7025 Vinevale Avenue, Bell, CA 90201
List Price: $2.1M
Listing Status: Active
Original List Price: $2.5M
0Days on Market: 107
13 Bedrooms · 11 Bathrooms · 5,977 sq ft
Property Type: ResidentialIncome
Year Built: 1947
Lot Size: 21,895 sq ft
MLS Number: 26651133
About This Property
Buy this for the bread and butter, monetize the upside for the beef. Check out the rents compared to market rents; it looks like 36% upside may be a good estimate. Seller may carry a first trust deed note at market rates, approximately 50% LTV. 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.
Listing provided by: Carlos A.G. Gonzalez DRE #00976287 888-999-8089 carlos@dealtradex.com, DealTrade Inc.
Source: CRMLS, MLS #: 26651133
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.