Multifamily Property with Carport
3510 Nevada Street, Bell, CA 90201
For Sale
$1,875,000
Residents have access to on-site laundry and carport parking, with laundry equipment owned rather than leased.
Property Size5,062 SF
Price / SF$370.41
Days on Market261
Property Features for 3510 Nevada Street
General Information
Standard status
Size
Property subtype
Amenities
carport parking
on site laundry
Building Details
Building Size
Year Built
Listing Agency:
Property Leaders
(949) 680-5519
Listed By:
Kevin Yee · License #02154195
(949) 235-7864
Source:
Thecorralesgroup
Added: Feb 22
Changed: Nov 8
Last Checked: Nov 8 at 7:04PM
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 Property Leaders
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 5,062-square-foot multifamily property was built in 1955 and contains two-bedroom, one-bathroom units. Carport parking and on-site laundry serve the building, and the laundry equipment is not leased. An electrical upgrade was completed throughout the property this year. The building is on Nevada Street in Bell, California.
Key Highlights
- 5,062‑square‑foot multifamily property built in 1955
- Two‑bedroom, one‑bathroom unit configuration
- Carport parking and on‑site laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,452
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,629,040
$1.6M
Cap Rate 7%
$1,163,600
$1.2M
Cap Rate 9%
$905,022
$905.0K
Market Conditions
NOI Build-Up for 5,062 SF
Gross rent
$161.0K $31.80/SF
− Vacancy
−$12.9K −$2.54/SF
EGI
$148.1K $29.26/SF
− OpEx
−$66.6K −$13.17/SF
NOI
$81.5K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,629,040
Cap Rate 7%
$1,163,600
Cap Rate 9%
$905,022
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.36M
NOI $81,452 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,712 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,117
Businesses Nearby
Explore this area
Business Placement
Demographics for 90201, CA
95,810
Population
24,989
Households
3.8
Avg Household Size
32
Median Age
7%
College-Educated
55%
High-School Grad
6.0 sq mi
ZIP Area
15,968
Density / Sq Mi
$56,824
Median Household Income
$30,264
Median Earnings
$1,623
Median Rent
$542,800
Median Home Value
Market
Average Price Trend$/SF for Multifamily properties in Los Angeles County, CA
Properties on Market for Multifamily properties in Los Angeles County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Residents have access to on-site laundry and carport parking, with laundry equipment owned rather than leased.
Where is this multifamily property located?
The property is located at 3510 Nevada Street Bell, CA.
What is the asking price?
The asking price for this property is $1,875,000.
What are key features of this property?
This property features: 5,062‑square‑foot multifamily property built in 1955; Two‑bedroom, one‑bathroom unit configuration; Carport parking and on‑site laundry
