenue, the property sits close to major retailers, services, and employment centers. Tenants benefit from quick access to shopping and transit, supporting long term demand in this proven rental area.

Listing agent (MLS): Oscar Diaz · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$2,699,999

Beds

20 bd

Type

House

Home Size

7,501 sqft

Baths

12

Lot Size

0.25 acres

Year

1962

Status

For Sale

Days on Market

333

$ / Sqft

$360

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap