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$ 2,800,000
Est. payment | /mo
0.44 Acres Lot
$ 2,800,000
Est. payment | /mo
0.44 Acres Lot
Key Details
Property Type Apartment
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26031052
HOA Y/N No
Year Built 1950
Lot Size 0.445 Acres
Property Sub-Type Apartment
Property Description
Legaspi Commercial is pleased to present for sale the 10-unit apartment property located at 6800 Wilcox Avenue in the City of Bell, California.
The unit mix consists of one two-bedroom, one-bath unit and nine one-bedroom, one-bath units. Each unit is separately serviced by its own private garage with individual washer and dryer hookups, a highly desirable amenity that enhances tenant convenience, supports strong tenant retention, and allows for rental upside.
The property is currently operating at a 5.82% cap rate, offering stable in-place cash flow with long-term upside potential. The City of Bell is a dense infill Los Angeles County market with strong rental demand due to its central location and proximity to major employment centers and transportation corridors.
The unit mix consists of one two-bedroom, one-bath unit and nine one-bedroom, one-bath units. Each unit is separately serviced by its own private garage with individual washer and dryer hookups, a highly desirable amenity that enhances tenant convenience, supports strong tenant retention, and allows for rental upside.
The property is currently operating at a 5.82% cap rate, offering stable in-place cash flow with long-term upside potential. The City of Bell is a dense infill Los Angeles County market with strong rental demand due to its central location and proximity to major employment centers and transportation corridors.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Interior
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage Spaces 10.0
Garage Description 10.0
Pool None
Community Features Urban
Total Parking Spaces 10
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6327017012
Acceptable Financing Cash, Conventional, 1031 Exchange
Listing Terms Cash, Conventional, 1031 Exchange
Special Listing Condition Standard
Listed by Gil Legaspi Legaspi Commercial 562-305-0788, DRE #01265976
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