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5912 Ludell Street, Bell Gardens, CA 90201

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For Sale
Sale Pending

$1,215,000

7 beds • 5 baths • 3,612 sqft

Estimated Payment

$      /mo. †

APR for 30 years

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  • Multi-Family (2-4 Units)
    Property type

  • $336.38
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

VERY RARE R3 ZONING on 3 UNITS with an OVERSIZED LOT. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents is 5.2%! Owner may be willing to evict or help raise rent. Three addresses are 5912, 5910, and 5906 Ludell St. 5910 Ludell is two stories with ONLY the bottom floor rented out - you can still immediately rent out the top and get at least an extra $2,000 a month and a cap rate of over 7%! And that's WITHOUT raising rents or evicting tenants! There is a filled pool in the back that can be reinstated to add a swimming pool! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now! Buyer to verify all information. Please find in supplements Property Survey and Bell Gardens R3 Zoning rules.
MLS# SR24044259

Courtesy Of Management Systems, Corporation

(818) 363-6116

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Three-Quarter Bath

Map and Directions

Directions to 5912 Ludell Street, Bell Gardens, CA 90201

Home seller CENTURY 21 A Better Service Realty

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CENTURY 21 A Better Service Realty

(562) 806-1000
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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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