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$1,750,000

Beds
Unknown
sq ft
Unknown

6335 Loma Vista Ave, Bell Gardens, CA 90201

6335 Loma Vista Ave

Bell, CA 90201

  • 16 days on market
We are pleased to exclusively offer for sale this 7 Unit "Cash-Cow" property located in the city of Bell. Priced at a current 6.54% CAP Rate, this property is optimally configured with a variety of living spaces, including one 2-Bedroom/1-Bathroom unit, four 1-Bedroom/1-Bathroom units, and two Studio apartments, collectively comprising 4,266 rental square feet set on a 7,571 square foot lot. Designed for ease of management, each unit is separately metered for electricity and gas, allowing for straightforward utility handling. The majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. Tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention. Financially, this property stands out with a current 6.54% CAP Rate and a 10.5 Gross Rent Multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. This multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.

Details

Property type

Apartment

Est. home value

$1,415,451

Lot size

7,571 sq ft

Price per sq ft

Unknown

Year built

1955

Price History

03/18/2025
CRMLS

CRMLS #CV25059650

Listed
$1,750,000
-7.89%
04/27/2024
CRMLS

CRMLS #SB24007376

Removed
$1,900,000
01/13/2024
CRMLS

CRMLS #SB24007376

Listed
$1,900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

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

Bbcn Bank

Loan start date

March 2022

Original loan amount

$965,000

Est. remaining balance

Not provided

Interest rate

2.57%

Loan type

Commercial

Seller

Stepan Kazaryan and Yevgenya Jenny Kazaryan

Lender

Fidelity Bridge Home Loans

Loan start date

July 2021

Original loan amount

$925,000

Est. remaining balance

Not provided

Interest rate

2.95%

Loan type

Building or Construction Loan

Seller

Stepan Kazaryan and Yevgenya Jenny Kazaryan

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: 04/03/2025 at 1:25 AM

Listing updated: 03/18/2025 at 6:29 PM

Listed by: Kristopher German, RE/MAX 2000 REALTY Phone #: (626) 956-0188

MLS: CRMLS #CV25059650

CRMLS logo

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