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5822 Gage AVE Bell Gardens, CA 90201
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25264468
HOA Y/N No
Year Built 2024
Property Sub-Type Quadruplex
Property Description
Rare contemporary newly built fourplex in centrally located Bell Gardens. This property is ideal for an owner-user, a 1031 exchange buyer, or a multigenerational family seeking a private compound. As new construction, the building is not subject to rent control. The property can potentially be delivered fully occupied at a 4.83% cap rate, with a pro forma cap rate of approximately 5.33%. The front two detached townhome-style units (Buildings 1 and 2) each feature 3 bedrooms, 2 baths, and an upstairs den that can function as a fourth bedroom, office, or flex space; both are currently rented for $3,495 per month. In Building 3, the ground-floor one-bedroom unit is projected to rent for $2,600 per month, and the upper two-bedroom unit with vaulted ceilings is projected to rent for $3,000 per month, bringing the total projected income to $12,590 per month. The property is professionally managed and offers abundant natural light, gated rear parking, separate electrical meters for all-electric units, drought-tolerant landscaping, designer finishes, and more. Bell Gardens is a strong Southeast Los Angeles rental market known for affordability, high demand, and convenient proximity to the 710, 5, and 105 freeways, providing quick access to Downtown Los Angeles, Long Beach, and LAX. The city is anchored by major employers such as The Bicycle Hotel & Casino and features parks, community amenities, ADU-friendly zoning, and nearby shopping including the Citadel Outlets. Long-standing neighborhoods and consistent appreciation make this an excellent opportunity for investors seeking reliable cash flow and long-term value.
Location
State CA
County Los Angeles
Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26
Interior
Heating Ductless
Cooling Ductless
Fireplace No
Laundry Inside
Exterior
Parking Features Concrete
Pool None
Community Features Suburban, Sidewalks
Private Pool No
Building
Lot Description Drip Irrigation/Bubblers, Sprinklers In Front, Sprinklers Timer
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6330015030
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by Paul Purunjian Purunjian Inc. 562-225-5728