SOLD 10/27/2023
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Commercial sold for $1,155,000 in 92 days
7101 Chanslor Ave Bell, CA, 90201
Off the market Other
***THE SUBJECT PROPERTY MUST BE SOLD WITH THE ADJACENT 3 UNITS FOR SALE AT 7031 CHANSLOR AVENUE WHICH IS LISTED IN THE MLS*** 7101 Chanslor Avenue is a 6-unit multifamily investment asset located in the highly desirable rental market of Bell. The property features one three-bedroom unit, one two-bedroom unit, and four one-bedroom units sitting on a large 11,903 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: 6327-035-011) which includes 3 units for a total purchase price of $1,725,000**
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Property details
2,962 sqft interior area
Land area
11,903 sqft (0.27 acres)
Address
7101 Chanslor Ave, Bell, CA, 90201
City of California
Bell
County
Los Angeles
Year Built
1945
District
Maywood, Bell
Nearby major retailers
Costco
Lowe's
Walmart Supercenter
ALDI
Albertsons
Walmart Neighborhood Market
T-Mobile
Aldi
Wholesale: 1
Do it yourself: 1
Supermarket: 9
Mobile phone: 2
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Interior Features
—
Garage & Parking
Other, Uncovered Parking Space
Listed by
Nicholas Petrosian, Remax Commercial and Investment Realty
Name
Nicholas Petrosian
License number
01462598
Brokerage company
Remax Commercial and Investment Realty
MLS #
CL23295223
Buyer agent
Name
Nicholas Petrosian
Brokerage company
Remax Commercial and Investment Realty
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Calculate your monthly payments
Mortgage
$3,547
Taxes
$0
HOA dues
$0
Mortgage
$231,000 / 20%
2.28%
30 years
Your amount
$3,547 / month
Lot details
TMK #6327035012
Parcel nr.
6327035012
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
—
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
51%
Families with children
National average: 39%
16%
Non family households
499,120
Population
$68,659
Average Income
Age & gender
Median age 32 years
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Commute types
86% commute by car
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Education level
40% have not graduated education
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Number of employees
2% work in manufacturing
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Vehicles available
34% have 2 vehicle
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Vehicles by gender
34% have 2 vehicle
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Housing market insights for
$767.15k
Neighborhood average
sales price*
sales price*
$720k
Neighborhood median
sales price*
sales price*
194
Number
of sales*
of sales*
Housing type
53% are single detacheds
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Rooms
50% of the houses have 4 or 5 rooms
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Bedrooms
65% have 2 or 3 bedrooms
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Owners vs Renters
61% are renters
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15.5 / 20
Most Walkable
►
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 Oct 27, 2023
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Oct 27, 2023 | Sold | $1,155,000 | 0 | Public Record |
| Oct 27, 2023 | Price Decrease | $1,155,000 -15.69% | 0 | MLS #CL23295223 |
| Aug 16, 2023 | Under contract | $1,370,000 | 0 | MLS #CL23295223 |
| Jul 28, 2023 | New Listing | $1,370,000 | 0 | MLS #CL23295223 |
Taxes of 7101 Chanslor Ave, Bell, CA, 90201
BLR3 zoning / MLS #CL23295223
Zoning
BLR3
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Frequently Asked Questions about 7101 Chanslor Ave
What is 7101 Chanslor Ave?
7101 Chanslor Ave is a Commercial/Industrial propertywith 2,962 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
7101 Chanslor Ave, Bell, CA, 90201.
What comparable properties are nearby?
Comparable nearby commercial properties include 5051 Gage Ave, 4026 Gage Ave, 4003 Acacia St, 3613 Gage Ave, 3579 Gage Ave, 5033 Clara St.
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: Oct 27, 2023
Verhouse Last checked 3 minutes ago
The closest grocery stores are Food 4 Less, 0.38 miles away and Superior Grocers, 0.82 miles away.
The 90201 zip area has a population of 499,120, and 51% of the families have children. The median age is 32.31 years and 86% commute by car. The most popular housing type is "single detached" and 61% is renter.
