1 month on rocket

Sale Pending

5912 Ludell St, Bell Gardens, CA, 90201

$1,215,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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5912 Ludell St, Bell Gardens$1,215,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
Garage2 spaces
Year Built1942
MLS #SR24044259
Lot Size0.31 Acres
StatusSale Pending
(Pending)

About 5912 Ludell St

VERY RARE R3 ZONING on 3 UNITS with an OVERSIZED LOT. Demolish and build at least 6 units or keep and rent out. Cap rate at CURRENT rents is 5.2%! Owner may be willing to evict or help raise rent. Three addresses are 5912 (922 sq 2BR), 5910 (1986 sq 3 BR), and 5906 (704 SQ 2 BR) Ludell St. 5910 Ludell is two stories with ONLY the bottom floor rented out - you can still immediately rent out the top and get at least an extra $2,000 a month and a cap rate of over 7%! And that's WITHOUT raising rents or evicting tenants! There is a filled pool in the back that can be reinstated to add a swimming pool! More caveats! Each unit has separate meters and THEIR OWN WASHER/DRYER hookups. Separate meters. Area is developing and is ripe for gentrification. Get in while you can! Where else are you investing your money? Boring SFR's? Trying to build ADU's for 6 months? Even better - primary residence allows you to go conventional 5% down now! Buyer to verify all information. Please find in supplements Property Survey and Bell Gardens R3 Zoning rules.

Property Details

Property Features

Property Information:

  • Year Built: 1942
  • Stories: 2

Listing Office:

  • Office Name: Park Regency Realty
  • Office Phone: (818) 363-6116
  • Listing Agent: Julian Park

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Garage Space: 2 spaces

Lot Features

Lot Information:

  • Lot Size: 0.31 Acres

School Info

Assigned Schools Information:

  • Bell Gardens High School, Public District Grades 9-12
  • Bell Gardens Intermediate School, Public District Grades 6-8
  • Garfield Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: DRIVE

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,215,000

Tax Information:

  • Annual Amount: $9,581
  • Tax Year: 2021
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MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SR24044259

Listing Office:

  • Office Name: Park Regency Realty
  • Office Phone: (818) 363-6116
  • Listing Agent: Julian Park

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 7:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$9,581$545,697
2020$9,212$539,549
2019$8,892$528,970
2018$8,674$518,599
2017$8,674$508,432

History based on county public records data.

Payment Calculator

$6,132

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,709

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2523168
4
/10
  • Garfield Elementary School

  • 7425 Garfield Ave

  • 0.52 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2523169
5
/10
  • Bell Gardens Intermediate School

  • 5841 Live Oak St

  • 0.22 miles

  • Public District Grades 6-8

High School

school-card-donut-2523170
2
/10
  • Bell Gardens High School

  • 6119 Agra St

  • 0.64 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $49,648. The majority of Los Angeles County, CA residents have income between $35k-100k annually. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas


Rocket HomesCaliforniaLos Angeles CountyBell Gardens902015912 Ludell St

This home is located at 5912 Ludell St in Bell Gardens, CA and zip code 90201 in the The Southeast neighborhood. This home, which was built in 1942, sits on a 0.31 acre lot. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $1,215,000.

In March 2024, from all listings sold in Los Angeles County, CA there were more than 1690 sold above asking price, over 1316 sold below and more than 540 were sold right at the asked price. Between February 2024 and March 2024, Los Angeles County, CA real estate market has seen increase in the number of listings by 8.6%. In March 2024 median list price was $874,066 and the average listing age was 32 days.

From Rocket Homes Real Estate and based on county public records data.

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