8022 Felix, Bell Gardens, California 90201, Bell Gardens, 90201 - 0 bed, 0 bath
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Bell Gardens, California 90201
This Value-Add Quadruplex Asset is listed at $1,350,000, positioned as a strategic acquisition due to its rare, fully vacant delivery. While the $1,034,675 Fair Market Value reflects a Condition Rating of 5, the ability to set market rents immediately provides a significant operational advantage over occupied units. The property features a substantial 12,079 sqft lot and separate utility meters, offering long-term scalability and ADU potential. Located near Griffiths Middle School, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants looking to capitalize on forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8022 Felix Subject | $1,299,000* List Price | 0 | 0 | 3,302 | $352 | - |
A 5835 Clara Street Pending | $1,195,000 List Price | 0 | 0 | 3,226 | $370 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 (68 years old) with no recent renovations noted. The listing explicitly states units are not remodeled and presents 'value-add potential,' which in real estate terms indicates a need for significant rehab. Given the age and lack of updates, kitchens, bathrooms, and core systems likely require full modernization.
The property is delivered fully vacant, providing a rare opportunity for investors to set all four units to current market rates immediately without the complications of existing tenant relocations or rent control limitations on initial leasing.
With units that are well-maintained but not recently remodeled, there is significant potential to increase rental income and property value through strategic interior renovations and cosmetic upgrades.
The property features separate utility meters for each unit and sits on a generous 12,079 sqft lot, ensuring low landlord operating costs and providing ample space for potential future expansion or ADU development.
Because the units lack modern updates, a buyer should anticipate immediate out-of-pocket costs for remodeling to modernize the living spaces and attract high-quality tenants.
Constructed in 1958, the property may require more intensive maintenance or upgrades to its older mechanical, plumbing, and electrical systems compared to newer residential income assets.
Great investment opportunity in the heart of Bell Gardens! This income-producing property is now fully vacant, offering a rare chance for investors or owner-users to set rents at current market rates. The property has been well maintained and features separate utility meters, keeping operating costs efficient. While the units are not recently remodeled, they present strong value-add potential for upgrades and increased rental income. Ideal for investors looking to maximize cash flow or customize units to attract high-quality tenants. Located in a desirable area with convenient access to local amenities, schools, and major freeways.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,302 | 2,442.5 | 58% |
| Lot Size | 12,079 | 7,670.5 | 75% |
| Price | $1.30M | $984.5K | 67% |
| Price per sq ft | $393 | $426 | 33% |
| Built year | 1958 | 1948 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 43 | 169 | 8% |
May 21, 2026
$1,299,000
$1,350,000
-4% Price Drop
Initial Listing
Apr 24, 2026
$1,350,000
Initial Listing
Mar 26, 2025
$850,000
Public Record