About 6900 California
Pleased to present 6900 California Avenue, a rare opportunity to purchase a 24-unit apartment building with an prime unit mix of almost all 2-bedroom units for $208,333 per unit. The property sits in a quiet residential neighborhood in the excellent rental city of Bell. This is a true value-add opportunity for a new owner to improve property aesthetics and increase future income. The property offers spacious floorplans, ample parking and on-site laundry facilities.
Given the property’s ideal central location near Southland freeways (30 minutes or less median travel time to work) and the city’s renter profile being over ±73% of the population, 6900 California Avenue will benefit from rapidly rising rents as demand far outpaces supply resulting in historically-low vacancy rates.
