SOLD 07/20/2023
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Commercial sold for $1,925,000 in 58 days
6636 Otis Ave Bell, CA, 90201
Off the market Other
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).
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Property details
6,444 sqft interior area
Land area
8,662 sqft (0.20 acres)
Address
6636 Otis Ave, Bell, CA, 90201
City of California
Bell
County
Los Angeles
Year Built
1958
District
Bell Gardens, Bell E Of 710, Commerce S Of 26
Nearby major retailers
Costco
ALDI
Albertsons
Walmart Neighborhood Market
Walmart Supercenter
T-Mobile
Aldi
Wholesale: 1
Supermarket: 5
Mobile phone: 2
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Listed by
Jackson Jorgensen, Younglewin Advisors, Inc.
Name
Jackson Jorgensen
License number
02022727
Brokerage company
Younglewin Advisors, Inc.
MLS #
CRPW23091046
Buyer agent
Name
Jackson Jorgensen
Brokerage company
Younglewin Advisors, Inc.
Payment calculator
Calculate your monthly payments
Mortgage
$5,911
Taxes
$0
HOA dues
$0
Mortgage
$385,000 / 20%
2.28%
30 years
Your amount
$5,911 / month
Lot details
TMK #6325011005
Lot Description
Other
Parcel nr.
6325011005
90201 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 90201
52%
Families with children
National average: 39%
15%
Non family households
588,682
Population
$57,748
Average Income
Age & gender
Median age 30 years
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Commute types
84% commute by car
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Education level
44% have not graduated education
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Number of employees
2% work in manufacturing
More info
Vehicles available
33% have 2 vehicle
More info
Vehicles by gender
33% have 2 vehicle
More info
Housing market insights for
$714.42k
Neighborhood average
sales price*
sales price*
$670k
Neighborhood median
sales price*
sales price*
202
Number
of sales*
of sales*
Housing type
52% are single detacheds
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Rooms
50% of the houses have 4 or 5 rooms
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Bedrooms
63% have 2 or 3 bedrooms
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Owners vs Renters
65% are renters
More info
14.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Sold Jul 20, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Jul 20, 2023 | Sold | $1,925,000 | 0 | Public Record |
| Jul 20, 2023 | Price Increase | $1,925,000 +13.24% | 0 | MLS #CRPW23091046 |
| May 30, 2023 | Under contract | $1,700,000 | 0 | MLS #CRPW23091046 |
| May 24, 2023 | New Listing | $1,700,000 | 0 | MLS #CRPW23091046 |
Taxes of 6636 Otis Ave, Bell, CA, 90201
BLR3 zoning / MLS #CRPW23091046
Zoning
BLR3
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Frequently Asked Questions about 6636 Otis Ave
What is 6636 Otis Ave?
6636 Otis Ave is a Commercial/Industrial propertywith 6,444 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
6636 Otis Ave, Bell, CA, 90201.
What comparable properties are nearby?
Comparable nearby commercial properties include 4026 Gage Ave, 4003 Acacia St, 3613 Gage Ave, 3579 Gage Ave, 5051 Gage Ave, 4356 Slauson Ave.
Based on information from the bridgeMLS as of 05-19-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Jul 22, 2023
Verhouse Last checked 2 minutes ago
The closest grocery stores are Superior Grocers, 0.62 miles away and Walmart Supercenter, 1.48 miles away.
The 90201 zip area has a population of 588,682, and 52% of the families have children. The median age is 30.94 years and 84% commute by car. The most popular housing type is "single detached" and 65% is renter.
