7025 Vinevale Ave, Bell, CA 90201
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7025 Vinevale Ave, Bell, CA 90201
7025 Vinevale Ave, Bell, CA 90201
7025 Vinevale Ave, Bell, CA 90201
7025 Vinevale Ave, Bell, CA 90201
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$ 2,200,000
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Price Dropped by $300K

7025 Vinevale Ave Bell, CA 90201

13 Beds

11 Baths

5,977 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,977 sqft

Price per Sqft $368

MLS Listing ID 26651133

Bedrooms 13

Year Built 1947

Lot Size 0.503 Acres

Acres 0.5026

Property Sub-Type Multi-Family

Property Description

Buy this for the bread and butter, monetize the upside for the beef. Check out the rents compared to market rents; it looks like 36% upside may be a good estimate. Seller may carry a first trust deed note at market rates, approximately 50% LTV. Lots of open space for ADU's on this 1/2 Acre lot. Per SB 1211, build up to 8 ADU's, subject to State laws, local ordinances, and City of Bell entitlement and permitting requirements. Be sure to vet and validate potential for rent increase and development for your client.

Location

State CA

County Los Angeles

Area Maywood, Bell

Zoning BLR3YY

Rooms

Other Rooms Other

Interior

Heating Combination

Cooling Other

Equipment Built-Ins

Exterior

Parking Features Carport Detached, Driveway, On street

Building

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by DealTrade Inc.

Nearby Locations

Cherrie And Zach

Cherrie And Zach

Broker || Owners | License ID: 01904568

+1(661) 312-2536

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7025 Vinevale Ave