REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,200,000
Est. payment /mo
Price Dropped by $300K
7025 Vinevale AVE Bell, CA 90201
13 Beds
11 Baths
5,977 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,977 sqft
Price per Sqft $368
MLS Listing ID 26651133
Bedrooms 13
HOA Y/N No
Year Built 1947
Lot Size 0.503 Acres
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.
Location
State CA
County Los Angeles
Area T6 - Maywood, Bell
Zoning BLR3YY
Interior
Heating Combination
Fireplace No
Exterior
Parking Features Detached Carport, Driveway, On Street
Building
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6326020006
Special Listing Condition Standard
Listed by Carlos A.G. Gonzalez DealTrade Inc. #00976287
GET MORE INFORMATION
QUICK SEARCH