$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 Avenue Bell, CA 90201
8 Beds
3,672 SqFt
Key Details
Sold Price $920,000
Property Type Single Family Home
Sub Type OTHER
Listing Status Sold
Purchase Type For Sale
Square Footage 3,672 sqft
Price per Sqft $250
MLS Listing ID CL25583369
Sold Date 10/28/25
Bedrooms 8
HOA Y/N No
Year Built 1964
Lot Size 6,162 Sqft
Acres 0.14
Property Sub-Type OTHER
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 grow
Location
State CA
County Los Angeles
Zoning BLR3
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Laminate, Carpet, Wood
Fireplace No
Exterior
Total Parking Spaces 6
Building
New Construction No
Others
Tax ID 6315017025
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Bought with GinoMai