Bell Gardens, CA 90201,5715 Priory ST

$1,039,000

Est. payment /mo

$1,120,000

7.2%
Est.Price: ?

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5715 Priory ST Bell Gardens, CA 90201

2,916 SqFt

SOLD DATE : 04/24/2023

Key Details

Sold Price $1,039,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 2,916 sqft

Price per Sqft $356

MLS Listing ID PW23022526

Sold Date 04/24/23

HOA Y/N No

Year Built 1922

Lot Size 0.276 Acres

Acres 0.2761

Property Description

5715 Priory St is an excellent 5-Unit investment opportunity in the city of Bell Gardens situated on an oversized 12,000+ sqft lot and comprised of three single-story buildings in a garden-like setting. The property has wonderful curb appeal with newly painted exteriors, private porches and open green areas between each building. The front unit features a large fenced-in yard, providing valuable additional space and a potential opportunity for further development. In addition, there is gated parking for 7 vehicles as well as a currently underutilized stand-alone garage structure with three single-car garages providing even more income potential. This property benefits from an extremely low vacancy rate, stable rents and an attractive central location with a consistently high demand for rentals. Each unit is individually metered for electricity and gas, keeping ongoing expenses low. Don’t miss this amazing value-add opportunity to take an already successful investment and maximize it to its full potential.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Zoning BGR3PD*

Rooms

Ensuite Laundry None

Interior

Interior Features All Bedrooms Down

Laundry Location None

Heating Wall Furnace

Cooling None

Fireplaces Type None

Fireplace No

Laundry None

Exterior

Garage Assigned, Door-Multi, Garage, Gated, On Site, Garage Faces Side

Garage Spaces 3.0

Garage Description 3.0

Fence Chain Link

Pool None

Community Features Curbs, Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View City Lights

Parking Type Assigned, Door-Multi, Garage, Gated, On Site, Garage Faces Side

Total Parking Spaces 7

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Landscaped, Near Public Transit

Story One

Entry Level One

Foundation Raised

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6227009031

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Conventional

Special Listing Condition Probate Listing

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California Regional MLS (CRMLS)
Listed by Casey McKinley • Compass • 858-761-1401
Bought with Evelyn Baez Gonzalez • Lyon Stahl Investment Real Estate, Inc.

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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