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6921 Atlantic AVE Bell, CA 90201
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Key Details
Sold Price $1,715,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW21089069
Year Built 1960
Lot Size 0.406 Acres
Property Description
This is a true 6.03% cap rate based on actual income. This multi tenant automotive investment opportunity is located in Bell, CA. The building consists of 5 units, however, 3 tenants occupy 100% of the building. The property is well laid out with 7 automotive bays in total. An oversized lot provides the tenants with ample parking as well. There is a large pole sign that brings added visibility to the center. Tenants are all paying their full rent and the center is always buzzing with activity. 2021 Capital Improvements: New elastomeric roof coating system over units 6929 and 6929 1/2 (5 year warranty). Brand new sewer line. Seller has a Phase 1 and Phase 2, with soil samples. No environmental concerns. See supplement for complete rent roll.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Interior
Laundry None
Building
Lot Description Level, Rectangular Lot
Water Public
Others
Special Listing Condition Standard
Read Less
Bought with NONE NONE • None MRML