Sold
10550 Bell Street
Stanton CA, 90680
$3,080,000
$391.11 per sqft
Sold
7,875 sqft
Multi-family
Built in 1965
Listed by Danny Owens with Owens Commerical Investments 949-573-4884
Great Investment Opportunity to obtain 8 Units (Two Legal 4-plexes) In a phenomenal location! Subject property located at 10550-10560 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. This property contains six (6) large 2 bedroom and 2 bath units and two (2) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and 6 of the 8 units have new flooring on the interiors. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Each 4-plex can be purchased separately at $1,699,000, but they must close concurrently. This property is a must-see!
OC22105505
MLSⓇ ID
May 20, 2022
Listed
March 23, 2024
Updated
Map
10550 Bell Street
Stanton CA, 90680
Interior Features
Total Stories
2
Appliances
Water Heater
Laundry Description
Common Area, Electric Dryer Hookup, Gas Dryer Hookup
Floor Description
Carpet, Laminate
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.4 Acres
Exterior Features
Rain Gutters
Lot Features
Drip Irrigation/Bubblers, Flag Lot, Front Yard, Sprinklers In Front, Lawn, Landscaped, Level, Paved, Sprinklers Timer, Sprinkler System, Street Level, Yard
Sewer
Public Sewer
Other Property Details
Area Name
11 - Westside
Days on Market
61
Garage
Yes
Garage Spaces
8
Parking
Assigned, Asphalt, Door-Multi, Driveway Level, Driveway, Garage, Garage Door Opener, On Street
Parking Total
12
View
Yes
View Description
Courtyard
County
Orange
Water Source
Public
Pool
No
Pool Features
None
Zoning
R-2
Buyer Agency Compensation
2.5%
Listing Contact: 949-573-4884
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/23/2024 at 1:34 AM UTC