6511 Otis Avenue B Bell, CA ^$ 1,100,000

6511 Otis Avenue B

^$ 1,100,000

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6511 Otis Avenue B

Bell, CA, 90201

^$ 1,100,000

Bedrooms1 Baths1.0 Sq 2,481

Monthly Estimate*

^$ 7,684

Listed by eXp Realty of California Inc

6511 Otis Avenue B, Bell, CA 90201 - Image 1

Multi-Family Home for sale in Bell, CA

for $1,100,000 with 1 bedroom and 1 full bath. This 2,481 square foot home was built in 1956 on a lot size of 0.1853.

Welcome to this fantastic 1950’s Art Deco Inspired Fourplex in Bell. The property consists of a Three Unit building in front along with a One Unit building and 3 car garage in the rear. The unit mix is comprised of Three 1 Bedroom, 1 Bath units and a 2 Bedroom, 1 Bath Unit. There is a lot of room for upside potential as only one unit is at or close to full market rate. Take advantage of this good cap rate and make it better!

Multi-Family Active

Price

^$ 1,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Quadruplex

Lot Size

0.1853

Year Built

1956

Town/City

Bell

County/Region

Los Angeles

MLS | Web ID

PW24043645

Days on Market

Features

General

Sewer PublicSewer

Heating FloorFurnace WallFurnace

Zoning BLR3*

HOA 0.0

Garage Spaces 3.0

Pool Features None

Year Built 1956

Tenant Pays Electricity Gas

Stories 1

Levels One

Unit Number B

Property SubType Quadruplex

Gross Income 7800.0

Community Features Curbs StormDrains StreetLights Suburban Sidewalks

County Los Angeles

Net Operating Income 67810.0

Operating Expense 10190.0

Insurance Expense 2500.0

New Construction N

Property Type ResidentialIncome

HOA / Comm Assn N

Attached Garage N

Garage Y/N Y

Special Listing Conditions Standard Trust

Status ActiveUnderContract

Directions Off Atlantic between Gage and Bell

City Bell

Entry Location 1

View Y/N N

Senior Community Y/N N

Open Parking Spaces 12.0

Total Units 4

MLS Area T6 - Maywood Bell

Lot Size Square Feet 8072.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Otis

Listing Terms CashtoNewLoan

Property Attached Y/N N

Land Lease Y/N N

Electric Expense 0.0

Home Warranty Y/N N

Fuel Expense 0.0

Trash Expense 954.0

Water Sewer Expense 1852.0

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 35

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Year Built Source Assessor

Tax Lot 11

Property Sub Type Additional Quadruplex

Cap Rate 6.5

Exterior

Water Source Public

Total Parking 15.0

Lot Size Area 8072.0

Number of Buildings 2

Spa N

Building Area Total 2481.0

Lot Size Acres 0.1853

Lot Size Units SquareFeet

Lot Size Source Assessor

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Common Walls NoCommonWalls

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 1

Electric On Property Y/N N

Internal Only

Street Number 1 6511

* Excluded Features

List By

Exp Realty Of California Inc

Broker

(714) 270-7355

Phone

Affordability Calculator

$7,684

Per Month

Monthly Principal & Interest: $7,684
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Bell, CA

Average List Price ^$964,978

Percent of Sale Price 12%

About Bell, CA

35,222 Population

-5% Since 2002

^$39,767 Median Income

31.87 Median Age

48% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$1,100,000		Listed Price

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6511 Otis Avenue B, Bell, CA, 90201 is a Multi-Family Home for sale at $1,100,000 with 2,481 sqft and a lot size of 0.1853. 6511 Otis Avenue B has 1 bedrooms, 1.0 baths, and was built in 1956. The property's zip code is 90201 which is in Bell, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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6511 Otis Avenue B

Multi-Family Home for sale in Bell, CA

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