5800 Clara Street, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath
ACTIVE$1,680,000
5800 Clara Street, Bell Gardens, California 90201
0Bed
0Bath
5,351Sqft
24,903Lot
Year Built
1962
Close
-
List price
$1.68M
Original List price
$1.75M
Price/Sqft
$314
HOA
-
Days on market
-
Sold On
-
MLS number
AR25169437
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.68M(93th), sqft - 5351(93th), beds - undefined(7th), baths - undefined(7th).
Prime investment opportunity in the heart of Bell Gardens! This income-generating property sits on a large \~25,000 sq ft lot and features five freshly repainted buildings (as of July). With tenants covering their own utilities and the owner responsible only for trash, operating expenses remain low. The site offers plenty of on-site parking and is located near major retailers like Walmart, Sprouts, Target, and Parkwest Bicycle Casino. Adjacent to a newly built 7-unit condo development, the property also presents strong redevelopment potential. Estimated cap rate of 4.5–5% makes this a compelling addition to any investor’s portfolio.
Nearby schools
5/10
Bell Gardens Elementary School
Public,•K-5•0.3mi
4/10
Park Avenue Elementary School
Public,•K-6•0.6mi
3/10
Garfield Elementary School
Public,•K-5•0.7mi
5/10
Cesar E. Chavez Elementary School
Public,•K-5•0.9mi
5/10
Suva Elementary School
Public,•K-5•1.3mi
4/10
Woodlawn Avenue Elementary School
Public,•K-5•1.3mi
7/10
Price Elementary School
Public,•K-5•2.1mi
4/10
Bandini Elementary School
Public,•K-5•3.0mi
3/10
Bell Gardens Intermediate School
Public,•6-8•0.2mi
4/10
Ellen Ochoa Learning Center
Public,•K-8•0.8mi
4/10
Suva Intermediate School
Public,•6-8•1.2mi
/10
Laguna Nueva School
Public,•K-8•1.3mi
7/10
Griffiths Middle School
Public,•6-8•2.1mi
4/10
Orchard Academies 2b School
Public,•6-8•2.3mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•2.5mi
4/10
Elizabeth Learning Center
Public,•K-12•1.1mi
3/10
Bell Gardens High School
Public,•9-12•1.1mi
5/10
Bell Senior High School
Public,•9-12•1.7mi
5/10
Maywood Academy High
Public,•9-12•2.0mi
7/10
Warren High School
Public,•9-12•2.3mi
Price History
Date
Event
Price
09/18/25
Price Change
$1,680,000-4.0%
07/28/25
$1,750,000
Condition Rating
Poor
The property was built in 1962, making it 62 years old. While the exterior has been 'freshly repainted,' there are no interior photos provided, especially of the kitchen and bathrooms. This strongly suggests that these critical areas, along with other major systems and finishes (flooring, fixtures), are likely original or very outdated and in poor condition, requiring substantial repairs and rehabilitation to meet modern living standards. The description's emphasis on 'redevelopment potential' further supports that the existing structures are not the primary value driver in their current state.
Pros & Cons
Pros
Strong Income Potential & Low Operating Costs: The property is income-generating with tenants responsible for their own utilities, leading to low operating expenses for the owner (excluding trash).
Significant Redevelopment Opportunity: Situated on a large ~25,000 sq ft lot and adjacent to a newly built 7-unit condo development, the property offers strong potential for future redevelopment or expansion.
Strategic Retail-Rich Location: Its prime location near major retailers such as Walmart, Sprouts, and Target enhances tenant appeal and long-term property value.
Attractive Estimated Capitalization Rate: An estimated cap rate of 4.5–5% positions this as a compelling investment for portfolio growth.
Recent Cosmetic Upgrades & Ample Parking: Five buildings were freshly repainted in July, and the property provides plenty of on-site parking, contributing to immediate appeal and functionality.
Cons
Property Age & Potential Infrastructure Concerns: Built in 1962, the property may have aging core systems (e.g., plumbing, electrical, roofing) that could require substantial capital investment beyond recent cosmetic updates.
Inconsistent Property Type Information: The property is listed as 'Single Family Residence' but described as having 'five freshly repainted buildings' and being 'income-generating,' which creates ambiguity regarding its actual classification, zoning, and potential financing implications.
Limited Financial Transparency: The description lacks specific details on the number of individual units, current rental income per unit, or lease terms, which are crucial for a thorough investment analysis.