7025 Vinevale Avenue, Bell, CA 90201

$2,100,000
13
BD
11
BA
5,977
SqFt

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List Price
$2,100,000
Status
ACTIVE UNDER CONTRACT
Days on Market
185
Price Change
▼ $100,000 1780700644
MLS#
26651133
Subtype
Residential Income
Year Built
1947
Bedrooms
13
Bathrooms
11
Living Area
5,977
Lot Size
21,895
Acres
0.50
MLS Area Major
Maywood, Bell (T6)

Property Description

Buy this for the bread and butter, monetize the upside for the beef. Check out the rents compared to market rents; it looks like 36% upside may be a good estimate. Seller may carry a first trust deed note at market rates, approximately 50% LTV. Lots of open space for ADU's on this 1/2 Acre lot. Per SB 1211, build up to 8 ADU's, subject to State laws, local ordinances, and City of Bell entitlement and permitting requirements. Be sure to vet and validate potential for rent increase and development for your client.

Additional Information

Zoning
BLR3YY
Heating
Combination
Stories
Two Levels
Levels
Two
Parking Features
Detached Carport, Driveway, On Street

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Carlos A.G. Gonzalez (carlos@dealtradex.com) from Listing Office: DealTrade Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.