2,978 SqFt
2,978 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,978 sqft
Price per Sqft $302
MLS Listing ID AR-26095995
Year Built 1936
Lot Size 7,802 Sqft
Property Sub-Type Triplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
7901 Eastern Ave, a high-visibility mixed-use asset strategically positioned on a prime corner in the heart of Bell Gardens, CA. This versatile property represents a rare "Value-Add" or "Owner-User" opportunity in one of the most supply-constrained submarkets of Southeast Los Angeles. By combining storefront retail with residential units, the asset provides a diversified income stream that is uniquely insulated against market volatility, tapping into a neighborhood characterized by a 78% renter-occupied rate.
Built in 1936, the property boasts a total of 3,192 SF on a 7,749 SF CORNER lot with approximately 65 linear feet of frontage along Eastern Avenue. Unit mix includes 1x Retail Store, 1x 3BD/1BA house and 1x 1BD/1BA house. Positioned on a high-traffic commercial artery, the property generates relentless visibility and consistent demand from premium service providers and boutique retailers. Unlike many neighboring assets, this corner-lot configuration (Eastern Ave & Gotham St) includes the massive competitive advantage of gated, on-site parking. This feature not only drives higher residential tenant retention but also provides essential accessibility for commercial clients in a high-density area where street parking is at a constant premium. Tenants pay for all utilities (water, trash, electricity and gas), making this a minimum responsibility investment for the owner.
Offered at a competitive basis below replacement cost, 7901 Eastern Ave is primed for immediate equity capture. The residential units offer a "blank canvas" for a modern renovation program, allowing a new owner to bridge the gap between legacy rents and current market ceilings. With individual metering for water, gas and electricity and no requirement for an on-site manager, the operational overhead remains exceptionally lean, maximizing Net Operating Income (NOI) from day one.
Ideally located minutes from the 710 and 5 Freeways, the property serves as a gateway to the massive employment hubs of Commerce, Vernon, and Downtown Los Angeles.
Location
State CA
County Los Angeles
Area Bell Gardens, Bell E Of 710, Commerce S Of 26Th
Interior
Heating Wall Furnace
Flooring Carpet, Laminate, Wood
Fireplaces Type None
Laundry None
Exterior
Parking Features Assigned
Pool None
Community Features Urban
Utilities Available Sewer Connected, Water Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available
View Y/N No
View None
Building
Lot Description Corner Lot, Level with Street, Lot 6500-9999, Near Public Transit, Rectangular Lot
Sewer Public Sewer
Nearby Locations
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Lic# 01770909 | 01834114