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7031 Chanslor Ave Bell, CA 90201
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Key Details
Sold Price $570,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 1,982 sqft
Price per Sqft $287
MLS Listing ID 23-295259
Sold Date 10/27/23
Bedrooms 3
Year Built 1936
Lot Size 0.268 Acres
Acres 0.2684
Property Description
***THE SUBJECT PROPERTY WAS SOLD TOGETHER WITH THE ADJACENT 6 UNITS FOR A TOTAL PURCHASE PRICE OF $1,725,000*** 7031 Chanslor Avenue is a 3-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit and two one-bedroom units sitting on a large 11,693 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been installed. There is a significant amount of upside in the rental income. The subject property is an excellent investment opportunity because of it's great location and substantial amount of rental upside. BUYER TO VERIFY NUMBER OF UNITS, UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF BELL. DRIVE BY ONLY. DO NOT CONTACT TENANTS. **SALES PRICE IN LISTING DOES NOT REFLECT ACTUAL SALES PRICE. Property was sold with adjacent parcel (APN: 6327-035-012) which includes 6 units for a total purchase price of $1,725,000**
Location
State CA
County Los Angeles
Area Maywood, Bell
Zoning BLR3YY
Rooms
Other Rooms None
Interior
Heating Wall
Cooling None
Equipment None
Exterior
Parking Features Garage - 1 Car, Garage - 2 Car
Garage Spaces 5.0
Building
Story 1
Level or Stories One
Others
Special Listing Condition Standard
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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.
Bought with Remax Commercial and Investment Realty
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