Duplex with Two Front
For Sale
$699,999
Pending
6938 Purdy AVE, Bell Gardens, CA 90201
Duplex in Bell Gardens with two front-facing units: a 2-bedroom and a 1-bedroom.
Property Size1,348 SF
Days on Market129
Property Features for 6938 Purdy AVE
General Information
Standard status
Pending
Size
1,348 SF
Property subtype
MULTI_FAMILY
Additional Details
Highway Access
Yes
Building Details
Building Size
1,348 SF
Year Built
1964
Tenancy
Multi
Listing Agency:
Century 21 A Better Service
Listed By:
Steven Padilla · License #00957274
(562) 231-2881
Source:
Milsteinestates
Added: Jun 26
Changed: Oct 31
Last Checked: Oct 30 at 8:21PM
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 Century 21 A Better Service
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Investment Insights
Based on property information with market context.
This duplex offers two units positioned at the front of the property. One unit features 2 bedrooms and 1 bathroom, while the second unit has 1 bedroom and 1 bathroom. The layout is described as functional, providing privacy while keeping the benefits of a central location.
The property is located just off Florence Avenue in Bell Gardens. Public remarks indicate it is within walking distance of shopping centers, grocery stores, restaurants, schools, and parks, with convenient access to major freeways.
Ideal for tenants or owner-occupants who value flexible living arrangements, the duplex configuration supports multi-generational living based on the two separate unit layouts.
The property is located just off Florence Avenue in Bell Gardens. Public remarks indicate it is within walking distance of shopping centers, grocery stores, restaurants, schools, and parks, with convenient access to major freeways.
Ideal for tenants or owner-occupants who value flexible living arrangements, the duplex configuration supports multi-generational living based on the two separate unit layouts.
Key Highlights
- Two units located at the front of the property
- Unit mix: one 2‑bedroom, 1‑bath and one 1‑bedroom, 1‑bath
- Just off Florence Avenue in Bell Gardens
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,541
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$470,820
$470.8K
Cap Rate 7%
$336,300
$336.3K
Cap Rate 9%
$261,567
$261.6K
Market Conditions
NOI Build-Up for 1,348 SF
Gross rent
$36.4K $27.00/SF
− Vacancy
−$2.8K −$2.05/SF
EGI
$33.6K $24.95/SF
− OpEx
−$10.1K −$7.48/SF
NOI
$23.5K $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 Rate 5%
$470,820
Cap Rate 7%
$336,300
Cap Rate 9%
$261,567
Alternative Uses
Best Use
Multifamily LT 5
$336.3K
$294.3K – $392.4K
NOI $23,541 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$309.9K
$271.1K – $361.5K
NOI $21,690 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$721.7K
$631.5K – $842.0K
NOI $50,520 @ 7.0% cap · market cap 7.22%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,191
Businesses Nearby
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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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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Duplex in Bell Gardens with two front-facing units: a 2-bedroom and a 1-bedroom.
Where is this duplex located?
The property is located at 6938 Purdy AVE Bell Gardens, CA.
What is the asking price?
The asking price for this property is $699,999.
What are key features of this property?
This property features: Two units located at the front of the property; Unit mix: one 2‑bedroom, 1‑bath and one 1‑bedroom, 1‑bath; Just off Florence Avenue in Bell Gardens
