4026 Gage Avenue, Bell, California 90201, Bell, 90201 - bed, bath

ACTIVE$1,399,999
4026 Gage Avenue, Bell, California 90201
0Bed
0Bath
4,000Sqft
6,502Lot
Year Built
1925
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
DW25112816
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.40M(87th), sqft - 4000(87th), beds - undefined(50th), baths - undefined(50th).
Presenting a prime opportunity to invest in a thriving commercial property, this property offers 2 units: one operating as a bakery and the other as a meat market, located in a vibrant neighborhood. Both units are well-equipped and visually appealing, with ample space for operations and customer engagement. With convenient amenities like nearby parking and public transit access, this property presents an attractive investment opportunity for those seeking a solid foothold in a bustling community. With established tenants and prime positioning, it's a promising prospect for long-term success and growth.
Price History
Date
Event
Price
10/13/09
Sold
$200,000
Condition Rating
Poor
Built in 1925, this commercial property shows significant age and wear. The interior images of the bakery and meat market reveal highly utilitarian spaces with outdated fluorescent lighting, worn flooring (quarry tile, dark concrete), exposed conduit, and dirty/stained ceilings. While the commercial equipment appears functional for current operations, the overall building condition, particularly the visible infrastructure and finishes, suggests a lack of major renovations in many decades. The exterior also shows peeling paint. The property requires substantial rehabilitation and modernization to address its age, bring it up to contemporary standards, and potentially meet future compliance updates, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Established Income Streams: The property features two operational units (bakery and meat market) with established tenants, providing immediate and stable income.
Prime Commercial Location: Situated in a 'vibrant neighborhood' with 'convenient amenities like nearby parking and public transit access,' enhancing customer traffic and business viability.
Diversified Investment: As a duplex with two distinct commercial businesses, it offers diversification within a single property, potentially reducing investment risk.
Turnkey Business Operations: Units are described as 'well-equipped and visually appealing, with ample space,' suggesting a ready-to-operate setup for current tenants.
Long-Term Growth Potential: Positioned as a 'promising prospect for long-term success and growth' in a bustling community, indicating potential for appreciation and increased rental income.
Cons
Property Age: Built in 1925, the property is nearly a century old, which may necessitate significant maintenance, infrastructure upgrades, or compliance updates.
Lack of Financial Details: The listing omits crucial financial data such as current rental income, lease terms, and operating expenses, hindering a comprehensive investment analysis.
Ambiguous Property Classification: The listing categorizes it as 'Residential Income' with a 'Duplex' sub-type, despite describing it as a 'thriving commercial property' with commercial tenants, which could lead to zoning or financing challenges.






