6607 Otis, Bell, CA 90201
- $3,700,000
- List Price
- $3,700,000
- Status
- ACTIVE
- MLS#
- PW26185715
- Year Built
- 1962
- Lot Size
- 16,144
- Acres
- 0.37
- Lot Location
- 11-15 Units/Acre
- Days on Market
- 41
- Property Type
- Multifamily
- Property Sub Type
- Apartment
Property Description
Prime 16-unit multifamily investment opportunity in the City of Bell. The property features 15 one-bedroom units and one two-bedroom unit, approximately 8,676 square feet of building area on a 16,144 square foot lot, and 20 uncovered parking spaces. Built in 1962, the property offers a desirable unit mix, strong in-place rental income and meaningful long-term rental upside. Conveniently located near major employment centers, schools, shopping and transportation, with easy access to the 710, 5, 101, 105 and 60 freeways. An excellent opportunity for an investor seeking a well-located multifamily asset with value-add potential in a strong rental market. Buyer to independently verify all property information, income, expenses, unit count, square footage, permits and rental data.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 16
- Gross Scheduled Income
- $27,957
- Operating Expense
- 67571
Listing courtesy of Listing Agent: Christopher Joseph (chrisjosephrealestate@gmail.com) from Listing Office: HomeWay.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.