6514 Foster Bridge Boulevard D, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath
ACTIVE$950,000
6514 Foster Bridge Boulevard D, Bell Gardens, California 90201
0Bed
0Bath
2,550Sqft
6,182Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Multi-Unit Investment Opportunity: This quadruplex property offers a strong investment opportunity with four units, providing diversified rental income potential.
Top Cons:
Age of Property: Built in 1959, the property's age may imply older infrastructure and systems, potentially requiring future maintenance or upgrades to remain competitive.
Compared to the nearby listings
Price:$950.0K vs avg $1.02M ($-69,000)47%
Size:2,550 sqft vs avg 2,344 sqft60%
Price/sqft:$373 vs avg $42447%
More Insights
Built in 1959 (66 years old).
Condition: Built in 1959, the property shows signs of regular upkeep with fresh paint and newer laminate/carpet flooring in the vacant unit. However, the kitchen features dated cabinets, laminate countertops, and older appliances. The bathroom also presents an older vanity and tile work. While functional and clean, the core elements of the kitchen and bathroom are significantly outdated, suggesting a renovation that occurred 15-30 years ago rather than a recent one, aligning with the 'Fair' condition criteria.
Year Built
1959
Close
-
List price
$950K
Original List price
$970K
Price/Sqft
$373
HOA
-
Days on market
-
Sold On
-
MLS number
DW25052886
Home ConditionFair
Features
Patio
View-
About this home
Great investment opportunity in the heart of Bell Gardens! This 4-unit property features spacious, well-maintained units with assigned parking for each. One of the units—a 2 bed, 1 bath—will be delivered vacant, perfect for owner-occupancy or immediate rental income. The other three units consist of (2) 1 bed, 1 bath & (1) 2 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!
Nearby schools
5/10
Suva Elementary School
Public,•K-5•0.3mi
5/10
Cesar E. Chavez Elementary School
Public,•K-5•0.6mi
3/10
Garfield Elementary School
Public,•K-5•0.7mi
7/10
Price Elementary School
Public,•K-5•1.3mi
5/10
Bell Gardens Elementary School
Public,•K-5•1.6mi
4/10
Park Avenue Elementary School
Public,•K-6•1.8mi
4/10
Woodlawn Avenue Elementary School
Public,•K-5•1.9mi
4/10
Bandini Elementary School
Public,•K-5•2.7mi
4/10
Suva Intermediate School
Public,•6-8•0.2mi
/10
Laguna Nueva School
Public,•K-8•0.2mi
3/10
Bell Gardens Intermediate School
Public,•6-8•1.1mi
7/10
Griffiths Middle School
Public,•6-8•1.3mi
4/10
Ellen Ochoa Learning Center
Public,•K-8•1.9mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•3.2mi
4/10
Orchard Academies 2b School
Public,•6-8•3.2mi
3/10
Bell Gardens High School
Public,•9-12•0.6mi
4/10
Elizabeth Learning Center
Public,•K-12•2.2mi
7/10
Warren High School
Public,•9-12•2.5mi
5/10
Bell Senior High School
Public,•9-12•2.6mi
5/10
Maywood Academy High
Public,•9-12•2.6mi
Price History
Date
Event
Price
08/27/24
Sold
$985,000
Condition Rating
Fair
Built in 1959, the property shows signs of regular upkeep with fresh paint and newer laminate/carpet flooring in the vacant unit. However, the kitchen features dated cabinets, laminate countertops, and older appliances. The bathroom also presents an older vanity and tile work. While functional and clean, the core elements of the kitchen and bathroom are significantly outdated, suggesting a renovation that occurred 15-30 years ago rather than a recent one, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
Multi-Unit Investment Opportunity: This quadruplex property offers a strong investment opportunity with four units, providing diversified rental income potential.
Immediate Occupancy/Rental Flexibility: One 2-bedroom, 1-bath unit will be delivered vacant, offering immediate owner-occupancy potential or the ability to set market-rate rent for a new tenant.
Prime Location & Accessibility: Strategically located in the heart of Bell Gardens, with convenient access to shopping, dining, parks, schools, entertainment, and major freeways (710 & 5).
Assigned Parking: Each unit benefits from assigned parking, a valuable amenity that enhances tenant convenience and property appeal in a multi-unit setting.
Additional Revenue Stream: A shared laundry room presents an opportunity for added income, further boosting the property's financial performance.
Cons
Age of Property: Built in 1959, the property's age may imply older infrastructure and systems, potentially requiring future maintenance or upgrades to remain competitive.
Tenant Occupancy Limitations: Three of the four units are currently occupied, which means a new owner will inherit existing lease agreements and may not be able to immediately adjust rents to market rates for all units.
Pet-Free Policy: While beneficial for maintenance, the pet-free policy could limit the potential tenant pool, as a significant portion of renters own pets.