6612 Jaboneria Rd, Bell Gardens, CA 90201

6612 Jaboneria Rd, Bell Gardens, CA 90201

Bell Gardens, CA

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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