6703 Vinevale Avenue

    Bell, CA 90201
    • $1,450,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: PW20056369
    UPDATED: 63 min ago
    $1,450,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,293
      SQFT
    • $230
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1997
    County:

    School Ratings & Info

    Description

    100% RENT COLLECTIONS FOR APRIL 2020The property consists of four single-family homes and a duplex on a large 0.38-acre lot and offers a highly desirable unit mix: one three-bedroom house, three two-bedroom houses, and two two-bedroom units. The four rear units were constructed in 1997, and the two front units were constructed in 1947. All units are separately metered for gas and electricity, and the front house is separately metered for all utilities. The property also features six double-car garages, a rooftop deck above one of the garages, and on-site laundry; current machines are owned by the seller.6703 Vinevale Avenue is located in the densely populated Southeast L.A. submarket, where vacancy is low - 1.6 percent within one mile of the subject property- and recent quarters have seen rent growth higher than the metro average.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-30T10:24:56.427. 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/104158329

    6703 Vinevale Avenue Bell, CA 90201

    • Price: $1,450,000
    • Status: Active
    • Updated: 63 min ago
    • ID#: PW20056369
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    6,293
    SQFT
    $230
    $/SQFT
    1997
    Built
    Neighborhood:
    T6 - Maywood, Bell
    County:
    Los Angeles
    Area:
    T6 - Maywood, Bell
    Property Description
    100% RENT COLLECTIONS FOR APRIL 2020The property consists of four single-family homes and a duplex on a large 0.38-acre lot and offers a highly desirable unit mix: one three-bedroom house, three two-bedroom houses, and two two-bedroom units. The four rear units were constructed in 1997, and the two front units were constructed in 1947. All units are separately metered for gas and electricity, and the front house is separately metered for all utilities. The property also features six double-car garages, a rooftop deck above one of the garages, and on-site laundry; current machines are owned by the seller.6703 Vinevale Avenue is located in the densely populated Southeast L.A. submarket, where vacancy is low - 1.6 percent within one mile of the subject property- and recent quarters have seen rent growth higher than the metro average.
    Exterior Features

    Garage Spaces 12.00 Lot Features Rectangular Lot Lot Size Source Assessor Lot Size Units Square Feet Parking Total 12.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Community

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Cap Rate 4.04 Community Features Urban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 99936.00 Gross Multiplier 14.61 Gross Scheduled Income 99216.00 Insurance Expense 0.00 Land Lease YN No Laundry Income 720.00 Laundry YN Yes Net Operating Income 58564.00 New Construction YN No New Taxes Expense 0.00 Number Of Separate Electric Meters 6 Number Of Separate Gas Meters 6 Number Of Separate Water Meters 1 Operating Expense 40380.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 40380.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Appraiser Zoning Blr3yy

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-05-30T10:24:56.427. 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.

     
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