Bell, CA 90201,6241 Alamo Ave
Bell, CA 90201,6241 Alamo Ave
Bell, CA 90201,6241 Alamo Ave
Bell, CA 90201,6241 Alamo Ave
Bell, CA 90201,6241 Alamo Ave
Bell, CA 90201,6241 Alamo Ave
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$ 1,000,000
Est. payment | /mo

8 Beds

4 Baths

3,672 SqFt


Save
$ 1,000,000
Est. payment | /mo
Save

8 Beds

4 Baths

3,672 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,672 sqft

Price per Sqft $272

MLS Listing ID 25583621

Style Low Rise

Bedrooms 8

Year Built 1964

Lot Size 5,874 Sqft

Acres 0.1348

Property Sub-Type Multi-Family

Property Description

NO RENT CONTROL. 6241 ALAMO (4 UNITS $1,000,000) TO BE SOLD TOGETHER WITH 6237 ALAMO (4 UNITS $1,000,000) FOR A TOTAL PACKAGE PRICE OF $2,000,000!Rarely available on the market, this well-maintained 8-unit investment offers a unique opportunity to acquire two neighboring 4-unit buildings sold together as one package. Situated on a 12,034 SF lot with 7,344 SF of living area, the property features a desirable 2-bedroom/1-bath unit mix, each with in-unit laundry hookups that support strong tenant demand and long-term retention.The combined property currently generates $12,560 per month in rental income, with over 40% income upside compared to market rents. All units are fully occupied and current on rent, providing immediate cash flow along with exceptional value-add potential.Recent capital improvements further strengthen the property's appeal and reduce near-term expenses, including a brand-new roof with carport (2023, $52,500) and new concrete in the alley and backyard (2024, $14,000). With 12 on-site parking spaces and consistent management, this is a clean, low-maintenance multifamily investment. Conveniently located just minutes from the 710 and 5 freeways, this offering combines stability, strong rental upside, and long-term growth potential- ideal choice for investors seeking value-add opportunities, redevelopment options, or a 1031 exchange.

Location

State CA

County Los Angeles

Area Maywood, Bell

Zoning BLR3*

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling None

Flooring Hardwood, Laminate, Carpet

Fireplaces Type None

Equipment Gas Or Electric Dryer Hookup

Laundry In Unit

Exterior

Parking Features Carport

Garage Spaces 6.0

Roof Type Asphalt

Building

Lot Description 2-4 Lots

Story 2

Architectural Style Low Rise

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Ivy Realty Co.

GET MORE INFORMATION

agent
Aperture Caribbean

+1(888) 903-9611 | aperturecaribbean@apertureglobal.com

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6241 Alamo Ave