8042 Garfield Avenue

Bell Gardens, CA 90201

$995,000
Last Sold Price
7
Beds
11
Baths
2,747 Sq. Ft.
$362 / Sq. Ft.
2,747
Sq. Ft.
$362
per Sq. Ft.

Description

We are pleased to present a unique investment opportunity in the heart of Bell Gardens, California. This well-maintained quadruplex is hitting the market for the first time in 40 years, offering an ideal chance for both seasoned and novice investors. Each unit offers spacious living areas with ample natural light. Functional kitchens equipped with essential appliances. Each unit is independently metered for gas and electricity, owner pays water and trash. Well-kept common areas with convenient on-site...We are pleased to present a unique investment opportunity in the heart of Bell Gardens, California. This well-maintained quadruplex is hitting the market for the first time in 40 years, offering an ideal chance for both seasoned and novice investors. Each unit offers spacious living areas with ample natural light. Functional kitchens equipped with essential appliances. Each unit is independently metered for gas and electricity, owner pays water and trash. Well-kept common areas with convenient on-site parking available for tenants. Recent upgrades include new roofing on all 4 units. Close proximity to local shopping centers, parks, and schools. Easy access to major highways and public transportation. This property not only offers a stable rental income but also potential for capital appreciation given its good condition and desirable location. Whether you're looking to expand your rental portfolio or step into real estate investment, this quadruplex promises to be a prudent choice. For more information or to schedule a viewing, please contact Listing Agent Rosalba Farias.
  1. Listed by Rosalba Farias • DRE #00987798 • Brokerage DRE #01333814 • RE/MAX CHAMPIONS • 626-606-4888

Property Details for 8042 Garfield Avenue

Architectural Style
Colonial
Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Lot Size Dimensions
71 X 150
Living Area
2747
LISTING UPDATED: 07/16/2024 08:42 AM

Property Details for 8042 Garfield Avenue

StatusClosed
MLS #CV24088544
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1949
Lot Size0.24 AC / 10,582 SF
CountyLos Angeles County

Building Information for 8042 Garfield Avenue

Stories1Residences-Year Built1949Building Size-Lot Size0.24 AC / 10,582 SF

Property Information for 8042 Garfield Avenue

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $58,800
  • Gross Scheduled Income: $0
  • Net Operating Income: $54,600
  • Current Financing: None
  • Financing: Conventional
Expense Details
  • Operating Expense: $100
  • Insurance Expense: $1,800
  • Trash Expense: $0
  • Water Sewer Expense: $2,400
  • Total Expenses: $4,200
Tax / Assessment Info
  • Tax Block: 7
  • Tax Tract Number: 11318
  • Tax Census Tract: 5342.03
  • CFD/Mello-Roos Fee: $3,216
  • Tax Lot: 7
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Biking, Park, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: Gas Or Electric Dryer Hookup, Inside, Room
  • Interior Features: Ceramic Counters, Tile Counters
  • Room Type: All Bedrooms Down, Family Room
  • Bedroom Features: All Bedrooms Down
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Flooring: Carpet, Tile
Exterior Features
  • Security Features: Carbon Monoxide Detector(s)
  • Construction Materials: Drywall Walls
  • Entry Location: Driveway
  • Fence: Yes
  • Fence: Chain Link, Stucco Wall
  • Fencing: Chain Link, Fair Condition, Stucco Wall
  • Foundation Details: Slab
  • Other Structures: Second Garage Detached
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Walkstreet, Yard
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 2
  • Parking: No
  • Parking Garage: None
  • Parking Garage Spaces: 2
  • Carport Spaces: 2
  • Parking Features: None
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1600
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 8042 Garfield 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 8042 Garfield Avenue

Taxable ValueLand$87,058Additions$54,400Total$141,458
Tax Record2024$4,928 ($411 / month)
Home Facts
Total Finished SqFt2,747 SqFtAbove Grade Finished SqFt2,747 SqFtLot Size10,579 SqFtStyleQuadraplexYear Built1949ZoningBGCM*CountyLOS ANGELESAPN6230-025-007

Schools near 8042 Garfield 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
Garfield Elementary School
PublicK to 5

Bell Gardens 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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Similar Sold 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. 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 RE/MAX CHAMPIONS, Rosalba Farias, DRE #00987798

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.