6607 Otis Avenue, Bell, CA 90201

Bell
Local realty services provided by:ERA Carlile Realty Group
6607 Otis Avenue,Bell, CA 90201
$3,700,000
  • - Beds
  • - Baths
  • 8,676 sq. ft.
  • Multi-family
  • Active
Listed by: monica george
Office: california curb appeal rps909-601-7069
MLS#:OC26179712
Source:CRMLS

Price summary

  • Price:$3,700,000
  • Price per sq. ft.:$426.46

About this home

Prime investment opportunity to acquire a 16-unit multifamily property in the City of Bell. This asset has strong in-place income with a current 5.7% CAP, and an estimated 20% rental upside provides a clear value-add pathway. The courtyard layout consists of (15) one-bedroom / one-bath apartments and (1) two-bedroom one-bath apartment, with a property manager on site. Notably, it is not subject to a separate City of Bell rent-stabilization ordinance adding further appeal. Current annual gross rental income is approximately $279,576, with future rent-growth potential to $337,800 based on renovated turnover units and market conditions. Water, gas, trash service, a laundry facility, and 20 uncovered parking spaces are currently included. Built in 1962 and on a 15,884 square foot lot with 8,676 square feet of improvements, this reflects cost of $231,250 per unit, within the City of Bell’s R-3 High-Density Multiple-Family Residential Zone. Centrally positioned within Southeast Los Angeles...

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Home facts

  • Year built:1962
  • Listing ID #:OC26179712
  • Added:3 day(s) ago
  • Updated:August 21, 2026 at 10:48 AM

Rooms and interior

  • Living area:8,676 sq. ft.

Structure and exterior

  • Year built:1962
  • Building area:8,676 sq. ft.
  • Lot area:0.37 Acres
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$3,700,000
  • Price per sq. ft.:$426.46

Parking

  • Total parking spaces:20
  • Parking description:Uncovered
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