5953 Florence Avenue

Bell Gardens, CA 90201

$2,588,888
Price
16
Beds
12
Baths
6,756 Sq. Ft.
$383 / Sq. Ft.
6,756
Sq. Ft.
$383
per Sq. Ft.

Description

NEW CONSTRUCTION DEVELOPMENT in the City of Bell Gardens which consists of 2- 2 STORY Duplexes, THEY CAN BE SOLD AS INDIVIDUAL UNITS SEPARATELY CALL FOR MORE INFO (TOTAL OF 4 UNITS) TOWNHOME STYLE . This beautiful Turn Key 4-Unit property sits in a prime location of Bell Gardens. Each Unit is 1,300 SqFt. All units consist of 4 bedrooms and 2.5 baths, one master bedroom with its own Bathroom and a walk in closet. The property has a great floor plan layout. The kitchens have quartz countertops, freshly...NEW CONSTRUCTION DEVELOPMENT in the City of Bell Gardens which consists of 2- 2 STORY Duplexes, THEY CAN BE SOLD AS INDIVIDUAL UNITS SEPARATELY CALL FOR MORE INFO (TOTAL OF 4 UNITS) TOWNHOME STYLE . This beautiful Turn Key 4-Unit property sits in a prime location of Bell Gardens. Each Unit is 1,300 SqFt. All units consist of 4 bedrooms and 2.5 baths, one master bedroom with its own Bathroom and a walk in closet. The property has a great floor plan layout. The kitchens have quartz countertops, freshly painted with laminate flooring. Each unit has their own central HVAC system, their own solar panels, their own laundry room area and recess lighting throughout. The property has a block & iron fencing with front gate. Fresh new grass is installed on the front and back of the units. This is a perfect INCOME Property Opportunity for all Investors! Centrally located near 710, 105 & 5 Fwy. near the famous Bicycle Casino, shopping centers, dining, schools, hospitals, churches, parks and much more. The Owner is in the process of obtaining the certificate of occupancy and also has plans already submitted to the city for a 2 Bed/2 Bath ADU. Don't wait, seize this incredible opportunity now and make these immaculate units in Bell Gardens your own asset!
  1. Listed by Ernesto Ramos • DRE #01160122 • Brokerage DRE #01914184 • Excellence RE Real Estate, Inc. • 562-755-9305
  2. Listed by Rene Villanueva • DRE #01202041 • Brokerage DRE #01202041 • Rene VIllanueva, Broker

Property Details for 5953 Florence Avenue

Parking Spaces Total
8
Private Pool
No
Cooling Type
Central Forced Air
Total Units
4.0
Building Type
Detached
Lot Size Source
Builder
Living Area
6756
Assessor Parcel Number
6329-006-020
LISTING UPDATED: 10/28/2024 08:29 AM

Property Details for 5953 Florence Avenue

StatusActive
MLS #DW24191128
Days on Market41
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built2024
Lot Size0.27 AC / 11,771 SF
CountyLos Angeles County

Building Information for 5953 Florence Avenue

Stories2Residences-Year Built2024Building Size-Lot Size0.27 AC / 11,771 SF

Property Information for 5953 Florence Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $201,600
  • Gross Scheduled Income: $201,600
  • Gross Operating Income: $201,600
  • Net Operating Income: $201,600
  • Cap Rate: 6.52
Expense Details
  • Operating Expense: $38,490
  • New Taxes Expense: $31,250
  • Electric Expense: $1,440
  • Insurance Expense: $3,600
  • Maintenance Expense: $1,200
  • Trash Expense: $1,000
  • Total Expenses: $38,490
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 11064
  • Tax Census Tract: 5341.02
  • CFD/Mello-Roos Fee: $354
  • Tax Lot: 19
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Up
  • Bedroom Features: All Bedrooms Up
  • Laundry: Yes
  • Laundry Features: Inside
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
  • Flooring: Laminate
Exterior Features
  • Roof: Flat, Rolled/Hot Mop
  • Entry Location: Main Street
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $4,200
  • Unit Type Total Rent: $4,200
  • Unit Type Pro Forma: 4200
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4

Property History for 5953 Florence Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5953 Florence Avenue

Taxable ValueLand$613,836Additions-Total$613,836
Tax Record2024$7,413 ($618 / month)
Home Facts
Lot Size11,768 SqFtStyleCommercialZoningBGC4*CountyLOS ANGELESAPN6329-006-020

Schools near 5953 Florence Avenue

This home is within Montebello Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Garfield Elementary School
PublicK to 5

Bell Gardens Intermediate School
Public6 to 8

Bell Gardens High School
Public9 to 12

Vail High (Continuation) School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5953 Florence Avenue is a multi-family home for sale in Bell Gardens, CA 90201. This property was listed for sale on September 20, 2024 by Excellence RE Real Estate, Inc., it's currently listed at $2,588,888. It has been on the market for a total of 41 days and was last sold on November 12, 2021. This listing's school district is Montebello Unified School District. Nearby schools include Garfield Elementary School, Bell Gardens Intermediate School and Bell Gardens High School. 5953 Florence Avenue is a 16-bed, 12-bath, 6,756 sqft multi-family home built in 2024.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Excellence RE Real Estate, Inc., Ernesto Ramos, DRE #01160122; Rene VIllanueva, Broker, Rene Villanueva, DRE #01202041

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.