6643 Chalet Drive, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath
ACTIVE$949,000
6643 Chalet Drive, Bell Gardens, California 90201
0Bed
0Bath
1,875Sqft
7,051Lot
Year Built
1954
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$506
HOA
-
Days on market
-
Sold On
-
MLS number
DW24233135
Home ConditionFair
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $949.0K(47th), sqft - 1875(33th), beds - undefined(50th), baths - undefined(50th).
*** Location, Location, Location *** Just blocks from the city of Downey *** This triplex is a great investment property. Each spacious unit has its own garage, front yard, and located right next to the city of Downey. Tenants are very cooperative. Separate electric and gas meters. This is an opportunity to build or add to your investment portfolio. Minutes from major freeways, schools and dining. Come by and take a tour =)
Nearby schools
5/10
Suva Elementary School
Public,•K-5•0.2mi
3/10
Garfield Elementary School
Public,•K-5•0.8mi
7/10
Price Elementary School
Public,•K-5•0.9mi
5/10
Cesar E. Chavez Elementary School
Public,•K-5•1.0mi
5/10
Bell Gardens Elementary School
Public,•K-5•1.8mi
4/10
Park Avenue Elementary School
Public,•K-6•2.1mi
4/10
Woodlawn Avenue Elementary School
Public,•K-5•2.3mi
4/10
Bandini Elementary School
Public,•K-5•3.1mi
4/10
Suva Intermediate School
Public,•6-8•0.3mi
/10
Laguna Nueva School
Public,•K-8•0.6mi
7/10
Griffiths Middle School
Public,•6-8•0.9mi
3/10
Bell Gardens Intermediate School
Public,•6-8•1.4mi
4/10
Ellen Ochoa Learning Center
Public,•K-8•2.2mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•3.5mi
4/10
Orchard Academies 2b School
Public,•6-8•3.5mi
3/10
Bell Gardens High School
Public,•9-12•1.0mi
7/10
Warren High School
Public,•9-12•2.4mi
4/10
Elizabeth Learning Center
Public,•K-12•2.5mi
5/10
Bell Senior High School
Public,•9-12•3.0mi
5/10
Maywood Academy High
Public,•9-12•3.0mi
Condition Rating
Fair
Built in 1954, this property is significantly aged. The images reveal very outdated kitchens and bathrooms with older appliances, cabinetry, countertops, and fixtures, suggesting no major renovations in several decades. While the property appears functional and maintained on the exterior, the interior components, including flooring and light fixtures, are clearly dated and would require substantial cosmetic updates to meet current standards. It does not show signs of immediate structural or safety defects that would classify it as 'Poor', but it is far from 'Good' or 'Excellent' due to its age and lack of modern updates.
Pros & Cons
Pros
Income-Generating Triplex: The property is a triplex, offering multiple rental units and diversified income streams, making it a strong investment opportunity.
Strategic Location: Positioned 'just blocks from the city of Downey' and 'minutes from major freeways, schools and dining,' enhancing tenant appeal and potential for appreciation.
Individual Tenant Amenities: Each unit includes its own garage and front yard, a highly desirable feature that can attract and retain quality tenants.
Operational Efficiency: Separate electric and gas meters for each unit simplify utility management and reduce landlord operating costs.
Established Tenant Base: The presence of 'very cooperative tenants' suggests a stable rental history and potentially smoother transition for a new owner.
Cons
Property Age & Potential Deferred Maintenance: Built in 1954, the property is over 70 years old, likely requiring significant capital expenditures for system upgrades (plumbing, electrical, HVAC) and general modernization.
Limited Unit Specifics: The description lacks detailed information on individual unit layouts, bedroom/bathroom counts, or specific square footage per unit, making it challenging to fully assess current rental value and potential.
Absence of Financial Performance Data: Critical investment metrics such as current rental income, operating expenses, and cap rate are not provided, hindering a comprehensive financial analysis for potential investors.