7025 Vinevale Avenue, Bell, CA 90201
- $2,100,000
- 13
- BD
- 11
- BA
- 5,977
- SqFt
- List Price
- $2,100,000
- Price Change
- ▼ $100,000 1780700644
- Status
- ACTIVE UNDER CONTRACT
- MLS#
- 26651133
- Year Built
- 1947
- Bedrooms
- 13
- Bathrooms
- 11
- Living Sq. Ft
- 5,977
- Lot Size
- 21,895
- Acres
- 0.50
- Days on Market
- 159
- Property Type
- Multifamily
- Stories
- Two Levels
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.
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Additional Information
- Heat
- Combination
- Attached Structure
- Detached
- Number Of Units Total
- 11
Listing courtesy of Listing Agent: Carlos A.G. Gonzalez (carlos@dealtradex.com) from Listing Office: DealTrade Inc..
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.