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7114 El Selinda Avenue

Bell Gardens CA 90201

2
1
5000 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

DUPLEX IN BELL GARDENS WITH CONVERTED GARAGE (buyer to verify permits). Could be 3 units with option to expand and build 4+ units! Two-two bedroom units with full bathroom and both have washer/dryer hookup! The garage has 1 bedroom and 2 bathrooms, along with a living room and kitchen. There are still 2 more garage spots available! There is also plenty of parking next to it. VERY RARE R2 ZONING on 3 UNITS. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents if you rent out the 3rd unit is 4.5%! Owner may be willing to help raise rent. And that's WITHOUT raising rents or evicting tenants! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now!

Features

2 bedrooms
1 bathroom
5000 sq. ft. lot size
Multi-Family

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Local market activity for 2 bedroom multi families in Bell Gardens

In the last 12 months, 1 two-bedroom multi family similar to 7114 El Selinda Avenue, have been sold.

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