8042 Jaboneria Road, Bell Gardens (90201)
$1,650,000
0 
0
6,713
PROPERTY DETAILS
| Address: |
view address Bell Gardens, CA 90201 Map Location |
Features: | Multi-level |
|---|---|---|---|
| Square Feet: | 6,713 sq.ft. | Lot Size: | 18078.0 |
| Year Built: | 1954 | Property Type: | Apartment |
| County: | Los Angeles | List Date: | 2024-08-05 |
| Listing Number: | SB24145562 | Listed By: | Lyon Stahl Investment Real Estate, Inc. |
| Listing Office: | 310-259-7556 | Days on market: | 40 |
PROPERTY DESCRIPTION
Currently Two Single Family Homes and one Duplex on oversized 18k sqft lot. A large portion of the lot is completely undeveloped and is already entitled and fully approved for 4 more units (Two Duplexes) which have permits Ready to Issue and buyer can begin construction immediately. One of the homes was completely remodeled in 2023 and is collecting $2,595 in rent. All tenants are quality people and not only have zero issues but are wonderful people to work with and pay rent on time. Property is being offered at $1,650,000 which is significantly cheaper than many four unit buildings nearby that have sold with smaller lots and no approved plans. The fully approved plans give a buyer the immediate ability to significantly increase the cash flow of the property. Bids are available by request. Total construction cost for four units estimated $550k and will return to buyer $10,800 monthly or $129,600 annually or a 23% annualized return on the new 4 unit built. New construction buildings sell for an average of $509k/unit.
Contact Buyer Agent
Interior
Features
| Laundry Features: | Inside | Laundry: | Yes |
Exterior
Pool and Spa
| Pool Features: | None |
Parking
| Garage spaces: | 4 |
Property and Lot Details
Other
| Sewer: | Public Sewer |
Fee
| Special Listing Conditions: | Standard |
Building Information
| Year Built: | 1954 | Stories: | 2 |
Lot
| Lot Dimensions: | 18078.0 |
Construction
| Building Area total: | 6713.0 |
Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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Community information and market data Powered by Onboard Informatics. Copyright ©2024 Onboard Informatics. Information is deemed reliable but not guaranteed.
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person’s eligibility to attend a school or to use or benefit from other city, town or local services.
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