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$990,000
$929,888 6.5%
Est. payment /mo
5 Beds
4 Baths
9,667 Sqft Lot
Sold on 04/22/2025
5536 Gage Avenue Bell Gardens, CA 90201
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Key Details
Sold Price $990,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25056297
Bedrooms 5
Lot Size 9,667 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Discover a fantastic investment opportunity! This property features two separate single-family homes on a spacious 9,667 sq. lot, offering incredible income potential and future development possibilities. Unit 1: 2-bedroom, 1-bathroom recently remodeled (Jack & Jill style) home featuring a modern kitchen with new countertops, tile flooring throughout, and a comfortable living area. Currently rented for $2,400/month. Unit 2: 2-bedroom, 1-bathroom home with a kitchen and laundry hookups, currently owner-occupied. Unit 3:2-bedroom, 1-bathroom recently remodeledwithkitchen, laminate flooring in the bedrooms, and tile flooring in the kitchen and bath. Owner-occupied. Unit 4: 1-bedroom, 1-bathroom home with a kitchen and tile flooring throughout, currently rented for $1,600/month. Per title, the property is recorded as 5 bedrooms and 3 bathrooms with a total of 1,964 sq. ft. Buyer and buyers agent to verify all permits, zoning, and property details. Buyer may be able to develop an additional unit or ADUs on the right side of the parcel (currently occupied by fruit trees, subject to buyer verification), this property offers a rare chance for expansion and increased rental income. Conveniently located near the 710, 5, and 105 freeways, providing easy access to shopping, dining, and major transit routes. Dont miss out on this incredible opportunity! Schedule a private tour today!
Discover a fantastic investment opportunity! This property features two separate single-family homes on a spacious 9,667 sq. lot, offering incredible income potential and future development possibilities. Unit 1: 2-bedroom, 1-bathroom recently remodeled (Jack & Jill style) home featuring a modern kitchen with new countertops, tile flooring throughout, and a comfortable living area. Currently rented for $2,400/month. Unit 2: 2-bedroom, 1-bathroom home with a kitchen and laundry hookups, currently owner-occupied. Unit 3:2-bedroom, 1-bathroom recently remodeledwithkitchen, laminate flooring in the bedrooms, and tile flooring in the kitchen and bath. Owner-occupied. Unit 4: 1-bedroom, 1-bathroom home with a kitchen and tile flooring throughout, currently rented for $1,600/month. Per title, the property is recorded as 5 bedrooms and 3 bathrooms with a total of 1,964 sq. ft. Buyer and buyers agent to verify all permits, zoning, and property details. Buyer may be able to develop an additional unit or ADUs on the right side of the parcel (currently occupied by fruit trees, subject to buyer verification), this property offers a rare chance for expansion and increased rental income. Conveniently located near the 710, 5, and 105 freeways, providing easy access to shopping, dining, and major transit routes. Dont miss out on this incredible opportunity! Schedule a private tour today!
Discover a fantastic investment opportunity! This property features two separate single-family homes on a spacious 9,667 sq. lot, offering incredible income potential and future development possibilities. Unit 1: 2-bedroom, 1-bathroom recently remodeled (Jack & Jill style) home featuring a modern kitchen with new countertops, tile flooring throughout, and a comfortable living area. Currently rented for $2,400/month. Unit 2: 2-bedroom, 1-bathroom home with a kitchen and laundry hookups, currently owner-occupied. Unit 3:2-bedroom, 1-bathroom recently remodeledwithkitchen, laminate flooring in the bedrooms, and tile flooring in the kitchen and bath. Owner-occupied. Unit 4: 1-bedroom, 1-bathroom home with a kitchen and tile flooring throughout, currently rented for $1,600/month. Per title, the property is recorded as 5 bedrooms and 3 bathrooms with a total of 1,964 sq. ft. Buyer and buyers agent to verify all permits, zoning, and property details. Buyer may be able to develop an additional unit or ADUs on the right side of the parcel (currently occupied by fruit trees, subject to buyer verification), this property offers a rare chance for expansion and increased rental income. Conveniently located near the 710, 5, and 105 freeways, providing easy access to shopping, dining, and major transit routes. Dont miss out on this incredible opportunity! Schedule a private tour today!
Location
State CA
County Los Angeles
Area Bell (90201)
Zoning Public Rec
Interior
Cooling Wall/Window
Building
Lot Description Sidewalks
Story 1
Others
Monthly Total Fees $148
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Viorel Gherghelah • KELLER WILLIAMS REALTY COLLEGE PARK
Bought with Alicia Fombona • Island Legacy Real Estate
Bought with Alicia Fombona • Island Legacy Real Estate