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Commercial > Multi-family / Apartments
Active
03/08/2024
List Price
$1,215,000$336/ft²

5912 Ludell St
Bell Gardens, CA 90201

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  • 5912 Ludell St, Bell Gardens, CA 90201 is a 7 bed, 5 bath, 3,612 ft² multi-family/apartments property built in 1942 on a 0.307 acre lot. This multi-family/apartments is currently on the market for $1,215,000, and it was last sold in 2007.

    MLS Description

    The listing agent's description. Original Listing

    VERY RARE R3 ZONING on 3 UNITS with an OVERSIZED LOT. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents is 5.2%! Owner may be willing to evict or help raise rent. Three addresses are 5912, 5910, and 5906 Ludell St. 5910 Ludell is two stories with ONLY the bottom floor rented out - you can still immediately rent out the top and get at least an extra $2,000 a month and a cap rate of over 7%! And that's WITHOUT raising rents or evicting tenants! There is a filled pool in the back that can be reinstated to add a swimming pool! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now! Buyer to verify all information. Please find in supplements Property Survey and Bell Gardens R3 Zoning rules.

    Listing Agents

    The listing agent for 5912 Ludell St is Julian Park.

    Current Ownership

    Information about the current owner(s).

    Property History

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    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in The Southeast, Bell Gardens, CA 90201.

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    Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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