Six-Unit Apartment
For Sale
Contact for pricing
6763 Foster Bridge, Bell Gardens, CA 90201
Two-building residential asset with varied floor plans and individual garages.
Property Size6,900 SF
Lot Size0.27 Acres
Price / SF$271.74
Days on Market26
Property Features for 6763 Foster Bridge
General Information
Standard status
Active
Size
6,900 SF
Total Parking Spaces
6
Lot size
0.27 Acres
Property subtype
Multifamily
Zoning
Assessor
Units
Multifamily Units
6
Parking per Unit
1
Building Details
Year Built
1991
Buildings
2
Units
6
Tenancy
Multi
Listing Agency:
CARNAVAL REALTY
Listed By:
Salvador Armijo · License #01278864
(626) 290-0373
Source:
Crexi
Added: Aug 9
Changed: Sep 1
Last Checked: Sep 1 at 8:32PM
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 CARNAVAL REALTY
Investment Insights
Based on property information with market context.
This six-unit apartment property includes two separate buildings totaling approximately 6,900 square feet on an approximately 11,665 square foot lot. Constructed in 1991, the property offers a mix of two-bedroom, one-and-a-half-bath residences and three-bedroom, two-bath residences. Each unit includes its own garage, providing dedicated parking for the occupants.
Located at 6763 Foster Bridge Blvd in Bell Gardens, California, the property sits within a densely developed residential setting. The surrounding area includes established housing, employment, retail, and transportation infrastructure, with access to the broader Los Angeles metropolitan employment and commercial network. The multi-unit configuration provides six separate residential tenancy streams within a manageable two-building layout.
Located at 6763 Foster Bridge Blvd in Bell Gardens, California, the property sits within a densely developed residential setting. The surrounding area includes established housing, employment, retail, and transportation infrastructure, with access to the broader Los Angeles metropolitan employment and commercial network. The multi-unit configuration provides six separate residential tenancy streams within a manageable two-building layout.
Key Highlights
- Six‑unit apartment property in Bell Gardens, California
- Two buildings totaling approximately 6,900 square feet
- Approximately 11,665 square foot lot
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
$111,027
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
5.92%
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%
$2,220,540
$2.2M
Cap Rate 7%
$1,586,100
$1.6M
Cap Rate 9%
$1,233,633
$1.2M
Market Conditions
NOI Build-Up for 6,900 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
$219.4K $31.80/SF
− Vacancy
−$17.6K −$2.54/SF
EGI
$201.9K $29.26/SF
− OpEx
−$90.8K −$13.17/SF
NOI
$111.0K $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 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%
$2,220,540
Cap Rate 7%
$1,586,100
Cap Rate 9%
$1,233,633
Alternative Uses
Best Use
Apartment 5plus
$1.59M
$1.39M – $1.85M
NOI $111,027 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.69M
$3.23M – $4.31M
NOI $258,596 @ 7.0% cap · market cap 13.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
937
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?
Apartment building - Two-building residential asset with varied floor plans and individual garages.
Where is this apartment building located?
The property is located at 6763 Foster Bridge Bell Gardens, 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: Six‑unit apartment property in Bell Gardens, California; Two buildings totaling approximately 6,900 square feet; Approximately 11,665 square foot lot
