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6813 Hannon Street, Bell Gardens, California 90201, Bell Gardens, 90201 - bed, bath

6813 Hannon Street, Bell Gardens, California 90201 home-pic-0
ACTIVE$1,899,000
6813 Hannon Street, Bell Gardens, California 90201
0Bed
0Bath
6,220Sqft
11,904Lot
Year Built
1996
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$305
HOA
-
Days on market
-
Sold On
-
MLS number
IV24131264
Home ConditionFair
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.90M(93th), sqft - 6220(93th), beds - undefined(50th), baths - undefined(50th).

Discover this expansive quadruplex nestled in a desirable neighborhood, offering a total of 6,220 square feet across four distinct units. Each unit spans approximately 1,550 square feet and features a thoughtfully designed layout with three bedrooms and 2.5 bathrooms, ensuring comfortable living for residents. Inside, each unit presents a living room, kitchen, dining area and half bath on the ground level, and all bedrooms upstairs, with the master bedroom featuring an attached master bath, walk-in closet, tall ceilings, and a private balcony. Convenience is key with each unit having its own two-car garage with direct access and laundry hookups. Unit A has been recently updated with a new kitchen, adding modern appeal to its charm. The property also includes two grassy lawn areas for outdoor enjoyment and additional parking accommodating up to seven cars. Privacy is ensured with a gated entrance, offering security and exclusivity. Sold in as-is condition, the units require some maintenance but present an excellent opportunity for customization and value enhancement. All units will be vacant upon close of escrow, providing flexibility for immediate occupancy or rental arrangements. Built in 1996 by its original owner, this property stands as a testament to quality construction and long-term investment potential in the community. Ideal for investors seeking rental income or homeowners considering a live-in and rent-out strategy, this quadruplex offers a rare chance to own a substantial property in a highly sought-after location. Don’t miss out on the myriad of possibilities this versatile property has to offer.

Nearby schools

5/10
Suva Elementary School
Public,•K-5•0.4mi
5/10
Cesar E. Chavez Elementary School
Public,•K-5•1.0mi
7/10
Price Elementary School
Public,•K-5•1.0mi
3/10
Garfield Elementary School
Public,•K-5•1.0mi
5/10
Bell Gardens Elementary School
Public,•K-5•1.9mi
4/10
Park Avenue Elementary School
Public,•K-6•2.2mi
4/10
Woodlawn Avenue Elementary School
Public,•K-5•2.3mi
4/10
Bandini Elementary School
Public,•K-5•2.9mi
4/10
Suva Intermediate School
Public,•6-8•0.4mi
/10
Laguna Nueva School
Public,•K-8•0.5mi
7/10
Griffiths Middle School
Public,•6-8•1.0mi
3/10
Bell Gardens Intermediate School
Public,•6-8•1.5mi
4/10
Ellen Ochoa Learning Center
Public,•K-8•2.3mi
4/10
Chester W. Nimitz Middle School
Public,•6-8•3.5mi
4/10
Orchard Academies 2b School
Public,•6-8•3.6mi
3/10
Bell Gardens High School
Public,•9-12•1.0mi
7/10
Warren High School
Public,•9-12•2.6mi
4/10
Elizabeth Learning Center
Public,•K-12•2.6mi
5/10
Maywood Academy High
Public,•9-12•3.0mi
5/10
Bell Senior High School
Public,•9-12•3.0mi

Price History

Date
Event
Price
02/07/96
Sold
$75,000
Condition Rating
Fair
Built in 1996, this quadruplex is 28 years old. While Unit A boasts a recently updated kitchen with stainless steel appliances and updated bathrooms, the listing explicitly states the property is sold 'as-is' and 'units require some maintenance,' indicating inconsistent modernization across the four units. The images, likely from the updated unit, show functional but not cutting-edge modern styles (e.g., distressed white cabinets, busy granite, basic light fixtures, popcorn ceilings, and older carpets in bedrooms). This suggests that while some updates have occurred, the property as a whole requires minor updates or repairs to achieve a consistent, modern standard, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Strong Income Potential: As an expansive quadruplex with four distinct 3-bedroom, 2.5-bathroom units, the property offers significant rental income opportunities for investors or owner-occupiers.
Individual Unit Convenience: Each unit boasts a private two-car garage with direct access and in-unit laundry hookups, providing exceptional convenience and privacy for residents.
Immediate Occupancy Flexibility: All units will be vacant upon close of escrow, offering the new owner full control to select tenants, implement rental strategies, or occupy units without existing lease obligations.
Ample Parking & Gated Security: The property includes additional parking for up to seven cars and a gated entrance, enhancing security and accommodating multiple vehicles for residents and guests.
Relatively Modern Construction: Built in 1996 by its original owner, the property benefits from more modern construction standards compared to older multi-family properties, suggesting better structural integrity and design.

Cons

As-Is Condition & Deferred Maintenance: The property is sold in 'as-is' condition and units require some maintenance, indicating a need for immediate capital investment for repairs and upgrades across the property.
Inconsistent Unit Modernization: Only one unit (Unit A) has been recently updated with a new kitchen, suggesting the other three units may be dated and require significant renovation to achieve optimal rental income.
Tenant Acquisition Costs: While vacant upon close offers flexibility, the new owner will incur immediate costs and time associated with marketing, screening, and placing tenants for all four units simultaneously.

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