5848 Ludell Street

    Bell Gardens, CA 90201
    • $2,200,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: 20570752
    UPDATED: 221 min ago
    $2,200,000
    • 0
      BEDS
    • 0.29
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    Worried about collecting rents from those tenants in non-essential businesses? How about having the ability to choose your tenants all over again? 5848 Ludell offers a buyer the beyond rare ability to fill each vacancy with an ultra-scrutinizing application process to hedge any economic uncertainty. Two units were recently rented at $1,850 and applications are being reviewed for the remaining vacancies. The property was fully vacated and underwent a 'unit by unit' renovation process. After the units were vacated, the development began with page long recommendations from the city of Bell Gardens Code Enforcement. Recent improvements include but are not limited to: new flooring in every unit, new kitchen cabinets and quartz countertops, new bathroom shower enclosures, new exterior paint, plumbing upgrades, and new plumbing/lighting fixtures. A total of 8 units comprised of 2 (2+1)s and 6 (1+1)s. Separately metered for gas and electricity and individual water heaters.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T00:25:07.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/105011237

    5848 Ludell Street Bell Gardens, CA 90201

    • Price: $2,200,000
    • Status: Active
    • Updated: 221 min ago
    • ID#: 20570752
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.29
    Acres
    1941
    Built
    Neighborhood:
    T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    County:
    Los Angeles
    Area:
    T3 - Bell Gardens, Bell E of 710, Commerce S of 26
    Property Description
    Worried about collecting rents from those tenants in non-essential businesses? How about having the ability to choose your tenants all over again? 5848 Ludell offers a buyer the beyond rare ability to fill each vacancy with an ultra-scrutinizing application process to hedge any economic uncertainty. Two units were recently rented at $1,850 and applications are being reviewed for the remaining vacancies. The property was fully vacated and underwent a 'unit by unit' renovation process. After the units were vacated, the development began with page long recommendations from the city of Bell Gardens Code Enforcement. Recent improvements include but are not limited to: new flooring in every unit, new kitchen cabinets and quartz countertops, new bathroom shower enclosures, new exterior paint, plumbing upgrades, and new plumbing/lighting fixtures. A total of 8 units comprised of 2 (2+1)s and 6 (1+1)s. Separately metered for gas and electricity and individual water heaters.
    Exterior Features

    Lot Size Source Other Lot Size Units Square Feet Parking Features Covered Parking YN Yes

    Property Features

    Gross Income 159600.00 Gross Multiplier 13.78 Gross Operating Income 154812.00 Net Operating Income 109994.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 44818.00 Zoning Bgr3pd*

    Listing provided courtesy of Enrique Viramontes of Remax Commercial And Investment Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-25T00:25:07.927. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
    Crudo & Associates | Willis Allen Real EstateLa Jolla
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    La Jolla CA, 92037