5822 Gage Avenue, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath

5822 Gage Avenue, Bell Gardens, California 90201 home-pic-0
ACTIVE$2,000,000
5822 Gage Avenue, Bell Gardens, California 90201
0Bed
0Bath
3,334Sqft
5,505Lot
Year Built
2024
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$600
HOA
-
Days on market
-
Sold On
-
MLS number
PW25264468
Home ConditionExcellent
Features
Patio
View-

About this home

We found 4 Cons,5 Pros. Rank: price - $2.00M(93th), sqft - 3334(73th), beds - undefined(50th), baths - undefined(50th).

Rare contemporary newly built fourplex in centrally located Bell Gardens. This property is ideal for an owner-user, a 1031 exchange buyer, or a multigenerational family seeking a private compound. As new construction, the building is not subject to rent control. The property can potentially be delivered fully occupied at a 4.83% cap rate, with a pro forma cap rate of approximately 5.33%. The front two detached townhome-style units (Buildings 1 and 2) each feature 3 bedrooms, 2 baths, and an upstairs den that can function as a fourth bedroom, office, or flex space; both are currently rented for $3,495 per month. In Building 3, the ground-floor one-bedroom unit is projected to rent for $2,600 per month, and the upper two-bedroom unit with vaulted ceilings is projected to rent for $3,000 per month, bringing the total projected income to $12,590 per month. The property is professionally managed and offers abundant natural light, gated rear parking, separate electrical meters for all-electric units, drought-tolerant landscaping, designer finishes, and more. Bell Gardens is a strong Southeast Los Angeles rental market known for affordability, high demand, and convenient proximity to the 710, 5, and 105 freeways, providing quick access to Downtown Los Angeles, Long Beach, and LAX. The city is anchored by major employers such as The Bicycle Hotel & Casino and features parks, community amenities, ADU-friendly zoning, and nearby shopping including the Citadel Outlets. Long-standing neighborhoods and consistent appreciation make this an excellent opportunity for investors seeking reliable cash flow and long-term value.

Nearby schools

5/10
Cesar E. Chavez Elementary School
Public,K-50.4mi
3/10
Garfield Elementary School
Public,K-50.9mi
4/10
Woodlawn Avenue Elementary School
Public,K-51.0mi
5/10
Bell Gardens Elementary School
Public,K-51.1mi
5/10
Suva Elementary School
Public,K-51.2mi
4/10
Park Avenue Elementary School
Public,K-61.2mi
4/10
Bandini Elementary School
Public,K-52.2mi
7/10
Price Elementary School
Public,K-52.2mi
3/10
Bell Gardens Intermediate School
Public,6-80.6mi
/10
Laguna Nueva School
Public,K-80.9mi
4/10
Ellen Ochoa Learning Center
Public,K-81.1mi
4/10
Suva Intermediate School
Public,6-81.1mi
4/10
Chester W. Nimitz Middle School
Public,6-82.2mi
7/10
Griffiths Middle School
Public,6-82.2mi
4/10
Orchard Academies 2b School
Public,6-82.2mi
3/10
Bell Gardens High School
Public,9-120.4mi
4/10
Elizabeth Learning Center
Public,K-121.5mi
5/10
Maywood Academy High
Public,9-121.7mi
5/10
Bell Senior High School
Public,9-121.7mi
7/10
Warren High School
Public,9-123.0mi

Price History

Date
Event
Price
11/21/25
Listing
$2,000,000
03/03/21
Sold
$380,000
11/05/14
Sold
$205,000
Condition Rating
Excellent

This property was built in 2024, making it brand new construction. The images confirm a modern aesthetic with new white shaker cabinets, stainless steel appliances, contemporary fixtures (black and gold tones), recessed lighting, and LVP flooring throughout. Bathrooms feature modern vanities, tiled showers/tubs, and updated fixtures. All components appear new and meet current quality standards with no signs of wear or deferred maintenance, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Brand New Construction & Rent Control Exemption: Built in 2024, this property is exempt from rent control, offering significant long-term stability and flexibility for landlords in the Los Angeles market.
Strong Cash Flow & Investment Potential: With a current cap rate of 4.83% and a pro forma cap rate of 5.33%, the property offers attractive cash flow and solid returns for investors.
Versatile Ownership Opportunities: The fourplex is suitable for owner-users, 1031 exchange buyers, or multi-generational families, broadening its appeal and potential buyer pool.
Modern Design & Tenant-Friendly Features: Units boast abundant natural light, designer finishes, separate electrical meters, and gated rear parking, appealing to modern renters and simplifying utility management.
Strategic & High-Demand Location: Situated in Bell Gardens, a strong rental market with high demand, excellent freeway access (710, 5, 105), proximity to major employers, and community amenities.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 3334, other record living area = 800.
Market Tier Limitations: While affordable and high-demand, Bell Gardens is a lower-tier rental market compared to some other LA submarkets, potentially limiting the ceiling for rental income growth and property appreciation.
Lack of Explicit Private Outdoor Space: The description does not clearly specify private outdoor areas (e.g., patios, balconies) for all individual units, which can be a desirable feature for tenants, especially in new construction.
Reliance on Pro Forma Income: The higher 5.33% cap rate is a pro forma projection, meaning it relies on future rental assumptions rather than fully realized income, introducing a degree of financial uncertainty.

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