6519 Darwell Avenue

Bell Gardens, CA 90201

$1,075,000
Last Sold Price
8
Beds
6
Baths
3,055 Sq. Ft.
$352 / Sq. Ft.
3,055
Sq. Ft.
$352
per Sq. Ft.

Description

Back on market! Private Seller Financing available! We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 100% single story construction and offers a unit mix of; 1(2Bed/1.5Baths), 2(2Bed/1Bath)s, & 2(1Bed/1Bath)s. The rental units are situated in 2 separate buildings with a total rental square footage of 3,055 SqFt. Tenants pay for electricity and gas while the owner pays for water and trash. Tenants enjoy...Back on market! Private Seller Financing available! We are pleased to exclusively offer for sale this 5 unit multi-family investment in the city of Bell Gardens. The subject property is comprised of 100% single story construction and offers a unit mix of; 1(2Bed/1.5Baths), 2(2Bed/1Bath)s, & 2(1Bed/1Bath)s. The rental units are situated in 2 separate buildings with a total rental square footage of 3,055 SqFt. Tenants pay for electricity and gas while the owner pays for water and trash. Tenants enjoy an onsite laundry facility as well as onsite garage and car-port parking. The current rental rates are well below market level offering a savvy investor the opportunity of a potential 60+% upside in gross rental income. The seller is willing to provide private seller financing with the following terms: 40% down payment, 3 year term, 6% interest only payments, no pre-pay penalty.
  1. Listed by Kristopher German • DRE #01800021 • Brokerage DRE #01264629 • RE/MAX 2000 REALTY • 909-645-0443

Property Details for 6519 Darwell Avenue

Parking Spaces Total
10
Private Pool
No
Total Units
5.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3055
Assessor Parcel Number
6329-013-053
Property Attached YN
true

Location

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021

Sold By Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

Add your commute
LISTING UPDATED: 07/20/2023 09:21 AM

Property Details for 6519 Darwell Avenue

StatusClosed
MLS #CV23029595
Days on Market76
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1940
CountyLos Angeles County

Location

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021

Sold By Lyon Stahl Investment Real Estate, Inc., Olga Wright, DRE #01315042

Add your commute

Building Information for 6519 Darwell Avenue

Building/Complex6519 Darwell AveFloor-Stories1Residences-Pet Policy-Year Built1940Building Size-

Payment Calculator

$7,143 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,867

Property Taxes

$1,276

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 6519 Darwell Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $64,716
  • Gross Scheduled Income: $69,120
  • Gross Spendable Income: $69,120
  • Vacancy Allowance: 2074
  • Gross Operating Income: $67,046
  • Net Operating Income: $45,768
  • Laundry Income: $1,941
  • Financing: Cash To New Loan
Expense Details
  • Operating Expense: $21,279
  • New Taxes Expense: $12,717
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,800
  • Maintenance Expense: $3,750
  • Professional Management Expense: $0
  • Other Expense: $750
  • Other Expense Description: Reserves
  • Trash Expense: $0
  • Water Sewer Expense: $2,262
  • Total Expenses: $21,279
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 11259
  • Tax Census Tract: 5339.02
  • CFD/Mello-Roos Fee: $3,274
  • Tax Lot: 32
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Community, Inside
Exterior Features
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 2-5 Units/Acre, Lot 10000-19999 Sqft
  • Number Of Units: 5
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Garage
  • Uncovered Spaces: 2
  • Open Other Spaces Total: 2
  • Parking Garage Spaces: 2
  • Carport Spaces: 6
  • Parking Features: Assigned, Detached Carport, Garage
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,190
  • Unit Type Total Rent: $1,190
  • Unit Type Pro Forma: 1895
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,103
  • Unit Type Total Rent: $1,103
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,103
  • Unit Type Total Rent: $1,103
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,230
  • Unit Type Total Rent: $1,230
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,016
  • Unit Type Total Rent: $1,016
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 5
Unit Information
  • Number Of Units Leased: 5
  • Rent Controlled: Yes
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1

Property History for 6519 Darwell Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 6519 Darwell Avenue

Taxable ValueLand$515,076Additions$463,217Total$978,293
Tax Record2023$15,312 ($1,276 / month)
Home Facts
Total Finished SqFt3,055 SqFtAbove Grade Finished SqFt3,055 SqFtStories1Lot Size10,974 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningBGR3*CountyLOS ANGELESAPN6329-013-053

Schools near 6519 Darwell Avenue

This home is within Montebello Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Cesar E. Chavez Elementary School
PublicK to 5

Suva Intermediate School
Public6 to 8

Bell Gardens High School
Public9 to 12

Vail High (Continuation) School
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.

Similar Homes

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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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021

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.