6-Unit Apartment
For Sale
$1,195,000
6636 Granger Ave, Bell Gardens, CA 90201
Two detached, single-story buildings offer private patios and dedicated parking for each residence.
Property Size3,178 SF
Lot Size0.26 Acres
Price / SF$376.02
Days on Market40
Property Features for 6636 Granger Ave
General Information
Standard status
Active
Size
3,178 SF
Total Parking Spaces
12
Lot size
0.26 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
6 x 1BR/1BA
Multifamily Units
6
Parking per Unit
2
Individually Metered Utilities
gas, electricity
Amenities
private patio
Building Details
Building Size
3,178 SF
Year Built
1940
Buildings
2
Stories
1
Listing Agency:
Remax Commercial and Investment Realty
Listed By:
Nick Petrosian · License #01462598
(949) 607-7096
Source:
Highend-estates
Added: Sep 28
Changed: Oct 28
Last Checked: Nov 5 at 8:18AM
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 Remax Commercial and Investment Realty
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.
The 3,178-square-foot apartment property comprises six 1-bedroom/1-bath residences in two detached, single-story buildings on an approximately 11,126-square-foot lot. One residence is configured with 2 bedrooms and 1 bath, though its legal designation is 1 bedroom and 1 bath. Each unit has a private patio and two parking spaces, with separate gas and electric meters serving the units.
Five units have received interior renovations within approximately the last five years, including kitchen, bathroom, flooring, and finish updates. Water heaters were replaced during approximately that period; the roofs were replaced within approximately the last two years, and interior plumbing work has also been completed. The property is located at 6636 Granger Ave in Bell Gardens, California, and was built in 1940.
Five units have received interior renovations within approximately the last five years, including kitchen, bathroom, flooring, and finish updates. Water heaters were replaced during approximately that period; the roofs were replaced within approximately the last two years, and interior plumbing work has also been completed. The property is located at 6636 Granger Ave in Bell Gardens, California, and was built in 1940.
Key Highlights
- Six residences across two detached, single‑story buildings
- 3,178 square feet on an approximately 11,126‑square‑foot lot
- Five of six units renovated within approximately the last five years
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,137
Cap Rate
4.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,022,740
$1.0M
Cap Rate 7%
$730,529
$730.5K
Cap Rate 9%
$568,189
$568.2K
Market Conditions
NOI Build-Up for 3,178 SF
Gross rent
$101.1K $31.80/SF
− Vacancy
−$8.1K −$2.54/SF
EGI
$93.0K $29.26/SF
− OpEx
−$41.8K −$13.17/SF
NOI
$51.1K $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%
$1,022,740
Cap Rate 7%
$730,529
Cap Rate 9%
$568,189
Alternative Uses
Best Use
Apartment 5plus
$730.5K
$639.2K – $852.3K
NOI $51,137 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,104 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
908
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Two detached, single-story buildings offer private patios and dedicated parking for each residence.
Where is this apartment building located?
The property is located at 6636 Granger Ave Bell Gardens, CA.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: Six residences across two detached, single‑story buildings; 3,178 square feet on an approximately 11,126‑square‑foot lot; Five of six units renovated within approximately the last five years
