CA > Bell Gardens
Bell Gardens, CA 90201,5822 Gage Avenue
Bell Gardens, CA 90201,5822 Gage Avenue
Bell Gardens, CA 90201,5822 Gage Avenue
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$2,000,000
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6 Beds
5,505 Sqft Lot
New

5822 Gage Avenue Bell Gardens, CA 90201

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Kurt Wannebo

Kurt Wannebo

+1(858) 405-5878

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25264468

Bedrooms 6

Lot Size 5,505 Sqft

Property Sub-Type Res Income 2-4 Units

Property 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

Location

State CA

County Los Angeles

Zoning Seller

Direction Gage & Eastern

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6330015030

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

MLS Router / San Diego MLS
Listed by Paul Purunjian Purunjian Inc.

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Kurt Wannebo

Kurt Wannebo

Broker Associate | CA Dre# 01468255

+1(858) 405-5878

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5822 Gage Avenue

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