$1,650,000/mo

5540 Clara Street, Bell Gardens, CA 90201

5,877 sqft

Rent shown is base rent as provided by the property owner or manager. Additional mandatory fees, deposits, or utilities may apply and are set by the property owner or manager.

Rental
Built in 1965
0.51acre lot
2 car garage
$281/sqft
Listed 2 months ago

Property Description

Rare opportunity to acquire a 7-unit multi-family property featuring all single-story construction on a large 22,400+ sq. ft. lot. Offering a unique combination of detached cottages and duplex structures, this property provides the privacy and appeal of individual homes while delivering the economies of scale of a multifamily investment. The diverse unit mix includes a 4-Bedroom/1.5-Bath detached cottage, a 3-Bedroom/1-Bath detached cottage, a 2-Bedroom/1-Bath detached cottage, and two duplexes consisting of one 3-Bedroom/2-Bath unit, one 3-Bedroom/1-Bath unit, and two 1-Bedroom/1-Bath units. This variety of floor plans accommodates a broad range of tenant needs, supporting strong occupancy and long-term rental demand. Residents enjoy onsite garage and open-space parking along with individual washer and dryer hookups, amenities that continue to enhance tenant satisfaction and retention. Ideally located near shopping, entertainment, schools, and public transportation, the property is positioned within a well-established rental corridor. From an investment standpoint, the asset offers tremendous upside and strong current financials. With projected market financials of a 9.28% CAP Rate and 8.04 GRM, investors have a clear opportunity to substantially increase income and unlock significant long-term value. Combining desirable single-story construction, a large land parcel, an exceptional unit mix, and outstanding value-add potential, this is a compelling opportunity for investors seeking both immediate stability and future growth. Bell Gardens offers investors a rare combination of density, connectivity, and durable rental demand in the heart of Southeast Los Angeles. Home to roughly 37,000 residents packed into just 2.5 square miles, the city is overwhelmingly renter-occupied, nearly 78% of households rent, with an average household size near four people, driving consistent demand for family-sized multi-family units. Its strategic location near the 710, 5, 101, 105, and 60 freeways puts residents minutes from major employment centers across Vernon, Commerce, and Downtown Los Angeles. With a historically low rental vacancy, Bell Gardens continues to deliver the kind of stable occupancy and long-term cash flow investors seek in one of Southeast LA's most resilient rental markets.