Movoto Real Estate
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  • Exterior

7025 Vinevale Ave, Bell, CA 90201

  • $2,100,000

  • 13

    bed

  • 11

    bath

  • 5,977

    Sqft ($351/Sqft)

Multi-family for sale 138 days
$100K price drop
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About 7025 Vinevale Ave

Property type Multi-family
Neighborhood
Year built 1947
HOA fee $0/month
Lot size 0.5 Acre
Movoto estimate
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.
Listed by
Listing Agent - Carlos A.G. Gonzalez
Listing Office - DealTrade Inc.
Source: The MLS mls logo
MLS#26651133 • last updated 2 weeks ago
Movoto checked The MLS for data 9 minutes ago
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Overview
Levels/Style Two
MLS # 26651133
Type Residential Income
Status Active
SqFt 5977
Lot Size (SqFt) 21895
Lot Size (Acres) 0.5026
Year Built 1947
Interior
Total # of Baths 11
Total # of Bedrooms 13
Exterior
Parking Desc Carport Detached, Driveway, On Street
Add'l Structures Other
Amenities / Utilities
Equipment Built-Ins
Location
County Los Angeles
Zoning BLR3YY
APN 6326-020-006
Multifamily Details
Unit 3: Furnished No
Unit 1: Furnished No
Unit 3: Projected Rent 1150
Unit 1: Projected Rent 12200
Unit 1: # Beds 1
Unit 1: Rent 1233
Unit 2: Rent 1795
Unit 3: Rent 705
Unit 2: Furnished No
Unit 2: Projected Rent 4350
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 3: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 3740
Unit 3: Actual Rent 705
Unit Type 2106, 2107, 2108
Unit 1: Actual Rent 8918
Total # Of Buildings 5
Net Operating Income 81412
Annual Rent 160020
Vacancy Amount (%) 3
Vacancy Rate 4801
Gross Income 160020
Gross Operating Income 155219
Gross Rent Multiplier 14.1
Total Annual Expenses 7308
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  • Real Estate
  • CA
  • Los Angeles County
  • Bell
  • 90201
  • 7025 Vinevale Ave

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