$2,200,000
Buy this for the bread and butter, monetize the upside for the beef. Check out the rents compared to market rents; it looks like 50% upside may be a good estimate. Lots of open space for ADU's on this 1/2 Acre lot. Per SB 1211, build up to 8 ADU's, subject to State laws, local ordinances, and City of Bell entitlement and permitting requirements. Be sure to vet and validate potential for rent increase and development for your client.
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Listed by Carlos A.G. Gonzalez with DealTrade Inc. (888) 999-8089
Property Type
Residential Income
Status
Active
MLS Number
26651133
Year Built
1947
Lot Size
0.50 acres