6514 Foster Bridge Boulevard, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath

6514 Foster Bridge Boulevard, Bell Gardens, California 90201 home-pic-0
ACTIVE$1,175,000$2,550/sqft
6514 Foster Bridge Boulevard, Bell Gardens, California 90201
0Bed
0Bath
2,550Sqft
6,182Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Strong Investment Potential: This 4-unit quadruplex is explicitly marketed as an 'AMAZING INVESTMENT OPPORTUNITY' and 'prime multi-unit opportunity,' ideal for generating rental income.
Top Cons:
Property Age: Built in 1959, the property is over 60 years old, which may indicate potential for aging infrastructure, systems, and higher long-term maintenance costs.

Compared to the nearby listings

Price:$1.18M vs avg $1.05M (+$125,000)73%
Size:2,550 sqft vs avg 2,344 sqft60%
Price/sqft:$461 vs avg $46150%

More Insights

Built in 1959 (67 years old).
Condition: Built in 1959, this quadruplex shows a mix of conditions. One unit features a recently updated kitchen with modern grey cabinets, white countertops, and new fixtures, along with a renovated bathroom with contemporary vanity and marble-look shower panels. However, another unit displays a very dated kitchen with original wood cabinets and tile countertops, and a bathroom with vintage green subway tiles and fixtures. The exterior appears maintained but dated, and the presence of window AC units and wall heaters indicates a lack of central HVAC. While some units have seen recent updates, the overall property, due to its age and the significantly outdated elements in other units, requires further substantial updates to meet modern standards.
Year Built
1959
Close
-
List price
$1.18M
Original List price
$1.18M
Price/Sqft
$461
HOA
-
Days on market
-
Sold On
-
MLS number
DW26006061
Home ConditionFair
Features
View-

About this home

AMAZING INVESTMENT OPPORTUNITY in the heart of Bell Gardens! This 4-unit property features spacious, well-maintained units with assigned parking for each. TWO of the units—both 2 bed, 1 bath—will be DELIVERED VACANT, perfect for immediate rental income and/or owner occupancy. The other 2 units are 1 bed, 1 bath to be delivered occupied. A shared laundry room offers potential for added revenue. Property is pet-free, ensuring low maintenance. Conveniently located near shopping centers, restaurants, parks, schools, and entertainment including The Bicycle Hotel & Casino, Bell Gardens John Anson Ford Park, and quick access to the 710 and 5 freeways. Don’t miss this prime multi-unit opportunity! PROFESSIONAL PICTURES COMING SOON!

A
Ali Kassira
Listing Agent

Nearby schools

5/10
Suva Elementary School
Public,K-50.3mi
5/10
Cesar E. Chavez Elementary School
Public,K-50.6mi
3/10
Garfield Elementary School
Public,K-50.7mi
7/10
Price Elementary School
Public,K-51.3mi
5/10
Bell Gardens Elementary School
Public,K-51.6mi
4/10
Park Avenue Elementary School
Public,K-61.8mi
4/10
Woodlawn Avenue Elementary School
Public,K-51.9mi
4/10
Bandini Elementary School
Public,K-52.7mi
4/10
Suva Intermediate School
Public,6-80.2mi
/10
Laguna Nueva School
Public,K-80.2mi
3/10
Bell Gardens Intermediate School
Public,6-81.1mi
7/10
Griffiths Middle School
Public,6-81.3mi
4/10
Ellen Ochoa Learning Center
Public,K-81.9mi
4/10
Chester W. Nimitz Middle School
Public,6-83.2mi
4/10
Orchard Academies 2b School
Public,6-83.2mi
3/10
Bell Gardens High School
Public,9-120.6mi
4/10
Elizabeth Learning Center
Public,K-122.2mi
7/10
Warren High School
Public,9-122.5mi
5/10
Bell Senior High School
Public,9-122.6mi
5/10
Maywood Academy High
Public,9-122.6mi

Price History

Date
Event
Price
08/27/24
Sold
$985,000
Condition Rating
Fair

Built in 1959, this quadruplex shows a mix of conditions. One unit features a recently updated kitchen with modern grey cabinets, white countertops, and new fixtures, along with a renovated bathroom with contemporary vanity and marble-look shower panels. However, another unit displays a very dated kitchen with original wood cabinets and tile countertops, and a bathroom with vintage green subway tiles and fixtures. The exterior appears maintained but dated, and the presence of window AC units and wall heaters indicates a lack of central HVAC. While some units have seen recent updates, the overall property, due to its age and the significantly outdated elements in other units, requires further substantial updates to meet modern standards.
Pros & Cons

Pros

Strong Investment Potential: This 4-unit quadruplex is explicitly marketed as an 'AMAZING INVESTMENT OPPORTUNITY' and 'prime multi-unit opportunity,' ideal for generating rental income.
Immediate Income & Flexibility: Two of the 2-bedroom units will be delivered vacant, offering immediate potential for market-rate rental income or owner occupancy.
Tenant Conveniences: The property provides assigned parking for each unit and a shared laundry room, enhancing tenant convenience and offering potential for additional revenue.
Strategic Location: Conveniently located in Bell Gardens, with excellent proximity to shopping, restaurants, parks, schools, and major freeways (710 & 5), boosting tenant appeal.
Well-Maintained Units: The description highlights 'spacious, well-maintained units,' suggesting a good baseline condition for the property.

Cons

Property Age: Built in 1959, the property is over 60 years old, which may indicate potential for aging infrastructure, systems, and higher long-term maintenance costs.
Limited Current Visuals: The note 'PROFESSIONAL PICTURES COMING SOON!' suggests a current lack of comprehensive visual information, which can initially hinder a full buyer assessment.
Existing Occupied Units: Two units will be delivered occupied, meaning a new owner will inherit existing tenants and leases, potentially limiting immediate rent adjustments or renovations for those specific units.
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