6212 Alamo Avenue, Bell Gardens, California 90201, Bell Gardens, 90201 - 2 bed, 1 bath
ACTIVE$675,000
6212 Alamo Avenue, Bell Gardens, California 90201
2Beds
1Bath
1,074Sqft
6,840Lot
Year Built
1923
Close
-
List price
$675K
Original List price
$675K
Price/Sqft
$628
HOA
-
Days on market
-
Sold On
-
MLS number
SR25012350
Home ConditionPoor
Features
View-
About this home
Possibly Over-Priced:The estimated price is 24% below the list price. We found 3 Cons,5 Pros. Rank: price - $675.0K(43th), sqft - 1074(36th), beds - 2(21th), baths - 1(36th).
Seller is motivated to sell. *****tenant occupied****Do not disturb tenants.
Price History
Date
Event
Price
03/15/23
Sold
$625,000
09/19/01
Sold
$165,000
Condition Rating
Poor
The property was built in 1923, making it over 100 years old. The listing explicitly states a 'high likelihood of requiring substantial updates to major systems (e.g., plumbing, electrical) and cosmetic renovations.' The absence of interior images, combined with the 'do not disturb tenants' clause, strongly indicates that the kitchen, bathrooms, and other interior components are in a significantly outdated and deteriorated condition, requiring substantial repairs and rehabilitation to be safe and comfortable for modern living.
Pros & Cons
Pros
Motivated Seller: The seller is explicitly motivated to sell, which often indicates a willingness to negotiate on price or terms, potentially leading to a more favorable deal for the buyer.
Generous Lot Size: With a 6,840 sqft lot, the property offers significant potential for future expansion, extensive landscaping, or the addition of an Accessory Dwelling Unit (ADU), enhancing its long-term value and utility.
Immediate Rental Income: As a tenant-occupied property, it provides immediate rental income for investors, eliminating initial vacancy periods and offering a ready-made income stream.
Historical Character: Built in 1923, the property possesses historical charm and character, which can appeal to buyers seeking a home with established architectural features and a unique sense of history.
Strategic Location: Located in Bell Gardens, the property benefits from its central position within Los Angeles County, offering convenient access to major freeways, employment hubs, and local amenities.
Cons
Significant Overpricing: The current list price of $675,000 is considerably higher than the estimated market value of $511,357.15, suggesting the property is overpriced and may struggle to attract competitive offers.
Tenant Occupancy & Access Restrictions: The 'Do not disturb tenants' clause severely limits property showings and inspections, creating significant hurdles for potential buyers and complicating the overall transaction process.
Age-Related Condition & Required Updates: As a property built in 1923, it is over 100 years old, indicating a high likelihood of requiring substantial updates to major systems (e.g., plumbing, electrical) and cosmetic renovations, which will incur considerable additional costs for the new owner.