5929 Florence Avenue
Property Description
RARE BELL GARDENS TRIPLEX WITH MULTIPLE INCOME STREAMS! This exceptional investment opportunity features three 2-bedroom, 1-bath units, offering an ideal setup for an investor or owner-occupant looking to live in one unit while collecting rental income from the others. Plenty of on-site parking adds significant convenience and value, especially for a property located directly on a main street. Adding even more appeal, the owner currently receives rental income from TWO billboard signs on the property, creating an additional income stream beyond the three residential units. Located in a highly convenient area of Bell Gardens, the property provides easy access to major freeways, shopping centers, grocery stores, and everyday amenities, making commuting and getting around the surrounding areas a breeze. With its three residential units, ample parking, billboard income, and strong rental demand, this is a unique opportunity to acquire a multifamily property in an area where opportunities like this don't come along often.
Broker Details
Century 21 Allstars (562) 205-3504
MLS ID: DWSAALBE State License Number: 02028262
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $999,999 |
| No. of Units: | 3 |
| Year Built: | 1959 |
| Opportunity Zone: | No |
| Price per unit: | $333,333 |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 0 |
ID: 3yd-MRMLSCA-DW26213332
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
1662 S Hayworth Ave
Los Angeles, California
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout