Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Bell Gardens Multifamily Investment Opportunity Title is generated by Realmo AI

    8022 Felix, Bell Gardens, CA 90201

    View on Map
    Claim this Listing
    For Sale
    $1,350,000

    Income property in Bell Gardens with value-add potential.

    Type:Investment
    Added:
    Apr 26, 2026
    Days on Market:
    36
    Last Refresh:
    Apr 26 at 12:52 am

    Property Features for 8022 Felix

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1958

    We can help!

    Listing Contact
    Ixbalanque Garcia

    Listing agent Ixbalanque Garcia

    Listing office

    Listing date Apr 26, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Ixbalanque Garcia

    HighLights

    • Fully vacant, allowing immediate rent setting at current market rates.
    • Great investment opportunity in the heart of Bell Gardens.
    • Strong value‑add potential through upgrades and increased rental income.
    • Separate utility meters for efficient operating costs.
    • Well‑maintained property.
    • Desirable location with convenient access to amenities, schools, and freeways.

    Overview

    This income-producing multifamily property is located in Bell Gardens. The property is fully vacant, presenting an opportunity to set rents at current market rates. The units have separate utility meters. While the units are not recently remodeled, they present value-add potential for upgrades and increased rental income. The location provides convenient access to local amenities, schools, and major freeways. The property has a walk score of 81, indicating it is very walkable, and a bike score of 55, indicating it is bikeable. This property is suitable for investors looking to maximize cash flow or customize units to attract high-quality tenants.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bell Gardens
    County
    Los Angeles
    State
    California
    Longitude
    -118.156894
    Latitude
    33.9582195

    Nearby Similar for Sale

    • $2,160,000
      5,716 SF

      Bell Gardens Multifamily Investment Opportunity

      Seven-unit multifamily property on a large lot in Bell Gardens.
      7825 Jaboneria Rd, Bell Gardens, CA 90201
      View Details
    • $949,000
      3,539 SF

      Bell Gardens Multifamily Investment

      Four units with income potential in Bell Gardens, California.
      6729 Alvina St, Bell Gardens, CA 90201
      View Details
    • $1,100,000
      3,207 SF

      Mixed-Use Property in Bell Gardens

      Mixed-use property with retail and residential units in Bell Gardens.
      6406 Florence, Bell Gardens, CA 90201
      View Details
    • $1,100,000
      3,207 SF

      Mixed-Use Property in Bell Gardens

      Mixed-use commercial property with retail and residential units.
      6406 Florence, Bell Gardens, CA 90201
      View Details
    • $1,050,000
      2,550 SF

      Bell Gardens Quadruplex Opportunity

      Four-unit property with two vacant units in Bell Gardens.
      6514 Foster Bridge Boulevard, Bell Gardens, CA 90201
      View Details
    • $1,175,000
      2,048 SF

      Bell Gardens Duplex with Expansion Potential

      Duplex in Bell Gardens with converted garage and expansion possibilities.
      7114 el Selinda Ave, Bell Gardens, CA 90201
      View Details
    • $850,000
      1,426 SF

      Bell Gardens Duplex Investment Opportunity

      Duplex in Bell Gardens with income potential on large lot.
      6725 Toler Ave, Bell Gardens, CA 90201
      View Details
    • $1,350,000
      4,200 SF

      Bell Gardens Commercial Building For Sale

      Remodeled commercial building ideal for dental, real estate, or medical use.
      6611 Eastern Avenue, Bell Gardens, CA 90201
      View Details
    • $1,500,000
      4,672 SF

      Bell Gardens Quadruplex For Sale

      Quadruplex in Bell Gardens, CA, approximately 4,672 square feet.
      6000 Ludell, Bell Gardens, CA 90201
      View Details
    • $1,600,000
      4,404 SF

      Updated Cottage Homes in Bell Gardens

      Six updated cottage homes with long-term tenants and parking.
      5523 Gotham Avenue, Bell Gardens, CA 90201
      View Details
    • $839,900
      1,540 SF

      Bell Gardens Triplex Opportunity

      Income-generating triplex with renovation potential in a growing community.
      6527 Marlow Avenue, Bell Gardens, CA 90201
      View Details
    • $960,000
      7,802 SF

      Mixed-Use Property with Gated Parking

      Mixed-use property featuring retail storefront and residential units.
      7901 Eastern Ave, Bell Gardens, CA 90201
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Income property in Bell Gardens with value-add potential.
    Where is this multifamily property located?
    The property is located at 8022 Felix Bell Gardens, CA.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Fully vacant, allowing immediate rent setting at current market rates.; Great investment opportunity in the heart of Bell Gardens.; Strong value‑add potential through upgrades and increased rental income.
    (562) 474-1722
    We can help!
    Listing Contact
    Ixbalanque Garcia
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8022 Felix, Bell Gardens, CA 90201
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!