$920,000
$1,000,000
8.0%For more information regarding the value of a property, please contact us for a free consultation.
6237 Alamo Ave Bell, CA 90201
8 Beds
4 Baths
3,672 SqFt
Key Details
Sold Price $920,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,672 sqft
Price per Sqft $250
MLS Listing ID 25583369
Bedrooms 8
Year Built 1964
Lot Size 6,162 Sqft
Property Sub-Type Multi-Family
Property Description
Multiple offers. NO RENT CONTROL under Bell City jurisdiction . 6237 ALAMO (4 UNITS $1,000,000) TO BE SOLD TOGETHER WITH 6241 ALAMO (4 UNITS $1,000,000) FOR A TOTAL PACKAGE PRICE OF $2,000,000!Rarely available on the market, this well-maintained 8-unit investment offers a unique opportunity to acquire two neighboring 4-unit buildings sold together as one package. Situated on a 12,034 SF lot with 7,344 SF of living area, the property features a desirable 2-bedroom/1-bath unit mix, each with in-unit laundry hookups that support strong tenant demand and long-term retention.The combined property currently generates $12,560 per month in rental income, with over 40% income upside compared to market rents. All units are fully occupied and current on rent, providing immediate cash flow along with exceptional value-add potential.Recent capital improvements further strengthen the property's appeal and reduce near-term expenses, including a brand-new roof with carport (2023, $52,500) and new concrete in the alley and backyard (2024, $14,000). With 12 on-site parking spaces and consistent management, this is a clean, low-maintenance multifamily investment. Conveniently located just minutes from the 710 and 5 freeways, this offering combines stability, strong rental upside, and long-term growth potential- ideal choice for investors seeking value-add opportunities, redevelopment options, or a 1031 exchange. No rent control(Buyer to verify County/State regulations.)
Location
State CA
County Los Angeles
Area Maywood, Bell
Zoning BLR3*
Rooms
Other Rooms None
Interior
Heating Forced Air
Cooling None
Flooring Hardwood, Laminate, Carpet
Fireplaces Type None
Equipment Gas Or Electric Dryer Hookup
Laundry In Unit
Exterior
Parking Features Carport
Garage Spaces 6.0
Roof Type Asphalt
Building
Lot Description 2-4 Lots
Story 2
Others
Special Listing Condition Standard
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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.
The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with IRN REALTY



