NOT LISTED FOR SALE

4218 Bell Ave Bell, CA 90201

Estimated Value: $1,412,000 - $1,615,122

6 Beds
6 Baths
3,600 Sq Ft
$420/Sq Ft Est. Value

Sale Details

Date Sold: December 8, 2022

Last sale price $1,330,000 $369 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,275 / mo

2 Days on Market

About This Home

As of December 2022

4218 Bell Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features all one-bedroom units with securitized parking on 11,221 square feet of prime Southern California land. There are 6 detached single car garages and a common area laundry room. There is approximately 34% upside in the rental income not including additional revenue potential by adding in coin operated laundry machines and dryers. The subject property has been in the same family since the property was built and is an excellent investment opportunity because of it's great location and substantial amount of rental upside.

Last Agent to Sell the Property

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 11/14/2022

Last Buyer's Agent

Nicholas Petrosian

Remax Commercial and Investment Realty License #01462598 Listed on: 11/14/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1948

Lot Details

  • 0.26

Parking

  • 1 Car Garage

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Additional Features

  • 11,221 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 6325-028-035

Property Details

Home Type

Multi-Family

Year Built

Built in 1948

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 3600
  • Lot Acreage: 0.2576
  • Probate: No
  • Stories: 1
  • Year Built: 1948
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 351.39

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached, Garage - 1 Car
  • Total Parking: 6

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 40.54
  • Assessed Improvement Value: 339756
  • Assessed Land Percent: 59.46
  • Assessed Land Value: 498311
  • Total Assessed Value: 838067
  • Assessor Parcel Number: 6325-028-035
  • Lot Size Area: 11221

Multi Family

  • Unit Type: 2106
  • Gross Rent Multiplier: 13.43
  • Number Of Units: 6
  • Type Of Units: Multifamily

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Bought by
Current Estimated Value
$1,513,561

Purchase Details

Listed on
Nov 14, 2022
Closed on
Nov 23, 2022
Sold by
Bought by
Seller's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
Buyer's Agent
Nicholas Petrosian
Remax Commercial and Investment Realty
List Price
$1,265,000
Sold Price
$1,330,000
Premium/Discount to List
$65,000
5.14%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$200,000
Interest Rate
0.8%

Purchase Details

Closed on
Feb 25, 2015
Sold by
Bought by

Purchase Details

Closed on
Nov 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Feb 8, 2003
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,500,000 Chicago Title Company
$1,330,000 Chicago Title Company
-- None Available
-- None Available
-- --
-- --
-- --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $200,000
Previous Owner $797,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $1,330,000 +5.1% $369 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $1,265,000 -- $351 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $25,379 $1,530,000 $816,000 $714,000
2024 $24,398 $1,500,000 $800,000 $700,000
2023 $21,913 $1,330,000 $650,000 $680,000
2022 $14,420 $838,067 $498,311 $339,756
2021 $14,277 $821,636 $488,541 $333,095
2019 $13,890 $797,267 $474,051 $323,216
2018 $3,280 $77,949 $35,312 $42,637
2016 $3,123 $74,924 $33,942 $40,982
2015 $3,087 $73,800 $33,433 $40,367
2014 $3,109 $72,356 $32,779 $39,577
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Petrosian

    Seller's Agent in 2022

    Nicholas Petrosian

    RE/MAX

    (949) 607-7096

    5 in this area

    48 Total Sales

    Nicholas Petrosian
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Map

Source: The MLS

MLS Number: 22-218301

The MLS

APN: 6325-028-035

California Los Angeles County Bell 90201

4218 Bell Ave, Bell, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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