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$949,000

Beds
3
Baths
2.0
sq ft
1,521

6127 Gage Ave, Bell Gardens, CA 90201

6127 Gage Ave

Bell Gardens, CA 90201

  • 6 days on market
    • Open house Apr 09
Introducing 6127 Gage Ave, a beautifully restored Spanish-style home in the heart of Bell Gardens offering the perfect blend of charm, comfort, and investment potential. This fully renovated 3-bedroom, 2-bathroom residence spans 1,521 sq ft and features a detached garage, a large backyard, and ample parking in both the front and rear of the property. The true value lies in the future: the sale includes city-approved permits to build three additional units totaling 2,591 sq ft, bringing the total potential living space to an impressive 4,112 sq ft. The approved plans include: Unit A – 1,091 sq ft, 3 bed/3 bath; Unit B – 1,086 sq ft, 3 bed/3 bath; and Unit C – 376 sq ft, studio with 1 bath. With alley access and favorable zoning, the groundwork is ready for a savvy investor or owner-user to bring this vision to life. Pro forma rents for all four units are projected at approximately $12,900/month, making this a rare opportunity to secure a turnkey property with significant income potential in a centrally located, high-demand area.

Details

Property type

Single Family Residence

Est. home value

$674,872

Lot size

6,979 sq ft

Price per sq ft

$624

Year built

1942

HOA

No

Price History

04/03/2025
CRMLS

CRMLS #DW25073750

Listed
$949,000
+65.04%
12/19/2023
CRMLS

CRMLS #DW23202330

Sold
$575,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

High school district: 

Montebello Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Phh Mortgage Services Corp

Loan start date

June 2023

Original loan amount

$921,750

Est. remaining balance

Not provided

Interest rate

7.55%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage), 66 year

Seller

Darlene T Todd

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/09/2025 at 12:25 PM

Listing updated: 04/08/2025 at 6:10 PM

Listed by: Sergio Angulo, Century 21 Realty Masters Phone #: (323) 722-7700

MLS: CRMLS #DW25073750

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