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6620 Crafton Ave
Bell, CA 90201

Residential Property For Sale · 5 Units

Investment Highlights

  • Approved ADU plans.
  • 5 Parking garage and 2 surface tandem parking spaces.
  • All 5 units have been recently renovated.

Executive Summary

An amazing 5-unit, fully-renovated multi-family property in Bell. There are five 1 bedroom, 1 bathroom units. All five units have been upgraded with new flooring, windows, plumbing, fixtures and ductless split system HVAC units. The complex features 5 parking garages, and 2 surface tandem parking spaces. All five units are leased and occupied, with Unit E having just been rented in August 2024. There is also potential to add an ADU in the existing garage area. Plans for an ADU have been completed and will be turned over to the new owner.

PROPERTY FACTS Under Contract

Price Per Unit £213,861
Sale Type Investment
Net Initial Yield 6.20%
No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.24 AC
Building Size 3,040 SF
Average Occupancy 100%
Number of Floors 1
Year Built 1948
Parking Ratio 2.3/1,000 SF

Unit Amenities

  • Air Conditioning
  • Storage Space
  • Heating
  • Kitchen
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 5 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6327-028-006
Land Assessment
£462,308
Improvements Assessment
£210,140
Total Assessment
£672,448

zoning

Zoning Code R3 (One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations)
R3 (One-Family Dwellings, Two-Family Dwellings, Apartment Houses, Multiple Dwellings, Home Occupations)
  • Listing ID: 33449366

  • Date on Market: 08/10/2024

  • Last Updated:

  • Address: 6620 Crafton Ave, Bell, CA 90201

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