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Key Details
Sold Price $1,174,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR25169269
Sold Date 09/12/25
Bedrooms 1
Property Sub-Type Res Income 2-4 Units
Property Description
A 5-unit multifamily asset located in Bell, CA, a centrally positioned, commuter-friendly city just southeast of Downtown Los Angeles. This property offers stable income with rental upside, strong tenant demand, and future flexibility for expansion or redevelopment. The property consists of five 1-bedroom / 1-bath units across two detached buildings, totaling 2,775 SF of living space on a 7,426 SF BLR3-zoned lot. The layout supports efficient management and appeals to both workforce renters and long-term tenants seeking affordability and privacy. Current rents are approximately 31% below estimated market, offering investors a clear path to higher returns through interior upgrades and lease turnover (buyer to verify AB 1482 rent cap and relocation requirements). Estimated market rent for updated 1-bedroom units in Bell ranges from $1,800 to $1,950/month. With no local rent control, Bell falls under Californias statewide rent cap (AB 1482) allowing greater rent growth potential than neighboring cities like Los Angeles, where stricter ordinances apply. Strategically located just minutes from the I-5 and I-710 Freeways, 6210 Heliotrope offers easy access to major employment centers including Downtown LA, Commerce, Vernon, and Huntington Park. The neighborhood is walkable to parks, markets, elementary schools, and local eateries an attractive draw for stable tenancy. Given the zoning (BLR3) and generous lot size, the site may offer additional value through ADU development or future expansion (buyer to confirm with city planning). 6210 Heliotrope Avenue presents a compelling op
Location
State CA
County Los Angeles
Zoning Public Rec
Direction From the 710 Freeway, exit Florence Ave. Turn right on Wilcox Ave then, left on E Gage Ave. Turn right on Heliotrope Ave propert
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 6316015002
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