6612 Jaboneria Rd, Bell Gardens, CA 90201

6612 Jaboneria Rd, Bell Gardens, CA 90201

Bell Gardens, CA
$1,700,000

Property Description

The Glaser Group is pleased to present 6612 Jaboneria Rd in Bell Gardens, a unique quadruplex investment opportunity. This four-unit multifamily property, constructed in 1991, offers a rare mix of all large two-bedroom, three-bedroom, and four-bedroom units, each averaging 1,347 square feet. Originally a single-family home on a spacious lot, the property was expanded to four units in total in the 90s and has been under the same ownership for over 30 years. The current below-market rents present an extraordinary 95% upside potential, positioning this quadruplex as an attractive opportunity for investors seeking substantial returns. Given that all of the current rents are below 80% of ‘Fair Market Value’, they qualify with the City of Bell Gardens for an additional 3% increase, totaling 4.9% (Buyer to verify). Additionally, each unit features a private two-car garage with washer/dryer inside, as well as a private outdoor patio. The back unit’s patio (#C) wraps around into a large, grassy backyard.

Property Features

  • Sale Price: $1,700,000
  • Area Size: 5,387 Sq. Ft.
  • Land Area: 0.26 Acres
  • Year Built: 1991
  • Listing Date: 10/5/2023
  • Units: 4
  • Current GRM: 23.61
  • Current Cap Rate: 2.15%
  • Price Per Unit: $425,000
  • Market GRM: 12.11
  • Market Cap Rate: 6.05%
  • Current NOI: $36,556

Lyon Stahl Investment Real Estate

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