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10560 Bell Street

Stanton, CA 90680

– beds
– baths
– sqft
~1/2 acre lot
1965 build
– on site

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Great Investment Opportunity to obtain 4 Units, in a phenomenal Stanton location! Subject property located at 10560 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 10550 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.

Listed By CRMLS_CA / Danny Owens / Owens Commerical Investments

Last checked: Checking… • Last updated Jun 8, 2023 •

MLS# OC22105468 —

The Building

Year Built:

1965
Year Built Source:

Public Records
New Construction:

No
Construction Materials:

Asphalt, Drywall Walls, Stucco
Roof:

Composition, Flat
Foundation:

Slab
Common Walls:

2+ Common Walls
Building Area Total:

3938.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

4
Stories Total:

2
# of Separate Gas Meters:

5
# of Separate Water Meters:

1
# of Separate Electric Meters:

5

Interior

Features:

Ceiling Fan(s)
Levels:

Two
Flooring:

Carpet, Laminate
Laundry:

Common Area, Community
Laundry:

1

Location

Directions:

Knott to Cerritos, right on Cerritos, then immediate right on Bell. Property on the left.
Latitude:

33.80884200
Longitude:

-118.00820200

The Property

Property Type:

Residential Income
Property Condition:

Turnkey
Zoning:

R-2
Lot Features:

Cul-De-Sac, Front Yard, Landscaped, Flag Lot, Level
Lot Size Area:

17424.0000
Lot Size Acres:

0.4000
Lot Size SqFt:

17424.00
Lot Size Source:

Assessor
Fencing:

Wood
Fence:

Yes
Security Features:

Security Lights, Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Maintained, Paved
Property Attached:

1
Additional Parcels:

Yes
Additional Parcels Description:

07931264
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

878.01
Tax Tract:

17020
Tax Lot:

13

The Listing

Buyer's Brokerage Compensation:

2.500%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2.50
Parcel Number:

07931265

Heating & Cooling

Heating:

1
Heating:

Wall Furnace

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Oven, Gas Range, Gas Cooktop, Water Heater Central
Included:

Yes

The Community

Subdivision:

Other (OTHR)
Subdivision:

n/a
Senior Community:

No
Features:

Sidewalks, Suburban
Pool:

None
Private Pool:

No
Spa Features:

None

Parking

Parking:

Yes
Parking:

Assigned, Driveway, Asphalt, Driveway Level, Garage - Two Door, Parking Space, Unassigned
Parking Spaces:

6.00
Garage Spaces:

4.00
Uncovered Spaces:

2.00

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Sale history

Date	Event	Source	Price	% Change
9/8/22 Sep 8, 2022	Sold	CRMLS_CA	$1,540,000	-5.2%
7/23/22 Jul 23, 2022	Pending	CRMLS_CA	$1,625,000
7/7/22 Jul 7, 2022	Price Changed	CRMLS_CA	$1,625,000	-1.5%

Multifamily Sold on 9/8/2022

$1,540,000

Listing provided by broker:

Danny Owens

Owens Commerical Investments

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Listing Courtesy of: CRMLS_CA and Owens Commerical Investments. Based on information from California Regional Multiple Listing Service, Inc. as of 09:44 on May 09.

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.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

10560 Bell Street

Stanton, CA 90680