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619-880-2112
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  • Real Estate Services
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property-detail

5822 Gage Avenue, Bell Gardens, CA 90201

$2,000,000 LOGIN TO SAVE

5822 Gage Avenue, Bell Gardens, CA 90201
Bedrooms: 6
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Bathrooms: 4
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Area: SqFt.

    Description


    Rare contemporary newly built fourplex in centrally located Bell Gardens. This property is ideal for an owner-user, a 1031 exchange buyer, or a multigenerational family seeking a private compound. As new construction, the building is not subject to rent control. The property can potentially be delivered fully occupied at a 4.83% cap rate, with a pro forma cap rate of approximately 5.33%. The front two detached townhome-style units (Buildings 1 and 2) each feature 3 bedrooms, 2 baths, and an upstairs den that can function as a fourth bedroom, office, or flex space; both are currently rented for $3,495 per month. In Building 3, the ground-floor one-bedroom unit is projected to rent for $2,600 per month, and the upper two-bedroom unit with vaulted ceilings is projected to rent for $3,000 per month, bringing the total projected income to $12,590 per month. The property is professionally managed and offers abundant natural light, gated rear parking, separate electrical meters for all-electric units, drought-tolerant landscaping, designer finishes, and more. Bell Gardens is a strong Southeast Los Angeles rental market known for affordability, high demand, and convenient proximity to the 710, 5, and 105 freeways, providing quick access to Downtown Los Angeles, Long Beach, and LAX. The city is anchored by major employers such as The Bicycle Hotel & Casino and features parks, community amenities, ADU-friendly zoning, and nearby shopping including the Citadel Outlets. Long-standing neighborhoods and consistent appreciation make this an excellent opportunity for investors seeking reli

    Features

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    Natalie Klinefelter

    Broker/Owner
    CABRE# 02037944
    Address:
    3772 Clairemont Drive
    San Diego, CA 92117
    Office:
    619-880-2112
    By submitting this form with your telephone number, you are consenting for Natalie Klinefelter and authorized representatives to contact you even if you are on the federal "Do-not-call List."
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    Contact Us

    619-880-2112

    3772 Clairemont Drive
    San Diego, CA 92117

    Info@TheLegacyRECo.com

    The Legacy Real Estate Co.

    CA DRE#: 02037944

    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. A Compilation © 2017 Sandicor®, Inc.
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