7901 Eastern Avenue
$960,000
7901 Eastern Avenue, Bell Gardens, CA 90201
4.5
Cap Rate
42,392
NOI
Details:
Highlights:
- High-Visibility Corner Location: Prime frontage at the intersection of Eastern Ave and Gotham St—a major commercial artery ensuring a perpetual stream of interest from local service providers and boutique retailers.
- 4.50% Year-1 CAP Rate: Delivers immediate high cash flow, with built-in appreciation in one of LA’s strongest submarkets.
- Strategic Mixed-Use Diversification: Rare combination of storefront retail and residential units, providing a balanced, recessionresistant income stream in a high-density submarket.
- Significant Value-Add Potential: Opportunity to capture immediate upside by transitioning legacy rents to market levels and implementing “lipstick” interior renovations to the residential units.
- Exceptional Connectivity: Minutes from the 710 and 5 Freeway ramps, providing an effortless commute to the massive employment hubs of Commerce, Vernon, and Downtown Los Angeles.
- Dense Renter Demographics: Situated in a submarket with a 78% renter-occupied rate and over 38,000 residents within the immediate vicinity, guaranteeing a perpetual tenant base.
- Owner-User Opportunity: Ideal for a business owner looking to occupy the high-visibility retail storefront while utilizing the residential income to offset the mortgage.
- Supply-Constrained Market: Located in a “high-barrier-to-entry” zone with extremely low vacancy rates for both local-serving retail and affordable multi-family housing.
- Bifurcated Income Stream: Versatile footprint featuring one (1) retail storefront and two (2) residential units (Mix of 1BR and 2BR layouts) suited for the local workforce.
- Rare On-Site Gated Parking: Features approximately 5-7 dedicated parking spaces behind a secured gate—a massive competitive advantage and tenant draw in a high-density area.
- Flexible Zoning (BGCM): Bell Gardens Commercial/MixedUse zoning allows for a wide array of “By-Right” uses, including professional offices, medical suites, or creative retail.
- Individualized Metering: Units are individually metered for gas and electricity, significantly reducing landlord utility responsibility and maintaining a low expense ratio.
- Large Corner Lot (±7,802 SF): The oversized lot provides excellent ingress/egress and potential for future ADU (Accessory Dwelling Unit) expansion or exterior amenity additions.
- Low-Maintenance Operation: Minimal landscaping requirements and a durable building footprint designed to minimize ongoing CAM (Common Area Maintenance) and gardener expenses.
- Efficient Management: Total unit count falls below the CA state requirement for a mandatory on-site resident manager, allowing for streamlined off-site management.
- Character & Visibility: 1930s-era architecture provides “good bones” and a distinct street presence, enhanced by approximately 65 feet of prime Eastern Avenue frontage
Description:
Growth Investment Group California is proud to present the
exclusive listing of 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. Whether you are a 1031-exchange
buyer seeking a stabilized cash-flow vehicle
or a local entrepreneur looking to anchor a
business in a high-traffic location, this asset
offers the perfect marriage of commercial
exposure and residential stability in a
recession-resistant submarket.
LOCATION & CONNECTIVITY
• Neighborhood Amenities: Within 0.2 miles of local retail
hubs, grocery stores, and essential services. The Bicycle Hotel &
Casino (1.2 miles), Walmart Supercenter (1.3 miles), Sam’s Club
(2.5 miles), East Los Angeles College (ELAC) (4.1 miles), Cal State
Los Angeles (CSULA) (5 miles), and Cerritos College (5.5 miles).
• Accessibility: Centrally located in the Southeast Los Angeles
submarket, direct access to I-710 (0.8 miles) and I-5 (2.5 miles),
and Hwy 91.
Documents:
| Title | ||
|---|---|---|
|
Flyer-7901EasternAve.pdf
|
||
|
OM-7901EasternAve.pdf
|
Location
Gallery