$1,925,000
$1,700,000
13.2%For more information regarding the value of a property, please contact us for a free consultation.
6636 Otis Avenue Bell, CA 90201
4 Beds
Key Details
Sold Price $1,925,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23091046
Sold Date 07/20/23
Bedrooms 4
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 6636 Otis Ave to market, a 9 unit multifamily constructed in 1958 in the city of Bell. Otis Ave consists of seven 1 bed/1 bath units and two 2 bed/1 bath units. All units are separately metered for gas and electric and comes with communal laundry on site The property offers 12 parking spaces for tenants including two garage spaces in the rear. Rents are currently about 30% below market rate, allowing upside in rental income for a new buyer. The rear of the property has two garage spaces that could also be converted into an ADU (buyer to confirm).
Location
State CA
County Los Angeles
Zoning Assessor
Direction On the corner of Bell Ave and Otis
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Acceptable Financing Conventional
Listing Terms Conventional
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Bought with Jackson Jorgensen Younglewin Advisors, Inc.