$2,300,000

3510 Nevada St Bell, CA 90201

Estimated payment $14,351/month

Total Views 16,759
12 Beds
6 Baths
5,062 Sq Ft
$454 Price per Sq Ft

Highlights

  • No HOA
  • Accessible Parking
  • Wall Furnace
  • Laundry Room
  • Block Wall Fence

About This Home

All 2 bd/1 baths, carport parking and on site laundry. Laundry equipment isn't leased. Electric upgrade for entire building was done this year. Great location on a quiet street. Perfect unit mix. High maintenance expense last year because major electrical work was performed on entire building per insurance request.

Listing Agent

Kevin Yee

Property Leaders Brokerage Phone: 949-680-5519 License #02154195 Listed on: 02/22/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 7,508 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Chain Link Fence
  • Density is 6-10 Units/Acre

Home Design

  • Apartment
  • Entry on the 1st floor
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 5,062 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 6 Parking Spaces
  • 6 Carport Spaces
  • Parking Available
  • Assigned Parking

Accessible Home Design

  • Accessible Parking

Utilities

  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 30
  • Assessor Parcel Number 6324012011

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Amenities

  • Laundry Facilities

Building Details

  • 6 Leased Units
  • Rent Control
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $235
  • Gardener Expense $1,080
  • Insurance Expense $6,100
  • Maintenance Expense $14,900
  • Other Expense $250
  • Trash Expense $2,082
  • Water Sewer Expense $3,665
  • Operating Expense $59,180
  • Gross Income $161,500
  • Net Operating Income $102,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 4.45
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Water Sewer Expenses: 3665.00
  • Zoning: BLR3YY
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 1080.00
  • Parcel Number: 6324012011
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 454.37

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block, Chain Link
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Carport Spaces: 6.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2082.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 7508.00
  • Lot Size Acres: 0.1724

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Electric Expense: 235.00
  • Gross Income: 161500.00
  • Gross Operating Income: 157540.00
  • Gross Scheduled Income: 161580.00
  • Insurance Expense: 6100.00
  • Laundry Equipment Own Lease: Own
  • Laundry Income: 600.00
  • Lot Size Area: 7508.0000 Square Feet
  • Maintenance Expense: 14900.00
  • Net Operating Income: 102400.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 55140.00
  • Other Expense: 250.00
  • Other Expense Description: gas
  • Rent Control: Yes
  • Total Expenses: 59180.00

Tax Info

  • Tax Census Tract: 5336.02
  • Tax Lot: 10
  • Tax Tract Number: 30

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2025 02/22/25 For Sale $2,300,000 -- $454 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24240651

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Bell 90201

3510 Nevada St, Bell, CA

For Sale

MultiFamily

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Listing Agent
Kevin Yee
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Property Leaders
(562) 614-4238