6040 Gotham Street, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath
ACTIVE$1,295,000
6040 Gotham Street, Bell Gardens, California 90201
0Bed
0Bath
3,300Sqft
6,068Lot
Year Built
1963
Close
-
List price
$1.29M
Original List price
$1.4M
Price/Sqft
$392
HOA
-
Days on market
-
Sold On
-
MLS number
IG24075720
Home ConditionFair
Features
View-
About this home
We found 2 Cons,3 Pros. Rank: price - $1.29M(80th), sqft - 3300(73th), beds - undefined(50th), baths - undefined(50th).
SELLER IS VERY MOTIVATED HUGE PRICE REDUCTION FOR FAST SALE $$$100,000.00 $$$ CHECK OUT THIS AMAZING INVESTMENT OPPORTUNITTY IN THE HEART OF BELL GARDENS . THIS PROPERTY FEATURES ( 4 UNITS ) 2 BEDROOM 1 BATH EACH UNITS WITH I CARPORT AND ONE PARKING SPACE . TWO OF THE UNITS ARE BEEN TOTALLY REMODELED ONE IN 2021 AND NUMBER TWO IN 2023 . EACH PROPERTY HAS INDIVIDUALLY METERED AND ELECTRICITY. PROPERTY LOCATED WITHIM WALKING DISTANCE TO PARK , SCHOOL , SHOPPING CENTER AND FREEWAYS . PROPERTY IS GREAT FOR SOME ONE TO LOOK FOR AN INVESTMENT OPPORTUNITY THAT CASH FLOWS OR OWNER OCUPIED AS WELL!!!
Nearby schools
3/10
Garfield Elementary School
Public,•K-5•0.4mi
5/10
Bell Gardens Elementary School
Public,•K-5•0.5mi
4/10
Park Avenue Elementary School
Public,•K-6•0.9mi
5/10
Cesar E. Chavez Elementary School
Public,•K-5•1.0mi
5/10
Suva Elementary School
Public,•K-5•1.1mi
4/10
Woodlawn Avenue Elementary School
Public,•K-5•1.7mi
7/10
Price Elementary School
Public,•K-5•1.8mi
4/10
Bandini Elementary School
Public,•K-5•3.2mi
3/10
Bell Gardens Intermediate School
Public,•6-8•0.4mi
4/10
Suva Intermediate School
Public,•6-8•1.0mi
/10
Laguna Nueva School
Public,•K-8•1.2mi
4/10
Ellen Ochoa Learning Center
Public,•K-8•1.2mi
7/10
Griffiths Middle School
Public,•6-8•1.7mi
4/10
Orchard Academies 2b School
Public,•6-8•2.7mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•2.8mi
3/10
Bell Gardens High School
Public,•9-12•1.1mi
4/10
Elizabeth Learning Center
Public,•K-12•1.4mi
7/10
Warren High School
Public,•9-12•2.0mi
5/10
Bell Senior High School
Public,•9-12•2.1mi
5/10
Maywood Academy High
Public,•9-12•2.3mi
Price History
Date
Event
Price
12/27/05
Sold
$730,000
04/01/05
Sold
$660,000
10/12/04
Sold
$575,000
07/15/94
Sold
$255,000
Condition Rating
Fair
The property was built in 1963. The description indicates that two of the four units have been remodeled in 2021 and 2023. The other two units are likely in original condition. Given the age and partial remodel, the overall condition is fair. The units remodeled in 2021 and 2023 would likely be in good condition, while the other two would likely be in poor condition. Averaging the condition of all four units results in a fair score.
Pros & Cons
Pros
Income Potential: The property is a quadruplex, offering significant income potential through rental of four separate units.
Recent Renovations: Two of the four units have been recently remodeled (2021 and 2023), reducing immediate maintenance concerns and potentially commanding higher rents.
Desirable Location: Located within walking distance to parks, schools, shopping centers, and freeways, enhancing tenant appeal and convenience.
Cons
Age of Property: Built in 1963, the property may require ongoing maintenance and potential upgrades to maintain its value and appeal.
Limited Parking: Each unit has only one carport and one parking space, which may be insufficient for some tenants and could limit appeal.