Bell, CA 90201,4751 Gage AVE
Bell, CA 90201,4751 Gage AVE
Bell, CA 90201,4751 Gage AVE
8
$775,000
$850,000
8.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

5,741 Sqft Lot

4751 Gage AVE Bell, CA 90201

Est. payment /mo
SOLD DATE : 02/15/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $775,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22251753

Sold Date 02/15/23

HOA Y/N No

Year Built 1956

Lot Size 5,741 Sqft

Property Description

We are pleased to present 4751 Gage Ave, a 5-unit mixed-use property located in Bell, California. Built in 1956, the subject property consists of 2,648 rentable square feet spread throughout a .13-acre lot. The building consists of (2) 1-Bedrooms / 1-Bathroom units and (3) Retail suites and a storage room. The offering presents a great value-add opportunity, a new owner can potentially convert the storage space into an ADU and capture over 40 percent upside in rents.

The property is well-located just 1.4 miles from the 710-freeway entrance which gives easy access to large employment centers. Additionally, the property is within walking distance from Bell City Hall and Atlantic Ave with numerous dining and retail options. Atlantic and Gage Avenue is the second highest trafficked intersection in the city. The city of Bell is an incorporated city in Los Angeles, meaning the residential units are subject to AB 1482 statewide ordinance.

This is an absolutely incredible value-add opportunity to acquire a mixed-use asset in one of the most accessible locations in the city and would be a great addition to any investor’s portfolio.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Interior

Fireplace No

Laundry None

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 6316027011

Financing Cash

Special Listing Condition Standard

Read Less


California Regional MLS (CRMLS)
Listed by Kevin King • Marcus & Millichap • kking@marcusmillichap.com
Bought with NONE NONE • None MRML

GET MORE INFORMATION

Kelly Corsino

Agent | License ID: 01704102

+1(949) 229-0019

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.