7004 Crafton Avenue

    Bell, CA 90201
    • $1,200,000
    • STATUS: Active
    • ON SITE: 62 days
    • ID#: 20566396
    UPDATED: 139 min ago
    $1,200,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1955
    County:

    School Ratings & Info

    Description

    We are proud to present the sale of the Crafton Street Apartments. The building is comprised of an excellent unit mix of 4 spacious (2 Bed / 1 Bath) units and 1 (1 Bed / 1 Bath) unit and is subject to the County of Los Angeles rent control stabilization. Property is separately metered for gas and electricity, has copper plumbing throughout and driveway was recently partly repaved with new concrete. Tenants enjoy the convenience of carport and onsite parking. Located in the City of Bell on a nice quiet residential street. Nearby schools include Woodlawn Ave Elementary School and Bell High School. Major cross streets are Florence Ave and Atlantic Ave and is within close proximity to the 710 freeway. This property would be a great addition to any investor's increasing portfolio or a great entry property for an investor looking to enter the multifamily business.

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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/104412915

    7004 Crafton Avenue Bell, CA 90201

    • Price: $1,200,000
    • Status: Active
    • Updated: 139 min ago
    • ID#: 20566396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1955
    Built
    Neighborhood:
    T6 - Maywood, Bell
    County:
    Los Angeles
    Area:
    T6 - Maywood, Bell
    Property Description
    We are proud to present the sale of the Crafton Street Apartments. The building is comprised of an excellent unit mix of 4 spacious (2 Bed / 1 Bath) units and 1 (1 Bed / 1 Bath) unit and is subject to the County of Los Angeles rent control stabilization. Property is separately metered for gas and electricity, has copper plumbing throughout and driveway was recently partly repaved with new concrete. Tenants enjoy the convenience of carport and onsite parking. Located in the City of Bell on a nice quiet residential street. Nearby schools include Woodlawn Ave Elementary School and Bell High School. Major cross streets are Florence Ave and Atlantic Ave and is within close proximity to the 710 freeway. This property would be a great addition to any investor's increasing portfolio or a great entry property for an investor looking to enter the multifamily business.
    Exterior Features

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

    Interior Features

    Cooling Wall/Window Unit(S) Cooling YN Yes Heating Wall Furnace Heating YN Yes

    Property Features

    Gross Income 77700.00 Gross Multiplier 15.44 Gross Operating Income 75369.00 Net Operating Income 45638.00 Senior Community YN No Special Listing Conditions Standard Total Expenses 29731.00 Zoning Blr3yy

    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
    1131 Wall St.
    La Jolla CA, 92037