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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:34 AM UTC

 

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