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Listed by Alan Ramirez • REAL BROKERAGE TECHNOLOGIES
$ 1,099,999
Est. payment | /mo
2,488 SqFt
$ 1,099,999
Est. payment | /mo
2,488 SqFt
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 2,488 sqft
Price per Sqft $442
MLS Listing ID CV-26179181
Year Built 1947
Lot Size 0.256 Acres
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to 6608 Ira Ave, a 5-unit income property offering current rental income with long-term upside potential.
The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking.
At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations.
With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time.
Conveniently located near shopping, transportation, major freeways, and other local amenities.
The property features four separate residential buildings, three buildings contain one unit each, while the fourth contains two units. A rear carport provides off-street parking.
At the current asking price the property offers a 13.50 GRM and a price of approximately $220,000 per unit. Current rents have recently been increased in accordance with applicable regulations.
With existing income in place and opportunities for future improvements, the property offers investors the potential to improve performance over time.
Conveniently located near shopping, transportation, major freeways, and other local amenities.
Location
State CA
County Los Angeles
Area Bell Gardens, Bell E Of 710, Commerce S Of 26Th
Interior
Laundry None
Exterior
Pool None
Community Features Sidewalks, Street Lights
Building
Lot Description 0-1 Unit/Acre
Sewer Other, Public Sewer
NEARBY SCHOOL & BUSINESS