
Bell Gardens, California 90201
This 4-unit Strong Value Opportunity is listed at $945,000, positioned above the $867,927 Fair Market Value. While the price reflects a premium, the C2 Zoning and 7,500 sq ft lot provide significant long-term redevelopment potential. With a Condition Rating of 4, the property serves as a stable income-generating asset for Buy-and-Hold Investors. The combination of alley access and central location supports high rental demand, making this an ideal acquisition for Commercial Developers seeking to maximize density in a high-traffic Bell Gardens corridor.
Property is moderate renovation needed.
Built in 1940, this 84-year-old multi-unit property is functional and currently leased but shows significant dating. While some surface updates are visible (laminate flooring, mini-split HVAC), the kitchen and bath areas are basic and aged. The listing's heavy emphasis on 'Redevelopment Opportunities' and land value confirms the structures require substantial modernization to reach their highest and best use.
The C2 zoning on a large 7,500 sq ft lot with alley access offers versatile redevelopment opportunities for commercial or high-density residential projects.
This 4-unit property is currently fully leased with a consistent payment history, providing immediate income for investors or a house-hacking opportunity.
Centrally located near major shopping centers and main thoroughfares, the property ensures high visibility and convenience for tenants and future business use.
Built in 1940, the property may require significant capital improvements or modernization to address the wear and tear of an 80-year-old structure.
The majority of local schools carry lower to average ratings, which may limit the property's attractiveness to families prioritizing high-performing school districts.
ONE OF A KIND 4 UNIT OPPORTUNITY FOR A C2 ZONED PROPERTY IN CITY OF BELL GARDENS WITH 7500 SQ FT LOT AND ALLEY ACCESS......This property is centrally located near Shopping Centers, Main Street access as well as Alley Access for all types of Redevelopment Opportunities. Currently leased and rents always paid on a timely manner. Zoning offers a wide array of possibilities for developing this property in the near future; Consult with Local Building and Safety Department for all alternatives and or just keep as an investment, or use one Unit and rent the rest. Multiple Options with this particular property. Take advantage NOW as these Opportunities seldom come on the Market at this price. Near by comps selling over 1MM....ACT NOW BEFORE ITS SOLD.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-6 • 0.6 mi
Grades K-5 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,864 | 3,813 |
| Lot Size | 7,573 | 13,630 |
| Price | $945.0K | $985.0K |
| Price per sq ft | $507 | $254 |
| Built year | 1940 | 1952 |
| HOA | $0 | $0 |
| Days on market | 2 | 224 |
Jul 20, 2026
$945,000
Initial Listing
Aug 1, 2019
$475,000
Public Record
Apr 13, 1995
$205,000
Public Record