7901 EASTERN Avenue, Bell Gardens, CA 90201

$899,500

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$899,500
Status
ACTIVE
MLS#
AR26095995
Year Built
1936
Lot Size
7,802
Acres
0.18
Lot Location
Corner Lot, Near Public Transit, Rectangular Lot, Street Level
Days on Market
87
Property Type
Multifamily
Property Sub Type
Triplex
Stories
One Level

Property Description

3-unit mixed-use Value-add property by Downtown Bell Gardens, 2 houses + 1 retail store on large lot, steps away from major national retailers and from Parkwest Bicycle Casino. Tenants Pay ALL utilities, Next to Brand-New residential condo/apartment development. 7901 Eastern Ave, a high-visibility mixed-use asset strategically positioned on a prime corner in the heart of Bell Gardens, CA. This versatile property represents a rare "Value-Add" or "Owner-User" opportunity in one of the most supply-constrained submarkets of Southeast Los Angeles. By combining storefront retail with residential units, the asset provides a diversified income stream that is uniquely insulated against market volatility, tapping into a neighborhood characterized by a 78% renter-occupied rate. Built in 1936, the property boasts a total of 3,192 SF on a 7,749 SF CORNER lot with approximately 65 linear feet of frontage along Eastern Avenue. Unit mix includes 1x Retail Store, 1x 3BD/1BA house and 1x 1BD/1BA house. Positioned on a high-traffic commercial artery, the property generates relentless visibility and consistent demand from premium service providers and boutique retailers. Unlike many neighboring assets, this corner-lot configuration (Eastern Ave & Gotham St) includes the massive competitive advantage of gated, on-site parking. This feature not only drives higher residential tenant retention but also provides essential accessibility for commercial clients in a high-density area where street parking is at a constant premium. Tenants pay for all utilities (water, trash, electricity and gas), making this a minimum responsibility investment for the owner. Offered at a competitive basis below replacement cost, 7901 Eastern Ave is primed for immediate equity capture. The residential units offer a "blank canvas" for a modern renovation program, allowing a new owner to bridge the gap between legacy rents and current market ceilings. With individual metering for water, gas and electricity and no requirement for an on-site manager, the operational overhead remains exceptionally lean, maximizing Net Operating Income (NOI) from day one. Ideally located minutes from the 710 and 5 Freeways, the property serves as a gateway to the massive employment hubs of Commerce, Vernon, and Downtown Los Angeles.

Additional Information

Taxes
$10,232
Appliances
Gas Range
Pool Description
None
Heat
Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
None
Roof
Flat, Shingle
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$62,232
Operating Expense
17919

Listing courtesy of Listing Agent: Handoko Chen (han.chen@growthinvestmentgroup.com) from Listing Office: Growth Investment Group Pasade.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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.