8042 Garfield Avenue Bell Gardens, CA $ 995,000
8042 Garfield Avenue
$ 995,000
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8042 Garfield Avenue

Bell Gardens, CA, 90201
$ 995,000
Bedrooms18 Baths5.0 Sq 2,747

Monthly Estimate*

$ 6,613

Listed by RE/MAX CHAMPIONS
8042 Garfield Avenue, Bell Gardens, CA 90201 - Image 1

Multi-Family Home for sale in Bell Gardens, CA

for $995,000 with 18 bedrooms and 5 full baths. This 2,747 square foot home was built in 1949 on a lot size of 0.2429.

We are pleased to present a unique investment opportunity in the heart of Bell Gardens, California. This well-maintained quadruplex is hitting the market for the first time in 40 years, offering an ideal chance for both seasoned and novice investors. Each unit offers spacious living areas with ample natural light. Functional kitchens equipped with essential appliances. Each unit is independently metered for gas and electricity, owner pays water and trash. Well-kept common areas with convenient on-site parking available for tenants. Recent upgrades include new roofing on all 4 units. Close proximity to local shopping centers, parks, and schools. Easy access to major highways and public transportation. This property not only offers a stable rental income but also potential for capital appreciation given its good condition and desirable location. Whether you're looking to expand your rental portfolio or step into real estate investment, this quadruplex promises to be a prudent choice. For more information or to schedule a viewing, please contact Listing Agent Rosalba Farias.

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Multi-Family Pending

Price

$ 995,000

Bedrooms

18

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Colonial

Lot Size

0.2429

Year Built

1949

Town/City

Bell Gardens

County/Region

Los Angeles

MLS | Web ID

CV24088544

Days on Market

29

Features
General
Interior Features CeramicCounters TileCounters AllBedroomsDown
Sewer PublicSewer
Possession CloseOfEscrow
Appliances WaterHeater
Zoning BGCM*
HOA 0.0
Garage Spaces 2.0
Architectural Style Colonial
Pool Features None
Security Features CarbonMonoxideDetectors
Construction Materials Drywall
Year Built 1949
Electric Standard
Tenant Pays Electricity Gas SeeRemarks
Property SubType Quadruplex
Gross Income 58800.0
Community Features Biking Park StreetLights Sidewalks
County Los Angeles
Net Operating Income 54600.0
Operating Expense 100.0
Insurance Expense 1800.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Contingency None
Garage Y/N Y
Other Structures SecondGarage
Special Listing Conditions Standard
Status Pending
Directions North Firestone South Florence East Eastern ave
City Bell Gardens
Entry Location Driveway
View Y/N N
Senior Community Y/N N
NumberOfUnitsTotal 4
MLS Area T3 - Bell Gardens Bell E of 710 Commerce S of 26
Lot Size Units SquareFeet
Lot Size Square Feet 10582.0
Private Pool N
Waterfront Y/N N
Carport Spaces 2.0
Carport Y/N Y
Number of Units Leased 4
Street Name Garfield
Listing Terms Cash CashtoExistingLoan Conventional
Spa Features None
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Current Financing None
Trash Expense 0.0
Water Sewer Expense 2400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 10
Building Area Units SquareFeet
Standard Status Pending
Year Built Source Assessor
Tax Lot 7
Total Actual Rent 4900.0
Property Sub Type Additional Quadruplex
Expected Active Date 2024-05-11
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Interior
Flooring Carpet Tile
Fireplace Features None
Total Stories 1
Common Walls NoCommonWalls
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Street Suffix Avenue
Laundry Features ElectricDryerHookup GasDryerHookup Inside LaundryRoom
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing ChainLink FairCondition StuccoWall
Parking Features None
Lot Features Item01UnitAcre Level RectangularLot Walkstreet Yard
Water Source Public
Total Parking 4.0
Lot Size Area 10582.0
Foundation Details Slab
Number of Buildings 4
Spa N
Building Area Total 2747.0
Lot Dimensions 71 X 150
Lot Size Acres 0.2429
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 8042
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* Excluded Features
List By
Re/Max Champions

Broker

(909) 949-0605

Phone

Affordability Calculator

$6,613
Per Month
100%
0%
0%
Monthly Principal & Interest
$6,613
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/11/2024$925,000 Listed Price

Map


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8042 Garfield Avenue, Bell Gardens, CA, 90201 is a Multi-Family Home for sale at $995,000 with 2,747 sqft and a lot size of 0.2429. 8042 Garfield Avenue has 18 bedrooms, 5.0 baths, and was built in 1949. The property's zip code is 90201 which is in Bell Gardens, CA