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$1,925,000
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Property Description
We are pleased to present 6636 Otis Ave to market, a 9 unit multifamily constructed in 1958 in the city of Bell. Otis Ave consists of seven 1 bed/1 bath units and two 2 bed/1 bath units. All units are separately metered for gas and electric and comes with communal laundry on site The property offers 12 parking spaces for tenants including two garage spaces in the rear. Rents are currently about 30% below market rate, allowing upside in rental income for a new buyer. The rear of the property has two garage spaces that could also be converted into an ADU (buyer to confirm).
Full Property Details
Full Property Details for 6636 Otis Ave
General
- Sold For: $1,925,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW23091046
- Added to Site: 1, 014 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area, Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 2
Location
- Area: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
- County: Los Angeles
- Development Name: T3 - Bell Gardens, Bell E of 710, Commerce S of 26
- Driving Directions: On the corner of Bell Ave and Otis
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 9
- # Electric Meters: 9
Structural Information
- Entry Location: 1
- Square Feet: 6,444
- Year Built: 1958
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 7
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 8
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 9
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1989
- Lot Size Source: Assessor
- Zoning: BLR3YY
- Lot Description: Near Public Transit
Financial Considerations
- Price Per Sq. Ft.: $298.73
- Price Per Unit: 188889
Listed and Sold by Younglewin Advisors, Inc., Jackson Jorgensen
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Schools
Schools serving 6636 Otis Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Corona Avenue Elementary School 3825 Bell Avenue, Bell, CA 90201 | 1-5 | 0.3 mi |
Orchard Academies 2b School 6411 Orchard Avenue, Bell, CA 90201 | 7-8 | 0.4 mi |
Bell Senior High School 4328 Bell Avenue, Bell, CA 90201 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 6636 Otis Ave
Date
Details
Price
Change
Source
7/20/2023
Sold
$1,925,000
13.24%
MLS
5/24/2023
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
6636 Otis Avenue, Bell, CA 90201 (MLS# PW23091046) is a Multi-Family property that was sold at $1,925,000 on July 20, 2023. Want to learn more about 6636 Otis Avenue? Do you have questions about finding other Multi-Family real estate for sale in Bell? You can browse all Bell real estate or contact a Coldwell Banker agent to request more information.

