7101 Chanslor Ave

Bell, CA 90201

$1,155,000
Last Sold Price
6
Beds
3
Baths
2,962 Sq. Ft.
$390 / Sq. Ft.
2,962
Sq. Ft.
$390
per Sq. Ft.
Sold 10/27/23
Sold 10/27/23
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Description

The subject property must be sold with the adjacent 3 units for sale at 7031 chanslor avenue which is listed in the mls 7101 Chanslor Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit, one two-bedroom unit, and four one-bedroom units sitting on a large 11,903 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been...The subject property must be sold with the adjacent 3 units for sale at 7031 chanslor avenue which is listed in the mls 7101 Chanslor Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit, one two-bedroom unit, and four one-bedroom units sitting on a large 11,903 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been installed. There is a significant amount of upside in the rental income. The subject property is an excellent investment opportunity because of it's great location and substantial amount of rental upside. Buyer to verify number of units, unit mix and square footage with the city of bell. Drive by only. Do not contact tenants. Sales price in listing does not reflect actual sales price. Property was sold with adjacent parcel (APN: 6327-035-011) which includes 3 units for a total purchase price of $1,725,000
  1. Listed by Nicholas Petrosian • DRE #01462598 • Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Property Details for 7101 Chanslor Avenue

Zoning
BLR3YY
Parcel Number
6327035012
Total Units
6.0
Living Area
2962
Source Living Area
Assessor
Area
Maywood, Bell (T6)
Vacancy Rate
3.0%
Lot Size Area
11903
LISTING UPDATED: 10/27/2023 02:23 PM

Property Details for 7101 Chanslor Avenue

StatusSold
MLS #23-295223
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1945
Lot Size0.27 AC / 11,903 SF
CountyLos Angeles County

Location

Listing Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian, DRE #01462598

Sold By Remax Commercial and Investment Realty, Nicholas Petrosian, DRE #01462598

Add your commute

Building Information for 7101 Chanslor Avenue

Stories1Residences-Year Built1945Building Size-Lot Size0.27 AC / 11,903 SF

Payment Calculator

$7,107 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,629

Property Taxes

$1,478

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7101 Chanslor Avenue

Community / Development
Community / Development
  • Number Of Units: 6
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 5
  • Type Of Units: Multi-Family
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $71,004
  • Net Operating Income: $38,130.00
  • Gross Income: $73,200
  • Gross Scheduled Income: $73,200
  • Gross Rent Multiplier: $18.71
  • Total Annual Expense: 32874
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2733
  • Lot Size Square Feet: 11903
Parking Details
Parking Details
  • Parking Garage: Garage - 1 Car, Uncovered
  • Total Parking: 0
  • Parking Features: Garage - Single Door, Uncovered
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 07-28-2023
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $925.00
  • Unit Actual Rent: $3,700.00
  • Unit Projected Rent: $7,180.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,000.00
  • Unit Actual Rent: $1,000.00
  • Unit Projected Rent: $2,250.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,400.00
  • Unit Actual Rent: $1,400.00
  • Unit Projected Rent: $2,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $257,537.00
  • Assessed Improvement Percent: 34.03
  • Assessed Land Value: $499,309.00
  • Assessed Land Percent: 65.97
  • Assessed Total Value: $756,846.00

Property History for 7101 Chanslor Avenue

DateEvent & SourcePriceAppreciation
Oct 27, 2023

Sold

SDMLS #23-295223

$1,155,000—
Oct 27, 2023

Sold

CRMLS #23295223

$1,155,000—
Oct 27, 2023

Sold

CLAW #23-295223

$1,155,000—
Aug 29, 2023

Pending

CRMLS #23295223

—
Aug 16, 2023

Pending

CLAW #23-295223

—
Aug 16, 2023

Accepting Backup Offers

CLAW #23-295223

—
Aug 16, 2023

Pending

SDMLS #23-295223

—
Aug 16, 2023

Accepting Backup Offers

CRMLS #23295223

—
Jul 28, 2023

Listed (Active)

SDMLS #23-295223

$1,370,000—
Jul 28, 2023

Listed (Active)

CRMLS #23295223

$1,370,000—
Jul 28, 2023

Listed (Active)

CLAW #23-295223

$1,370,000—
DateEvent & SourcePrice
10/27/2023

Sold

SDMLS #23-295223

$1,155,000
10/27/2023

Sold

CRMLS #23295223

$1,155,000
10/27/2023

Sold

CLAW #23-295223

$1,155,000
08/29/2023

Pending

CRMLS #23295223

—
08/16/2023

Pending

CLAW #23-295223

—
08/16/2023

Accepting Backup Offers

CLAW #23-295223

—
08/16/2023

Pending

SDMLS #23-295223

—
08/16/2023

Accepting Backup Offers

CRMLS #23295223

—
07/28/2023

Listed (Active)

SDMLS #23-295223

$1,370,000
07/28/2023

Listed (Active)

CRMLS #23295223

$1,370,000
07/28/2023

Listed (Active)

CLAW #23-295223

$1,370,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7101 Chanslor Avenue

Taxable ValueLand$510,000Additions$545,700Total$1,055,700
Tax Record2025$17,741 ($1,478 / month)
Home Facts
Total Finished SqFt2,962 SqFtAbove Grade Finished SqFt2,962 SqFtLot Size11,903 SqFtStyleMulti-Family Res (5+ Units)Year Built1945ZoningBLR3YYCountyLOS ANGELESAPN6327-035-012

Schools near 7101 Chanslor Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Elizabeth Learning Center
Public - K to 12
Bell Senior High School
Public - 9 to 12
Maywood Academy High
Public - 9 to 12
Visual And Performing Arts At Legacy High School Complex
Public - 9 to 12
Rating
School
Distance
Elizabeth Learning Center
PublicK to 12

Bell Senior High School
Public9 to 12

Maywood Academy High
Public9 to 12

Visual And Performing Arts At Legacy High School Complex
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Nicholas Petrosian, DRE #01462598

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.