NOT LISTED FOR SALE

5848 Ludell St Bell Gardens, CA 90201

10 Beds
8 Baths
5,190 Sq Ft
0.29 Acres

Last Sold November 16, 2020

Last sale price $2,050,000 $395 Per Sq Ft

80 Days on Market

About This Home

As of November 2020

Located in one of the best pockets in the city of Bell Gardens, this is an ultra-rare opportunity to acquire an asset that underwent a fully vacated unit by unit renovation process. Recent improvements include but are not limited to: new tile and vinyl plank flooring, new kitchen cabinets with quartz countertops, new tile bathroom shower enclosures, new exterior paint, plumbing upgrades, and new plumbing/lighting fixtures. The rental income is steady with new tenants that have rigorously vetted during the recent COVID Pandemic. A total of 8 units comprised of 2 (2+1)s and 6 (1+1)s. Separately metered for gas and electricity and individual water heaters combine for the historically low operating expense figures. Plenty of onsite parking is available.

Last Agent to Sell the Property

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 08/25/2020

Remax Commercial and Investment Realty

Last Buyer's Agent

Enrique Viramontes

Remax Commercial and Investment Realty License #01372010 Listed on: 08/25/2020

Remax Commercial and Investment Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1941

Lot Details

  • 0.29

Parking

  • Carport

Interior Spaces

  • 5,190 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 8 Bathrooms

Additional Features

  • 0.29 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 6 Buildings
  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 6328-016-056

Property Details

Home Type

Multi-Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 5190
  • Lot Acreage: 0.2942
  • Stories: 1
  • Year Built: 1941
  • Number Of Photos: 12
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Total Bathrooms: 8.00
  • Price Per S Q F T: 404.43

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Carport

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 81.26
  • Assessed Improvement Value: 248733
  • Assessed Land Percent: 18.74
  • Assessed Land Value: 57381
  • Total Assessed Value: 306114
  • Assessor Parcel Number: 6328-016-056
  • Lot Size Area: 12814

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 13.04
  • Number Of Units: 8
  • Total Annual Expense: 44668
  • Type Of Units: Apartment
  • Vacancy Rate: 3%

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $2,050,000 -2.3% $395 / Sq Ft
08/25/2020 08/25/20 For Sale $2,099,000 -- $404 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Enrique Viramontes

    Seller's Agent in 2020

    Enrique Viramontes

    RE/MAX

    (213) 233-4363

    1 in this area

    35 Total Sales

    Enrique Viramontes
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Map

Source: The MLS

MLS Number: 20-623670

The MLS
California Los Angeles County Bell Gardens 90201

5848 Ludell St, Bell Gardens, CA

This home is located at 5848 Ludell St, Bell Gardens, CA 90201 since 25 August 2020. This property was built in 1941. 5848 Ludell St is a home located in Los Angeles County with nearby schools including Bandini Elementary School, Bell Gardens Intermediate School, and Bell Gardens High.

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