6600 Fishburn Avenue, Bell, California 90201, Bell, 90201 - bed, bath

6600 Fishburn Avenue, Bell, California 90201 home-pic-0
ACTIVE$1,120,000
6600 Fishburn Avenue, Bell, California 90201
0Bed
0Bath
1,779Sqft
5,271Lot

Price Vs. Estimate

The estimated value ($1,039,210.235) is $80,789.765 (7%) lower than the list price ($1,120,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Rental Income & Stability: Generates $7,525 in monthly rental income from fully stabilized and occupied units, offering strong cash flow and immediate returns for investors.
Top Cons:
Property Type Discrepancy: Listed as a 'Single Family Residence' but functions as a 3-unit property with permitted ADUs, which may lead to complexities in financing, insurance, or property tax classification requiring careful due diligence.

Compared to the nearby listings

Price:$1.12M vs avg $755.0K (+$365,000)93%
Size:1,779 sqft vs avg 1,330 sqft73%
Price/sqft:$630 vs avg $58973%

More Insights

Built in 1928 (97 years old).
Condition: Despite being built in 1928, the property has undergone extensive and recent renovations, as detailed in the listing and confirmed by the images. The kitchens feature modern white shaker cabinets, dark countertops, and new stainless steel appliances. Interiors boast new laminate wood flooring, fresh paint, recessed lighting, and efficient mini-split cooling/heating systems. Major systems like plumbing, electrical, foundation, and roof have also been updated, bringing the property to current quality standards with virtually new components.
Year Built
1928
Close
-
List price
$1.12M
Original List price
$1.12M
Price/Sqft
$630
HOA
-
Days on market
-
Sold On
-
MLS number
DW25264756
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Excellent Spanish Bungalow–Style 3-unit investment property in the City of Bell, now operating as a fully stabilized rental asset. The property generates $7,525 in monthly rental income, making it a strong cash-flow opportunity for both new and seasoned investors. Originally upgraded and improved, the property offers modernized systems and durable building components including updated plumbing supply/waste lines, insulation, newer windows, mini-split systems, individual electrical and gas meters for each unit, reinforced foundation work, newer flooring, doors, baseboards, interior laundry hookups for each unit, updated kitchens and baths, appliances, interior/exterior paint, refreshed landscaping with automatic timers, and a torch-down roof. These enhancements support long-term stability and reduced maintenance costs. Configured as a permitted Junior ADU plus a permitted detached ADU, this setup provides flexibility and a desirable unit mix while being used as three fully independent units, each with its own utility meters. Both ADUs are fully permitted and collectively produce strong rental income, making the property truly turnkey. Centrally located in the warm, community-oriented City of Bell—known for its small businesses, accessibility, and proximity to major transportation corridors including the I-5 and I-710—the property sits minutes from Downtown Los Angeles and major cultural destinations. The home is also near Bell High School and just a short distance from the new In-N-Out Burger on Atlantic & Gage, enhancing convenience and neighborhood appeal. With all units currently rented and performing well, this property stands as a high-demand, income-producing asset ready for a smooth transition to its next owner.

Price History

Date
Event
Price
10/06/23
Sold
$945,000
07/01/21
Sold
$485,000
Condition Rating
Excellent

Despite being built in 1928, the property has undergone extensive and recent renovations, as detailed in the listing and confirmed by the images. The kitchens feature modern white shaker cabinets, dark countertops, and new stainless steel appliances. Interiors boast new laminate wood flooring, fresh paint, recessed lighting, and efficient mini-split cooling/heating systems. Major systems like plumbing, electrical, foundation, and roof have also been updated, bringing the property to current quality standards with virtually new components.
Pros & Cons

Pros

High Rental Income & Stability: Generates $7,525 in monthly rental income from fully stabilized and occupied units, offering strong cash flow and immediate returns for investors.
Extensive Modern Upgrades: Comprehensive renovations including updated plumbing, electrical, mini-split systems, reinforced foundation, new windows, kitchens, baths, and a torch-down roof ensure reduced maintenance and long-term durability.
Permitted Multi-Unit Configuration: Features a permitted Junior ADU and a detached ADU, creating three independent units with separate utility meters, maximizing income potential and operational flexibility.
Strategic Location & Accessibility: Centrally located in the City of Bell, offering excellent proximity to major transportation corridors (I-5, I-710), Downtown Los Angeles, and local amenities, enhancing tenant appeal.
Turnkey Investment Opportunity: Fully rented and performing well, this property is a high-demand, income-producing asset ready for a seamless transition to a new owner.

Cons

Property Type Discrepancy: Listed as a 'Single Family Residence' but functions as a 3-unit property with permitted ADUs, which may lead to complexities in financing, insurance, or property tax classification requiring careful due diligence.
Significant Price Increase: The current list price of $1.12M represents a substantial increase from the last sale price of $945,000 in October 2023, requiring thorough market analysis and justification of the valuation based on recent upgrades.
Age of Original Construction: Despite extensive upgrades, the core structure dates back to 1928, which could potentially harbor unforeseen issues or require specialized maintenance compared to newer constructions.

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