Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    7947 Garfield Avenue, Bell Gardens, CA 90201
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    7947 Garfield Avenue
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    • MLS#: RS24095871 ( Apartment )
    • Street Address: 7947 Garfield Avenue
    • Viewed: 15
    • Price: $7,690,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1989
    • Bldg sqft: 0
    • Days On Market: 234
    • Additional Information
    • County: LOS ANGELES
    • City: Bell Gardens
    • Zipcode: 90201
    • Provided by: BRC Advisors BH
    • Contact: Avinash Avinash
    • California Regional MLS IDX
    • DMCA Notice
    • Description
      Rare opportunity to acquire a well maintained, 16 unit property in Bell Gardens featuring attractive 100% three bedroom, two and a half bathroom townhomes with an average unit size of 1,362 square feet, offering a total of 48 bedrooms and 48 bathrooms, complemented by private two car garages per unit and private patios, boasting spacious layouts designed for family comfort; this property, built in 1989, spans 21,793 square feet and sits on a generous lot of 29,303 square feet, with a current cap rate of 5.01% and a market cap rate of 6.75%, priced at $7,690,000, showcasing well maintained exteriors with professional landscaping, ample parking including 16 guest spaces and 32 garage spaces, central HVAC units in each unit for year round comfort, laundry hookups available in all garages, and convenient access to local shopping centers, parks, schools, and major highways, making it an ideal investment opportunity in a community friendly neighborhood.
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    Features
    Assessments
    1. Unknown
    Association Fee
    1. 0.00
    Building Area Total
    1. 21793.00
    Carport Spaces
    1. 16.00
    Commoninterest
    1. Community Apartment
    Common Walls
    1. 2+ Common Walls
    Cooling
    1. Central Air
    Country
    1. US
    Days On Market
    1. 150
    Electric Expense
    1. 1140.00
    Entry Location
    1. Front
    Fuel Expense
    1. 0.00
    Garage Spaces
    1. 16.00
    Gardner Expense
    1. 3000.00
    Heating
    1. Forced Air
    Insurance Expense
    1. 14165.00
    Laundry Features
    1. In Garage
    Levels
    1. One
    Lockboxtype
    1. None
    Lot Features
    1. 16-20 Units/Acre
    2. Lot 20000-39999 Sqft
    3. Near Public Transit
    Netoperatingincome
    1. 385168.00
    Newtaxesexpense
    1. 96462.00
    Number Of Separate Electric Meters
    1. 17
    Number Of Separate Gas Meters
    1. 17
    Otherexpense
    1. 3000.00
    Otherexpensedescription
    1. Reserve
    Otherincome1
    1. 6300.00
    Otherincome2
    1. 1248.00
    Otherincomedescription
    1. Pets
    Parcel Number
    1. 6230013021
    Parking Features
    1. Garage
    2. Parking Space
    Pest Control Expense
    1. 1200.00
    Pool Features
    1. None
    Professionalmanagementexpense
    1. 16791.00
    Property Type
    1. Apartment
    Sewer
    1. Public Sewer
    Sourcesystemid
    1. CRM
    Sourcesystemkey
    1. 414629218:CRM
    Tenant Pays
    1. Electricity
    2. Gas
    Totalactualrent
    1. 46213.40
    Totalexpenses
    1. 174850.00
    Trash Expense
    1. 8196.00
    Uncovered Spaces
    1. 16.00
    Utilities
    1. Electricity Connected
    2. Natural Gas Connected
    Vacancyallowance
    1. 11091
    Views
    1. 15
    Water Sewer Expense
    1. 13200.00
    Water Source
    1. Public
    Workmanscompensationexpense
    1. 7200.00
    Year Built
    1. 1989
    Year Built Source
    1. Public Records
    Zoning
    1. BGCM*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836