5912 Ludell Street Bell Gardens, CA 90201
Multi-Family (2-4 Units)
MLS #: SR24044259
Courtesy Of Management Systems, Corporation
$1,215,000
7 beds
|
5 baths
|
3,612 sq ft
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Estimated monthly payments:
$5,311/mo.* (recalculate)
Property InformationDescription
VERY RARE R3 ZONING on 3 UNITS with an OVERSIZED LOT. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents is 5.2%! Owner may be willing to evict or help raise rent. Three addresses are 5912, 5910, and 5906 Ludell St. 5910 Ludell is two stories with ONLY the bottom floor rented out - you can still immediately rent out the top and get at least an extra $2,000 a month and a cap rate of over 7%! And that's WITHOUT raising rents or evicting tenants!
There is a filled pool in the back that can be reinstated to add a swimming pool!
More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can!
Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now!
Buyer to verify all information. Please find in supplements Property Survey and Bell Gardens R3 Zoning rules.
There is a filled pool in the back that can be reinstated to add a swimming pool!
More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can!
Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now!
Buyer to verify all information. Please find in supplements Property Survey and Bell Gardens R3 Zoning rules.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Roof Type: Unknown
- Rooms: Bedroom, Full Bath, Three-Quarter Bath
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School Information
5912 Ludell Street, Bell Gardens, CA 90201
Elementary School
Grades KG-5 |
Public School
GARFIELD ELEMENTARY
Bell Gardens, CA 90201
7425 Garfield Ave
562.927.1915
Distance: 0.5 mi
School Rating
C
Student:Teacher Ratio
21:1
Total Students
551
Middle School
Grades 6-8 |
Public School
BELL GARDENS INTERMEDIATE
Bell Gardens, CA 90201
5841 Live Oak St
562.927.1319
Distance: 0.2 mi
School Rating
B-
Student:Teacher Ratio
26:1
Total Students
979
High School
Grades 9-12 |
Public School
BELL GARDENS HIGH SCHOOL
Bell Gardens, CA 90201
6119 Agra St
323.826.5151
Distance: 0.7 mi
School Rating
C-
Student:Teacher Ratio
24:1
Total Students
2483
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Cesar E. Chavez Elementary School | 0.5 mi | Public | KG-5 | C- |
| Bell Gardens Elementary | 0.8 mi | Public | KG-5 | B |
| Ellen Ochoa Learning Center | 0.9 mi | Public | PK-8 | C- |
| Alhadi School | 0.9 mi | Private | PK-8 | |
| Suva Intermediate | 0.9 mi | Public | 6-8 | C+ |
| Park Avenue Elementary School | 1.0 mi | Public | KG-6 | C |
| Suva Elementary School | 1.1 mi | Public | KG-5 | C- |
| Woodlawn Avenue Elementary | 1.2 mi | Public | KG-5 | C- |
| Elizabeth Learning Center | 1.4 mi | Public | KG-12 | C- |
| Heliotrope Avenue Elementary | 1.5 mi | Public | KG-5 | B |
| Jaime Escalante Elementary School | 1.6 mi | Public | KG-6 | B |
| Montessori Children's Academy | 1.7 mi | Private | PK-6 | |
| Rio Hondo Elementary | 1.7 mi | Public | KG-5 | B- |
| Bell High School | 1.8 mi | Public | 9-12 | B- |
| Williams Elementary | 1.8 mi | Public | KG-3 | A- |
| Nueva Vista Elementary | 1.8 mi | Public | KG-6 | C+ |
| Maywood Center For Enriched Studies | 1.9 mi | Public | 6-12 | B- |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Bell Gardens, CA 90201
| Median Age: | 31.5 |
|---|---|
| Married: | 49% |
| Number of Households: | 23,856 |
| Households with Children: | 52.4% |
Bell Gardens, CA 90201
Demographic Data
-
Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being 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.
