NOT LISTED FOR SALE

6517 King Ave Bell, CA 90201

11 Beds
6 Baths
3,329 Sq Ft
0.48 Acres

Last Sold July 24, 2015

Last sale price $899,900 $270 Per Sq Ft

21 Days on Market

Highlights

  • 0.48 Acre Lot
  • Private Yard
  • No HOA

About This Home

As of July 2015

PRICE REDUCTION!!! Fantastic opportunity to own this terrific unit complex with rental cash flow sitting on a huge 20,000+ square foot lot! Well kept & maintained building in prime rental area in the city of Bell. This is an ideal investment for new and established investors alike in an up-and-coming neighborhood with straightforward operations and long-term potential. No rent control. This property features a diverse and attractive unit mix. Each unit is detached with its own front and back yard, lawn area and laundry space. Separate meters and separate water heaters. There is parking for all tenants. The two-story building in the back is being used as 2 units: one with 2 bedrooms 1 bath, and one with 1 bedroom 1 bath.

Last Agent to Sell the Property

Ramon Sanchez

Century 21 Allstars License #01104461 Listed on: 05/06/2015

Century 21 Allstars

Last Buyer's Agent

Olga Ramirez

Century 21 Allstars License #01302738

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 0.48 Acre Lot
  • No Common Walls
  • Private Yard

Parking

  • 5 Car Garage

Home Design

  • 3,329 Sq Ft Home

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 6 Bathrooms

Listing and Financial Details

  • Tax Lot 27
  • Assessor Parcel Number 6326004010

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 5 Separate Water Meters
  • Insurance Expense $1,450
  • Maintenance Expense $1,200
  • Trash Expense $900
  • Water Sewer Expense $2,040
  • New Taxes Expense $11,000
  • Gross Income $6,000
  • Net Operating Income $55,410

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Road Surface Type: Paved
  • Water Sewer Expenses: 2040.00
  • Property Type: Residential Income
  • Parcel Number: 6326004010
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Price Per Square Foot: 270.32

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 900.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 20776.00
  • Lot Size Acres: 0.4770

Multi Family

  • Gross Income: 6000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1450.00
  • Lot Size Area: 20776.0000 Square Feet
  • Maintenance Expense: 1200.00
  • Net Operating Income: 55410.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 16590.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11000.00
  • Tax Lot: 27
  • Tax Year: 2014

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/24/2015 07/24/15 Sold $899,900 -5.3% $270 / Sq Ft
05/27/2015 05/27/15 Pending -- -- --
05/06/2015 05/06/15 For Sale $949,900 -- $285 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Ramon Sanchez

    Seller's Agent in 2015

    Ramon Sanchez

    Century 21 Allstars

    (562) 715-3103

    1 in this area

    166 Total Sales

    Ramon Sanchez
    Section Image
  • Olga Ramirez

    Buyer's Agent in 2015

    Olga Ramirez

    Century 21 Allstars

    (323) 997-0577

    4 in this area

    8 Total Sales

    Olga Ramirez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15097018

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

6517 King Ave, Bell, CA

Not Listed for Sale

MultiFamily

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