Refreshed Triplex With Three-Car
For Sale
$899,000
6901 San Luis Ave, Bell, CA 90201
Three residential units include two one-bedroom apartments and one two-bedroom apartment.
Property Size1,958 SF
Lot Size0.16 Acres
Days on Market52
Property Features for 6901 San Luis Ave
General Information
Standard status
Active
Size
1,958 SF
Total Parking Spaces
3
Lot size
0.16 Acres
Property subtype
MULTI_FAMILY
Units
Unit Mix
2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Additional Details
Public Transit
Yes
Building Details
Building Size
1,958 SF
Year Built
1953
Buildings
1
Listing Agency:
Sync Brokerage Inc.
Listed By:
Sandee Hernandez · License #01719249
(818) 492-4663
Source:
Milsteinestates
Added: Aug 18
Changed: Sep 30
Last Checked: Oct 7 at 5:47PM
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 Sync Brokerage Inc.
Investment Insights
Based on property information with market context.
This triplex at 6901 San Luis Ave includes two one-bedroom, one-bathroom apartments and a larger two-bedroom, one-bathroom unit. The exterior has been repainted, while the two-bedroom residence also features updated flooring in the living room and bedrooms along with fresh interior paint. A detached three-car garage structure is included, and the property was built in 1953.
The property sits on a 6,945-square-foot lot in Bell, California. Walk Score is 72, described as Very Walkable; Bike Score is 55, described as Bikeable; and Transit Score is 46, described as Some Transit. These metrics provide additional context for the property's access to walking, biking, and transit options.
The property sits on a 6,945-square-foot lot in Bell, California. Walk Score is 72, described as Very Walkable; Bike Score is 55, described as Bikeable; and Transit Score is 46, described as Some Transit. These metrics provide additional context for the property's access to walking, biking, and transit options.
Key Highlights
- Triplex with two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
- 6,945 sq ft lot
- 3‑car garage structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,194
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$683,880
$683.9K
Cap Rate 7%
$488,486
$488.5K
Cap Rate 9%
$379,933
$379.9K
Market Conditions
NOI Build-Up for 1,958 SF
Gross rent
$52.9K $27.00/SF
− Vacancy
−$4.0K −$2.05/SF
EGI
$48.8K $24.95/SF
− OpEx
−$14.7K −$7.48/SF
NOI
$34.2K $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 Rate 5%
$683,880
Cap Rate 7%
$488,486
Cap Rate 9%
$379,933
Alternative Uses
Best Use
Multifamily LT 5
$488.5K
$427.4K – $569.9K
NOI $34,194 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$450.1K
$393.8K – $525.1K
NOI $31,506 @ 7.0% cap · market cap 3.50%
Theoretical Best
Office A
$1.05M
$917.3K – $1.22M
NOI $73,381 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,395
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three residential units include two one-bedroom apartments and one two-bedroom apartment.
Where is this triplex located?
The property is located at 6901 San Luis Ave Bell, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Triplex with two 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit; 6,945 sq ft lot; 3‑car garage structure
