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6705 Heliotrope Avenue
USD 2,400,000
Property ID: 23318319
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6705 Heliotrope Avenue ,90201
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icon 10412 SqFt
icon Built in 1963
icon USD 231/SqFt
icon 13 Beds
icon 9 Full
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Location Street View
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Interior Details
Bedrooms
13
Bathrooms
9
Interior Size
7360
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1963
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Detailed Introduction Of This Home
Fantastic 8-unit investment property located in a desirable pocket of Bell, CA. This is the first time the property's been on the market in approximately 47 years! The mid-century apartment complex, built in 1963, offers a total of 7,360 square feet of living space, with each unit boasting 920 square feet on average. The building features a strong unit mix, including (2) spacious1-bedroom/1-bath units, (5) large two-bed / 1-bath units and (1) large 3-bedroom/2.5-bath townhouse unit in the front. The townhouse unit has access to a private outdoor patio on the 2nd level. Additionally, the property provides convenient parking options with 12 covered parking spaces in the back of the lot. The property offers a huge opportunity for long-term rent growth with approximately 93% upside on the current rents. Notably, the City of Bell has no local rent control ordinance, allowing for 8.8% increases at the moment per State rent control laws (AB 1482). The building also generates additional income from the on-site laundry facilities, featuring two sets of washers/dryers.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (21)
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6705 Heliotrope Avenue
USD 2,400,000 13 Beds
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