Courtesy of: Julian Park, Park Regency Realty, julian@getrealvalley.com
Courtesy of: Julian Park, Park Regency Realty, julian@getrealvalley.com
$1,175,000
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2 bed
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1.00 Bath (1 Full)
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Lot: 5,000.00 Square Feet
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Duplex
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$1,175,000
7114 el Selinda Ave DUPLEX IN BELL GARDENS WITH CONVERTED GARAGE (buyer to verify permits). Could be 3 units with option to expand and build 4+ units! Two-two bedroom units VERY RARE R2 ZONING on 3 UNITS. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents if you rent out the 3rd unit is 4.5%! Owner may be willing to evict or help raise rent. And that's WITHOUT raising rents or evicting tenants! There is a filled pool in the back that can be reinstated to add a swimming pool! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now!
Courtesy of: Julian Park, Park Regency Realty, julian@getrealvalley.com
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