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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$899,500

Est. payment - /mo

7,801 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID AR26095995

Construction Status Fixer,Repairs Cosmetic

HOA Y/N No

Year Built 1936

Annual Tax Amount $10,232

Lot Size 7,801 Sqft

Property Sub-Type Triplex

Property Description

3-unit mixed-use Value-add property by Downtown Bell Gardens, 2 houses + 1 retail store on large lot, steps away from major national retailers and from Parkwest Bicycle Casino. Tenants Pay ALL utilities, Next to Brand-New residential condo/apartment development.

7901 Eastern Ave, a high-visibility mixed-use asset strategically positioned on a prime corner in the heart of Bell Gardens, CA. This versatile property represents a rare "Value-Add" or "Owner-User" opportunity in one of the most supply-constrained submarkets of Southeast Los Angeles. By combining storefront retail with residential units, the asset provides a diversified income stream that is uniquely insulated against market volatility, tapping into a neighborhood characterized by a 78% renter-occupied rate.
Built in 1936, the property boasts a total of 3,192 SF on a 7,749 SF CORNER lot with approximately 65 linear feet of frontage along Eastern Avenue. Unit mix includes 1x Retail Store, 1x 3BD/1BA house and 1x 1BD/1BA house. Positioned on a high-traffic commercial artery, the property generates relentless visibility and consistent demand from premium service providers and boutique retailers. Unlike many neighboring assets, this corner-lot configuration (Eastern Ave & Gotham St) includes the massive competitive advantage of gated, on-site parking. This feature not only drives higher residential tenant retention but also provides essential accessibility for commercial clients in a high-density area where street parking is at a constant premium. Tenants pay for all utilities (water, trash, electricity and gas), making this a minimum responsibility investment for the owner.
Offered at a competitive basis below replacement cost, 7901 Eastern Ave is primed for immediate equity capture. The residential units offer a "blank canvas" for a modern renovation program, allowing a new owner to bridge the gap between legacy rents and current market ceilings. With individual metering for water, gas and electricity and no requirement for an on-site manager, the operational overhead remains exceptionally lean, maximizing Net Operating Income (NOI) from day one.
Ideally located minutes from the 710 and 5 Freeways, the property serves as a gateway to the massive employment hubs of Commerce, Vernon, and Downtown Los Angeles.

Location

State CA

County Los Angeles

Area T3 - Bell Gardens, Bell E Of 710, Commerce S Of 26

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Carpet, Laminate, Wood

Fireplaces Type None

Fireplace No

Appliance Gas Range

Laundry None

Exterior

Parking Features Assigned

Fence Chain Link, Masonry, Wood

Pool None

Community Features Urban

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Flat,Shingle

Total Parking Spaces 6

Private Pool No

Building

Lot Description Corner Lot, Near Public Transit, Rectangular Lot, Street Level

Faces East

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Construction Status Fixer,Repairs Cosmetic

Others

Senior Community No

Tax ID 6227025019

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard

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Listed by Handoko Chen Growth Investment Group Pasade han.chen@growthinvestmentgroup.com, DRE #01749321

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7901 EASTERN AVE Bell Gardens, CA 90201