Residential Income
For Sale
$3,250,000
6536 Ajax Avenue, Bell Gardens, CA 90201
A 1950-built property in Bell Gardens is zoned BGR3*.
Property Size6,343 SF
Days on Market8
Property Features for 6536 Ajax Avenue
General Information
Standard status
Active
Size
6,343 SF
Property subtype
Apartment
Building Details
Building Size
6,343 SF
Year Built
1950
Listing Agency:
Elite Homes Realty
Listed By:
Tony Lee · License #01034072
(714) 820-4030
Source:
Archetyperealty
Added: Oct 1
Changed: Oct 5
Last Checked: Oct 7 at 4:27PM
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 Elite Homes Realty
Investment Insights
Based on property information with market context.
Built in 1950, this residential income property is located at 6536 Ajax Avenue in Bell Gardens, California. The property has BGR3* zoning. Interior features include a wall furnace and gas range; exterior details include assigned concrete parking.
Key Highlights
- Built in 1950
- Zoned BGR3*
- Wall furnace and gas range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$102,064
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,041,280
$2.0M
Cap Rate 7%
$1,458,057
$1.5M
Cap Rate 9%
$1,134,044
$1.1M
Market Conditions
NOI Build-Up for 6,343 SF
Gross rent
$201.7K $31.80/SF
− Vacancy
−$16.1K −$2.54/SF
EGI
$185.6K $29.26/SF
− OpEx
−$83.5K −$13.17/SF
NOI
$102.1K $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%
$2,041,280
Cap Rate 7%
$1,458,057
Cap Rate 9%
$1,134,044
Alternative Uses
Best Use
Apartment 5plus
$1.46M
$1.28M – $1.70M
NOI $102,064 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.40M
$2.97M – $3.96M
NOI $237,721 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
929
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A 1950-built property in Bell Gardens is zoned BGR3*.
Where is this residential income property located?
The property is located at 6536 Ajax Avenue Bell Gardens, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Built in 1950; Zoned BGR3*; Wall furnace and gas range
