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6329 Casitas Avenue

6329 Casitas Avenue,Bell, CA 90201

1924

Year Built

$995,000

Price

Property Details

Price Per Unit

$497,500

Price per SF

$497,500

Current Cap Rate

4.21%

Market Cap Rate

4.21%

Current GRM

15.08

Market GRM

15.08

6329 Casitas Avenue

6329 Casitas Avenue,Bell, CA 90201

$995,000

Price

Property Details

Price per SF

$497,500

Price Per Unit

$497,500

Price per SF

$497,500

Current Cap Rate

4.21%

Market Cap Rate

4.21%

Year Built

1924

Current GRM

15.08

Market GRM

15.08

Description

6329 Casitas Avenue is a turnkey single family residence with an ADU located in quiet, residential Bell, California. The property sits on a large 5,711-square-foot lot and is zoned R3.
The front house is comprised of a 3 BD / 2 BA unit and the rear structure is a 1 BD / 1 BA ADU. Both units have been beautifully renovated with designer fixtures and finishes. The property also features ample parking and yard space.
The City of Bell, located in the Southeast Los Angeles submarket, presently has one of the lowest vacancy rates among submarkets in Los Angeles metro, with asking rate gains outpacing the metro average in recent years.
The City’s close proximity to the I-5 and I-710 freeways provides easy access to central Los Angeles and Orange County employment hubs.

Highlights

  • Turnkey 3 BD/2 BA SFR with 1 BD/1BA ADU
  • Designer Fixtures and Finishes
  • Large 5,711 Square Foot Lot
  • Convenient Access to Employment Centers
  • Investment or Owner/User Opportunity

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