6636 Granger Ave , Bell Gardens, CA 90201
$1,195,000
Est. Payment: $2,655.56/mo
1 Bed
1 Bath
3178 Sqft
0.26 Acres
Status: active | Days on site: 16
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CLW-X7538301 - CLW-C107472
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House Description

PRICE REDUCED! We are pleased to present 6636 Granger Avenue, a 6-unit multifamily investment opportunity in Bell Gardens. The property shows exceptionally well and has benefited from substantial renovations and capital improvements. According to ownership, five of the six units have been extensively renovated within approximately the last five years, including updated kitchens and cabinetry, remodeled bathrooms, flooring and other interior finishes. Water heaters were also replaced during approximately this period, the roofs were replaced within approximately the last two years, and interior plumbing improvements have been completed. The property consists of six 1-bedroom/1-bath units situated across two detached, single-story buildings on an oversized approximately 11,126-square-foot lot. There is approximately 25% upside in rental income, offering investors additional income growth despite the significant improvements already completed. Each unit features a private patio and two parking spaces, while separate gas and electric meters help minimize owner-paid utility expenses. One unit is currently configured as a 2-bedroom/1-bath but is legally permitted as a 1-bedroom/1-bath.With its strong physical condition, extensive recent improvements and remaining rental upside, 6636 Granger Avenue offers investors the opportunity to acquire an improved asset with additional income growth potential.

Highlights

Listed by Nick Petrosian , 949-607-7096 Remax Commercial and Investment Realty , 213-817-1000.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1940

County

Los Angeles

Area

T3 - Bell Gardens, Bell E of 710, Commerce S of 26

Listing ID

26994079

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:1
  • ▪ Bathrooms:1

Exterior Features

Lot:No Land Lease
Lot Dimensions:63x170
Garage Capacity:12
Zoning:BGR3*
Others:
  • ▪ Additional:2+ Total Units
Parking Features:Driveway,One Space
Principal Interest
$2,656
Taxes
$762

Home Price

$1,195,000

Loan Details

30 yrs
%

Down Payment

20%
$239,000
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Monthly Price:
$2,655.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,655.56 $761.81 $0.00 $3,417.37
Yearly $31,866.67 $9,141.75 $0.00 $41,008.42
Total $956,000.00 $274,252.50 $0.00 $1,230,252.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Bell Gardens, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.