7751 SCOUT Avenue Bell Gardens, CA 90201

$998,000
7751 SCOUT Avenue, Bell Gardens, CA 90201
18382832

Single Family Home for sale in Bell Gardens, CA

for $998,000. This home was built in 1955 on a lot size of 9615.00 Sqft..

Property Information

  • $998,000
  • Single Family
  • Active
  • Lot size of 9615.00 Sqft.
  • Built in 1955
  • Bell Gardens, CA
  • Bell Gardens Neighborhood
  • Los Angeles County
  • MLS/Web ID is 18382832

Description

***MAJOR PRICE REDUCTION***An amazing 5-unit, fully-leased multi-family property in Bell Gardens. The property is not subject to rent control and is zoned BGR3PD*. The unit mix includes three 2 bedroom, 1 bathroom units as well as two 1 bedroom, 1 bathroom units. Two of the five units in the complex feature their own, private laundry rooms. The complex also features 4 surface parking spots, and 2 surface tandem parking spaces. The current cap rate is 6.3% - landlord has not increased rent for years. Landlord stated that the city will not allow the rebuilding of apartment units on the property as it is non-conforming, however, the property may be rebuilt as industrial.*NON RENT CONTROL WITH LOTS OF UPSIDE*

Exterior 1

Parking

  • Parking

† Excluded Feature

Listed By

Broker: COMPASS

7751 SCOUT Avenue, Bell Gardens, CA, 90201 is a Single Family Home for sale at $998,000 with a lot size of 9615.00 Sqft.. 7751 SCOUT Avenue has 0.0 baths and was built in 1955. The property's zip code is 90201 which is in Bell Gardens, CA

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Pricing History

Date Price Price Change Description
10/9/2018 $998,000 -26.07 % Price Change
9/5/2018 $1,350,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Bell Gardens $833,587 16 % below $509,500 49 % below
Single family listings in Bell Gardens $788,640 21 % below $500,000 50 % below

Get the facts about Bell Gardens, CA!

Population 42,585
Population Growth (since 2000) -3 %
Median Income $38,581
Median Age 29.4
Households w/ Children 58 %

Residential Dwellings

  • Owned 2404
  • Vacant 301
  • Rented 7369

Similar Listings

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or Call us at 1-800-839-1363