Properties
Bell, CA 90201 6921 Sherman Way
$1,650,000
1 more
Presented By: Richard Bell with Bell Realty Group; 714-309-3549
Baths • 1
SQFT • 6,076
Garage • 10
Home Details
An opportunity to own 6 units with separate meters, INCLUDING SEPARATE WATER METERS. This is rare and ideal for the next time there are water restrictions as the tenants will be responsible for their own conservation efforts. Plus, keeps the owner's utility expenses low! Property includes a newer 4-plex, built in 1989, plus two detached single family homes. They are an attractive unit mix of 5- Two bedroom units and 1 - Three bedroom unit. The SFRs are in the front and back of this large lot of over 16,000 Sq. Ft. Property has abundant parking with 5 two car garages and 7 open spaces. The buildings were tented and fumigated about 4 years ago. The front house is a 3/2 but is being used as a nonconforming duplex. The laundry and adjacent storage room have the possibility of being converted into an ADU, Buyer to check with City for possibilities. Residents love the proximity to shopping, public transportation and freeways.
Presented By: Richard Bell with Bell Realty Group; 714-309-3549
Interior Features for 6921 Sherman Way
Other Interior Features
Common Walls1 Common Wall
Heating Y/NYes
Laundry FeaturesNone
Total Stories2
Other Rooms
Entry Level1
General for 6921 Sherman Way
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate4.7
CityBell
Community FeaturesCurbs, Sidewalks
CountyLos Angeles
DirectionsW/ of 710 and N/ Florence Ave.
Electric Expense1000
Entry Locationboth
Fuel Expense
Garage Spaces10
Garage Y/NYes
Gross Income128640
HOANo
HOA Fee$
HeatingWall Furnace
Insurance Expense7000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash, Cash to New Loan
Lot Size Square Feet16198
Lot Size UnitsSquare Feet
MLS AreaT6 - Maywood, Bell
MaintenanceExpense4000
Net Operating Income77184
New ConstructionNo
Number Of Units Total6
Number of Units Leased6
Open Parking Spaces7
Operating Expense47597
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityBELL GARDENS
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot25
Taxes$21,760
Tenant PaysElectricity, Gas, Repairs, Water
Total Actual Rent10720
Trash Expense3500
UtilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
ViewNone
Water Sewer Expense1000
Year Built1989
Year Built SourcePublic Records
Exterior for 6921 Sherman Way
Building Area Total6076
Lot Size Acres0.3719
Lot Size Area16198
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters7
Number of Separate Gas Meters7
Number of Separate Water Meters7
Parking FeaturesAssigned
Private PoolNo
Road Frontage TypeCity Street
SpaNo
Total Parking17
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
