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7031 Chanslor Ave, Bell, CA 90201
$570,000
7031 Chanslor Ave, Bell, CA 90201View this property at 7031 Chanslor Ave, Bell, CA 90201
7031 Chanslor AveBellCA90201
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Property Description
***THE SUBJECT PROPERTY WAS SOLD TOGETHER WITH THE ADJACENT 6 UNITS FOR A TOTAL PURCHASE PRICE OF $1,725,000*** 7031 Chanslor Avenue is a 3-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit and two one-bedroom units sitting on a large 11,693 square foot lot. Parking includes garage and open spaces and the building is separately metered for gas and electricity. All new roofs have been installed. There is a significant amount of upside in the rental income. The subject property is an excellent investment opportunity because of it's great location and substantial amount of rental upside. BUYER TO VERIFY NUMBER OF UNITS, UNIT MIX AND SQUARE FOOTAGE WITH THE CITY OF BELL. DRIVE BY ONLY. DO NOT CONTACT TENANTS. **SALES PRICE IN LISTING DOES NOT REFLECT ACTUAL SALES PRICE. Property was sold with adjacent parcel (APN: 6327-035-012) which includes 6 units for a total purchase price of $1,725,000**
Full Property Details
Full Property Details for 7031 Chanslor Ave
General
- Sold For: $570,000
- Status: Closed
- Type: Multi-Family
- MLS ID: 23-295259
- Added to Site: 324 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: None
Parking
- Garage Description: Garage - 1 Car, Garage - 2 Car
Location
- Area: Maywood, Bell
- County: Los Angeles
- Driving Directions: North of Florence Avenue and East of Wilcox Avenue.
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall
Structural Information
- # Buildings: 3
- Stories/Levels: 1
- Square Feet: 1,982
- Sq. Ft. Source: Assessor
- Year Built: 1936
- Year Built Source: Assessor
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Total Bathrooms: 2
- Bedrooms: 3
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.2684
- Lot Size: 11693
- Lot Size Source: Assessor
- Zoning: BLR3YY
Financial Considerations
- Price Per Sq. Ft.: $343.09
- Assessment Year: 1936
Disclosures and Reports
- Disclosures/Reports: As Is
- APN: 6327-035-011
Listed and Sold by Remax Commercial and Investment Realty, Nicholas Petrosian
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Schools
Schools serving 7031 Chanslor Ave
School District:Los Angeles Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
5027 Live Oak St, Cudahy, CA 90201 | K-8 | 0.3 mi | |
4328 Bell Ave, Bell, CA 90201 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7031 Chanslor Ave
Date
Details
Price
Change
Source
10/27/2023
Sold
$570,000
-16.18%
MLS
7/28/2023
Listed
$680,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
7031 Chanslor Ave, Bell, CA 90201 (MLS# 23-295259) is a Multi-Family property that was sold at $570,000 on October 27, 2023. Want to learn more about 7031 Chanslor Ave? 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.