Stanton, CA 90680,10550 Bell ST
Stanton, CA 90680,10550 Bell ST
Stanton, CA 90680,10550 Bell ST
Stanton, CA 90680,10550 Bell ST
Stanton, CA 90680,10550 Bell ST
Stanton, CA 90680,10550 Bell ST
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$1,540,000

$1,625,000

5.2%
Est.Price: ?

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Est. payment /mo

0.4 Acres Lot


SOLD DATE : 09/08/2022

Key Details

Sold Price $1,540,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision ,N/A

MLS Listing ID OC22105437

Sold Date 09/08/22

HOA Y/N No

Year Built 1965

Lot Size 0.400 Acres

Property Description

Great Investment Opportunity to obtain 4 Units, in a phenomenal Stanton location! Subject property located at 10550 Bell Street. This property is surrounded by Immaculately Maintained Newer and Large Condo Complexes. The 4-plex contains three (3) large 2 bedroom and 2 bath units and one (1) large 1 bedroom 1 bath. The location just one block to the City of Cypress, surrounded by Single Family Residences. You do not typically find apartment complexes in a great location such as this. This is a beautiful turnkey property, with great tenants who all pay rent on time! The property produces stable income and 20% upside in current rents. Property shows beautifully and most units have new flooring on the interior. Exterior is immaculate, with new lighting on building, security screen doors on all units, designer paint, beautiful landscaping, resurfaced driveways and parking lot. Convenient design for ingress and egress around property and detached garages in the back of property. Beautiful courtyard for tenants to enjoy. Great situation to obtain 8 units with residential loan, financing each 4-unit complex individually. Property can be sold separately but must close concurrently with 10560 Bell Street. Each 4-plex being offered at $1,699,000 and both properties together being offered at $3,398,000. This is a must see property.

Location

State CA

County Orange

Area 11 - Westside

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Flooring Carpet, Laminate

Fireplace No

Appliance Gas Oven, Gas Range, Water Heater

Laundry Common Area, Laundry Room

Exterior

Parking Features Asphalt, Door-Multi, Driveway Level, Garage, Garage Door Opener, Paved, One Space, Unassigned

Garage Spaces 4.0

Garage Description 4.0

Fence Wood

Pool None

Community Features Suburban, Sidewalks

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

View Y/N Yes

View Courtyard

Roof Type Composition,Flat

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Front Yard, Lawn, Landscaped, Paved, Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 07931264

Security Features Fire Detection System,Smoke Detector(s),Security Lights

Energy Description 2293.0

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Danny Owens • Owens Commerical Investments
Bought with Matthew Hoyt • Hoyt Real Estate, Inc.

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