6818 Florence Place, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath

6818 Florence Place, Bell Gardens, California 90201 home-pic-0
ACTIVE$2,095,000$4,053/sqft
6818 Florence Place, Bell Gardens, California 90201
0Bed
0Bath
4,053Sqft
7,601Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Brand New Construction & Modern Amenities: Built in 2025, this property offers four newly constructed units with contemporary finishes, central A/C, tankless water heaters, and solar panels, ensuring low maintenance and high tenant appeal.
Top Cons:
Shared Water Meter Expense: The property has one shared water meter, meaning the owner is responsible for water and trash costs for all four units, which can lead to higher and less predictable operating expenses.

Compared to the nearby listings

Price:$2.10M vs avg $1.05M (+$1,045,000)93%
Size:4,053 sqft vs avg 2,344 sqft87%
Price/sqft:$517 vs avg $49167%

More Insights

Built in 2025 (1 years old).
Condition: This property is explicitly described as 'brand-new' and 'newly constructed' with a year built of 2025. The images confirm a pristine, modern aesthetic throughout, featuring contemporary white shaker cabinets, stainless steel appliances, light wood-look flooring, and updated bathrooms with glass-enclosed showers and modern fixtures. All systems, including central A/C, tankless water heaters, and solar panels, are new and energy-efficient, indicating no deferred maintenance and meeting current quality standards.
Year Built
2025
Close
-
List price
$2.1M
Original List price
$2.1M
Price/Sqft
$517
HOA
-
Days on market
-
Sold On
-
MLS number
DW26010115
Home ConditionExcellent
Features
View-

About this home

FOUR BRAND-NEW TOWNHOME-STYLE RESIDENCES — IDEAL FOR INVESTORS OR OWNER-OCCUPANTS. Delivered 100% vacant, this newly constructed 4-unit property offers immediate flexibility to lease at full market rents or occupy one unit while generating income from the others. The front structure features two spacious 3-bedroom, 2.5-bath units (approx. 1,100 sq ft each) with attached 1-car garages, while the rear of the property includes two detached 3-bedroom, 2-bath ADUs (approx. 1,000 sq ft each) with uncovered parking. All residences are two-story, ground-level townhome layouts, designed with primary bedrooms on the first floor and laundry upstairs—a highly desirable configuration for today’s renters. Each unit is equipped with central A/C, tankless water heaters, and modern, energy-efficient systems, including solar panels. The property is fully electric, featuring four separate electric meters (tenants pay electricity) and one shared water meter (owner pays water/trash), helping keep operating expenses efficient and predictable. Contemporary finishes and low-maintenance construction further enhance long-term value. Located near the 710 and 5 freeways, the property offers convenient access to shopping, schools, parks, and employment centers, with Downtown Los Angeles just minutes away. The rare 3-bedroom layouts cater strongly to families and long-term tenants, supporting consistent rental demand. For owner-occupants, this property presents an exceptional opportunity to live in one unit while rental income from the others helps offset housing costs—a smart path to ownership and long-term wealth creation. A rare opportunity to acquire a brand-new, turnkey multifamily asset in a strong Southern California rental market.

A
Aldo Baltodano
Listing Agent

Nearby schools

5/10
Suva Elementary School
Public,K-50.2mi
3/10
Garfield Elementary School
Public,K-50.6mi
5/10
Cesar E. Chavez Elementary School
Public,K-50.9mi
7/10
Price Elementary School
Public,K-50.9mi
5/10
Bell Gardens Elementary School
Public,K-51.5mi
4/10
Park Avenue Elementary School
Public,K-61.8mi
4/10
Woodlawn Avenue Elementary School
Public,K-52.2mi
4/10
Bandini Elementary School
Public,K-53.2mi
4/10
Suva Intermediate School
Public,6-80.3mi
/10
Laguna Nueva School
Public,K-80.6mi
7/10
Griffiths Middle School
Public,6-80.9mi
3/10
Bell Gardens Intermediate School
Public,6-81.1mi
4/10
Ellen Ochoa Learning Center
Public,K-82.0mi
4/10
Orchard Academies 2b School
Public,6-83.4mi
4/10
Chester W. Nimitz Middle School
Public,6-83.4mi
3/10
Bell Gardens High School
Public,9-121.0mi
7/10
Warren High School
Public,9-122.1mi
4/10
Elizabeth Learning Center
Public,K-122.3mi
5/10
Bell Senior High School
Public,9-122.8mi
5/10
Maywood Academy High
Public,9-122.9mi

Price History

Date
Event
Price
05/05/23
Sold
$455,000
Condition Rating
Excellent

This property is explicitly described as 'brand-new' and 'newly constructed' with a year built of 2025. The images confirm a pristine, modern aesthetic throughout, featuring contemporary white shaker cabinets, stainless steel appliances, light wood-look flooring, and updated bathrooms with glass-enclosed showers and modern fixtures. All systems, including central A/C, tankless water heaters, and solar panels, are new and energy-efficient, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Brand New Construction & Modern Amenities: Built in 2025, this property offers four newly constructed units with contemporary finishes, central A/C, tankless water heaters, and solar panels, ensuring low maintenance and high tenant appeal.
Versatile Income Generation: Delivered 100% vacant, the property provides immediate flexibility for investors to lease at full market rates or for owner-occupants to live in one unit while generating substantial income from the others.
Desirable Unit Configuration: All four residences feature spacious 3-bedroom layouts, including two townhomes with attached garages and two detached ADUs, catering strongly to families and long-term tenants.
Energy Efficiency & Cost Savings: Fully electric with separate electric meters for each unit (tenants pay) and equipped with solar panels, leading to reduced utility costs for tenants and efficient operating expenses for the owner.
Strategic Location & Accessibility: Conveniently located near major freeways (710 & 5), offering easy access to Downtown Los Angeles, shopping, schools, parks, and employment centers, supporting consistent rental demand.

Cons

Shared Water Meter Expense: The property has one shared water meter, meaning the owner is responsible for water and trash costs for all four units, which can lead to higher and less predictable operating expenses.
Limited Covered Parking for ADUs: While front units have attached garages, the two detached ADUs only offer uncovered parking, which may be less desirable for tenants seeking dedicated or protected parking.
Significant Capital Investment: The asking price of $2.095 million for a 4-unit property represents a substantial initial investment, potentially narrowing the buyer pool to well-capitalized investors or owner-occupants.
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