Four-Unit Quadplex with
For Sale
Contact for pricing
Pending
6000 LUDELL ST, Bell Gardens, CA 90201
Quadplex in Bell Gardens offering four-bedroom units, attached two-car garages, and in-unit laundry with separate utilities.
Property Size4,672 SF
Days on Market66
Property Features for 6000 LUDELL ST
General Information
Standard status
Pending
Size
4,672 SF
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
4
Building Details
Year Built
1988
Units
2
Tenancy
Multi
Listing Agency:
Century 21 Allstars
Listed By:
Deborah Martel · License #02214856
Source:
Crexi
Added: Jun 6
Changed: Aug 8
Last Checked: Jul 24 at 5:58AM
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 Century 21 Allstars
Investment Insights
Based on property information with market context.
This four-unit quadplex is set up as four-bedroom residences, each with an in-unit laundry area and a two-car garage. Two units feature one bathroom, while the other two units include two bathrooms. The property includes a mix of configurations: two units are single level, and two are two-story layouts with side entrances designed for more private access. Each unit also has its own small backyard, supporting everyday outdoor space for tenants.
The building is located at 6000 Ludell St in Bell Gardens, California. The property is designed to reduce parking friction, with plenty of parking space on site rather than relying on street parking.
For owner-operators and investors, the separate utility setup is a practical benefit. Each unit has its own gas, water, and electricity meters, which can simplify billing and help individual tenants manage their utilities directly. With four distinct units, the property offers a straightforward multi-family structure for those seeking a small income property with self-contained services, garages, and laundry within each unit.
The building is located at 6000 Ludell St in Bell Gardens, California. The property is designed to reduce parking friction, with plenty of parking space on site rather than relying on street parking.
For owner-operators and investors, the separate utility setup is a practical benefit. Each unit has its own gas, water, and electricity meters, which can simplify billing and help individual tenants manage their utilities directly. With four distinct units, the property offers a straightforward multi-family structure for those seeking a small income property with self-contained services, garages, and laundry within each unit.
Key Highlights
- 1988‑built quadplex with four units, each with 4 bedrooms
- Units feature attached 2‑car garages and in‑unit laundry areas
- Two units have 1 bathroom and two units have 2 bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$81,590
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.44%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,631,800
$1.6M
Cap Rate 7%
$1,165,571
$1.2M
Cap Rate 9%
$906,556
$906.6K
Market Conditions
NOI Build-Up for 4,672 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$126.1K $27.00/SF
− Vacancy
−$9.6K −$2.05/SF
EGI
$116.6K $24.95/SF
− OpEx
−$35.0K −$7.48/SF
NOI
$81.6K $17.46/SF
Area
Los Angeles County, CA
Vacancy
7.60%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,631,800
Cap Rate 7%
$1,165,571
Cap Rate 9%
$906,556
Alternative Uses
Best Use
Multifamily LT 5
$1.17M
$1.02M – $1.36M
NOI $81,590 @ 7.0% cap · market cap 5.44%
Second Best
Apartment 5plus
$1.07M
$939.7K – $1.25M
NOI $75,176 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $175,096 @ 7.0% cap · market cap 11.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,388
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
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Quadplex in Bell Gardens offering four-bedroom units, attached two-car garages, and in-unit laundry with separate utilities.
Where is this quadplex located?
The property is located at 6000 LUDELL ST Bell Gardens, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 1988‑built quadplex with four units, each with 4 bedrooms; Units feature attached 2‑car garages and in‑unit laundry areas; Two units have 1 bathroom and two units have 2 bathrooms
