NOT LISTED FOR SALE

6809 Vinevale Ave Bell, CA 90201

27 Beds
25 Baths
11,424 Sq Ft
0.56 Acres

Last Sold October 28, 2022

Last sale price $4,250,000 $372 Per Sq Ft

74 Days on Market

Highlights

  • 0.56 Acre Lot
  • Traditional Architecture
  • Enclosed Patio or Porch

About This Home

As of October 2022

The Vinevale Townhomes is a pride of ownership 13-unit property in the city of Bell, a non-rent control city. A 3-bedroom detached home is located at the front of the property while the remaining 12 units are 2-story townhomes, each 2-bed 1.5-bath. The property is extremely clean with private fenced yards for each unit and ample parking, all situated on a half-acre+ lot. All units measure approximately 875-900sf and are separately metered for gas and electricity. Located around the corner from Bell Elementary and High Schools. Estimated 21% upside in rents and a 5%+ cap rate at market. WalkScore of 74. Subject to AB 1482.

Last Agent to Sell the Property

Adam Peterson

CB Richard Ellis, Inc. License #01815802 Listed on: 06/13/2022

Last Buyer's Agent

Sevak Keshishian

Marcus & Millichap License #01887505

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 0.56

Home Design

  • Traditional Architecture

Interior Spaces

  • 11,424 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 27 Bedrooms
  • 25 Bathrooms

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer Hookup

Parking

  • 26 Parking Spaces
  • Shared Driveway
  • Uncovered Parking

Utilities

  • Heating System Mounted To A Wall or Window
  • Property is located within a water district
  • Sewer in Street
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • 0.56 Acre Lot

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 6326-022-015

Community Details

Overview

  • 5 Buildings
  • 13 Units

Building Details

  • Rent Control

Property Details

Home Type

Multi-Family

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 11424
  • Lot Acreage: 0.5585
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 2
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 27
  • Laundry: In Unit
  • Total Bathrooms: 25.00
  • Equipment: Cable, Stackable W/D Hookup, Range/Oven, Garbage Disposal
  • Price Per S Q F T: 411.41

Exterior Features

  • Other Structures: None
  • Patio: Porch - Front, Enclosed

Garage/Parking

  • Parking Garage: Uncovered, Shared Driveway, Driveway - Concrete
  • Total Parking: 26

Utilities

  • Heating: Wall Gas
  • Sewer: In Street
  • Water: District
  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 80.73
  • Assessed Improvement Value: 241641
  • Assessed Land Percent: 19.27
  • Assessed Land Value: 57667
  • Total Assessed Value: 299308
  • Assessor Parcel Number: 6326-022-015
  • Lot Size Area: 24330

Rental Info

  • Owner Pays: Gardener, Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.13
  • Number Of Units: 13
  • Rent Control: 100
  • Type Of Units: Townhome/SFR
  • Vacancy Allow Percent: 3.00

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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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 List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $4,250,000 -9.6% $372 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $4,700,000 0.0% $411 / Sq Ft
04/11/2017 04/11/17 Rented $1,600 0.0% --
03/27/2017 03/27/17 Price Changed $1,600 +6.7% $2 / Sq Ft
03/27/2017 03/27/17 For Rent $1,500 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Peterson

    Seller's Agent in 2022

    Adam Peterson

    CB Richard Ellis, Inc.

    (310) 954-7031

    1 in this area

    19 Total Sales

    Adam Peterson
    Section Image
  • Sevak Keshishian

    Buyer's Agent in 2022

    Sevak Keshishian

    Marcus & Millichap

    (818) 394-0772

    1 in this area

    53 Total Sales

    Sevak Keshishian
    Section Image
  • Robin Reed

    Seller's Agent in 2017

    Robin Reed

    Queen City Realty

    (562) 881-2771

    9 Total Sales

    Robin Reed
    Section Image
See All Agents

Map

Source: The MLS

MLS Number: 22-167639

The MLS
California Los Angeles County Bell 90201

6809 Vinevale Ave, Bell, CA

Not Listed for Sale

MultiFamily

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