Bell, CA 90201,6921 Atlantic AVE
Bell, CA 90201,6921 Atlantic AVE
Bell, CA 90201,6921 Atlantic AVE
Bell, CA 90201,6921 Atlantic AVE
Bell, CA 90201,6921 Atlantic AVE
Bell, CA 90201,6921 Atlantic AVE
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$1,715,000

$1,715,000

Est.Price: ?

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Est. payment /mo

0.41 Acres Lot


SOLD DATE : 10/22/2021

Key Details

Sold Price $1,715,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID DW21089069

Sold Date 10/22/21

HOA Y/N No

Year Built 1960

Lot Size 0.406 Acres

Property Description

This is a true 6.03% cap rate based on actual income. This multi tenant automotive investment opportunity is located in Bell, CA. The building consists of 5 units, however, 3 tenants occupy 100% of the building. The property is well laid out with 7 automotive bays in total. An oversized lot provides the tenants with ample parking as well. There is a large pole sign that brings added visibility to the center. Tenants are all paying their full rent and the center is always buzzing with activity. 2021 Capital Improvements: New elastomeric roof coating system over units 6929 and 6929 1/2 (5 year warranty). Brand new sewer line. Seller has a Phase 1 and Phase 2, with soil samples. No environmental concerns. See supplement for complete rent roll.

Location

State CA

County Los Angeles

Area T6 - Maywood, Bell

Interior

Fireplace No

Laundry None

Building

Lot Description Level, Rectangular Lot

Water Public

Others

Tax ID 6325023015

Financing Cash

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Christopher Comfort • Apex Properties
Bought with NONE NONE • None MRML

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Shaun Hurley

Broker Associate | Lic# 00870450

+1(949) 463-4663

32451 Golden Lantern # 210, Niguel, CA, 92677

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