Updated Triplex with Four-Car
For Sale
$1,065,000
6901 Wilcox Ave, Bell, CA 90201
Three-unit multifamily property with refreshed exterior components, garage parking, and private patio areas for the rear residences.
Property Size3,176 SF
Days on Market150
Property Features for 6901 Wilcox Ave
General Information
Standard status
Active
Size
3,176 SF
Total Parking Spaces
4
Property subtype
Multifamily
Occupancy
100%
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/1BA
Multifamily Units
3
Amenities
private patio areas
First Time On Market In 37+ Years
Front 3 Bed/2 Bath 1952 Built Home + Rear 1989 Built Duplex (Two 2 Bed / 1 Bath Units)
Four Garage Spaces + Private Patios For Rear Units
New Cool Roof, New Windows & Fresh Exterior Paint
No Local City Rent Control
Building Details
Building Size
3,176 SF
Units
3
Listing Agency:
South Bay Office
(424) 405-3855
Listed By:
Jonathan Weir · License #CA: 02038545
(424) 405-3855
Source:
Marcusmillichap
Added: Apr 3
Changed: Aug 29
Last Checked: Aug 29 at 1:13PM
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 South Bay Office
Investment Insights
Based on property information with market context.
Located at 6901 Wilcox Ave in Bell, California, this triplex combines a front residence with a rear duplex. The front home contains three bedrooms and two bathrooms, while each of the two rear units offers two bedrooms and one bathroom. Private patio areas serve the rear residences, and the property includes four garage spaces.
Recent physical improvements include a city-compliant cool roof, replacement windows throughout, and fresh exterior paint. The property has been held by the same ownership for more than 37 years and is situated in an infill neighborhood with access to retail, schools, and commuter corridors. The source information also identifies no local city rent control.
Recent physical improvements include a city-compliant cool roof, replacement windows throughout, and fresh exterior paint. The property has been held by the same ownership for more than 37 years and is situated in an infill neighborhood with access to retail, schools, and commuter corridors. The source information also identifies no local city rent control.
Key Highlights
- Three‑unit configuration with a front 3‑bedroom, 2‑bathroom home and rear duplex
- Rear duplex includes two 2‑bedroom, 1‑bathroom units
- Four garage spaces provide on‑site parking and storage
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
$55,464
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
5.21%
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%
$1,109,280
$1.1M
Cap Rate 7%
$792,343
$792.3K
Cap Rate 9%
$616,267
$616.3K
Market Conditions
NOI Build-Up for 3,176 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
$85.8K $27.00/SF
− Vacancy
−$6.5K −$2.05/SF
EGI
$79.2K $24.95/SF
− OpEx
−$23.8K −$7.48/SF
NOI
$55.5K $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%
$1,109,280
Cap Rate 7%
$792,343
Cap Rate 9%
$616,267
Alternative Uses
Best Use
Multifamily LT 5
$792.3K
$693.3K – $924.4K
NOI $55,464 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$730.1K
$638.8K – $851.7K
NOI $51,104 @ 7.0% cap · market cap 4.80%
Theoretical Best
Office A
$1.70M
$1.49M – $1.98M
NOI $119,029 @ 7.0% cap · market cap 11.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,273
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?
Triplex - Three-unit multifamily property with refreshed exterior components, garage parking, and private patio areas for the rear residences.
Where is this triplex located?
The property is located at 6901 Wilcox Ave Bell, CA.
What is the asking price?
The asking price for this property is $1,065,000.
What are key features of this property?
This property features: Three‑unit configuration with a front 3‑bedroom, 2‑bathroom home and rear duplex; Rear duplex includes two 2‑bedroom, 1‑bathroom units; Four garage spaces provide on‑site parking and storage
