$1,540,000
$1,625,000
5.2%For more information regarding the value of a property, please contact us for a free consultation.
10550 Bell Street Stanton, CA 90680
7 Beds
Key Details
Sold Price $1,540,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC22105437
Sold Date 09/08/22
Bedrooms 7
Property Sub-Type Res Income 2-4 Units
Property Description
Great Investment Opportunity to obtain 4 Units, in a phenomenal Stanton location! Subject property located at 10550 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. The 4-plex contains three (3) large 2 bedroom and 2 bath units and one (1) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and most units have new flooring on the interior. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Property can be sold separately but must close concurrently with 10560 Bell Street. Each 4-plex being offered at $1,699,000 and both properties together being offered at $3,398,000. This is a must see property.
Location
State CA
County Orange
Zoning Public Rec
Direction Knott to Cerritos, right on Cerritos, then an immediate right onto Bell. Property on the left
Interior
Fireplace No
Exterior
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Read Less
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Bought with Matthew Hoyt Hoyt Real Estate, Inc.
