3-unit mixed-use Value-add property by Downtown Bell Gardens, 2 houses + 1 retail store on large lot, steps away from major national retailers and from Parkwest Bicycle Casino. Tenants Pay ALL utilities, Next to Brand-New residential condo/apartment development.
INVESTMENT HIGHLIGHTS
- High-Visibility Corner Location: Prime frontage at the intersection of Eastern Ave and Gotham St
- Strategic Mixed-Use Diversification: Rare combination of storefront retail and 2 houses, providing a balanced, recession-resistant income stream in a high-density submarket.
- Significant Value-Add Potential: Opportunity to capture immediate upside by transitioning legacy rents to market levels
- Exceptional Connectivity: Minutes from the 710 and 5 Freeway ramps, providing an effortless commute to the massive employment hubs of Commerce, Vernon, and Downtown Los Angeles.
- Dense Renter Demographics: Situated in a submarket with a 78% renter-occupied rate and over 38,000 residents within the immediate vicinity, guaranteeing a perpetual tenant base.
- Owner-User Opportunity: Ideal for a business owner looking to occupy the high-visibility retail storefront while utilizing the residential income to offset the mortgage.
- Supply-Constrained Market: Located in a "high-barrier-to-entry" zone with extremely low vacancy rates for both local-serving retail and affordable multi-family housing.
PROPERTY HIGHLIGHTS
- Bifurcated Income Stream: Versatile footprint featuring one (1) retail storefront and two (2) residential units (Mix of 1BR and 2BR layouts) suited for the local workforce.
- Individualized Metering: Tenant Pays all utilities including water and trash; Very minimum landlord responsibility
- Rare On-Site Gated Parking: Features approximately 5-7 dedicated parking spaces behind a secured gate—a massive competitive advantage and tenant draw in a high-density area.
- Flexible Zoning (BGCM): Bell Gardens Commercial/Mixed-Use zoning allows for a wide array of "By-Right" uses, including professional offices, medical suites, or creative retail.
- Large Corner Lot (±7,802 SF): The oversized lot provides excellent ingress/egress and potential for future ADU (Accessory Dwelling Unit) expansion or exterior amenity additions.
- Low-Maintenance Operation: Minimal landscaping requirements and a durable building footprint designed to minimize ongoing CAM (Common Area Maintenance) and gardener expenses.
- Efficient Management: Total unit count falls below the CA state requirement for a mandatory on-site resident manager, allowing for streamlined off-site management.
- Character & Visibility: 1930s-era architecture provides "good bones" and a distinct street presence, enhanced by approximately 65 feet of prime Eastern Avenue frontage.
EXECUTIVE SUMMARY
Growth Investment Group California is proud to present the exclusive listing of 7901 Eastern Ave, a high-visibility mixed-use asset strategically positioned on a prime corner in the heart of Bell Gardens, CA. This versatile property represents a rare "Value-Add" or "Owner-User" opportunity in one of the most supply-constrained submarkets of Southeast Los Angeles. By combining storefront retail with residential units, the asset provides a diversified income stream that is uniquely insulated against market volatility, tapping into a neighborhood characterized by a 78% renter-occupied rate.
Built in 1936, the property boasts a total of 3,192 SF on a 7,749 SF CORNER lot with approximately 65 linear feet of frontage along Eastern Avenue. Unit mix includes 1x Retail Store, 1x 3BD/1BA house and 1x 1BD/1BA house. Positioned on a high-traffic commercial artery, the property generates relentless visibility and consistent demand from premium service providers and boutique retailers. Unlike many neighboring assets, this corner-lot configuration (Eastern Ave & Gotham St) includes the massive competitive advantage of gated, on-site parking. This feature not only drives higher residential tenant retention but also provides essential accessibility for commercial clients in a high-density area where street parking is at a constant premium. Tenants pay for all utilities (water, trash, electricity and gas), making this a minimum responsibility investment for the owner.
Offered at a competitive basis below replacement cost, 7901 Eastern Ave is primed for immediate equity capture. The residential units offer a "blank canvas" for a modern renovation program, allowing a new owner to bridge the gap between legacy rents and current market ceilings. With individual metering for water, gas and electricity and no requirement for an on-site manager, the operational overhead remains exceptionally lean, maximizing Net Operating Income (NOI) from day one.
Ideally located minutes from the 710 and 5 Freeways, the property serves as a gateway to the massive employment hubs of Commerce, Vernon, and Downtown Los Angeles. Whether you are a 1031-exchange buyer seeking a stabilized cash-flow vehicle or a local entrepreneur looking to anchor a business in a high-traffic location, this asset offers the perfect marriage of commercial exposure and residential stability in a recession-resistant submarket.
Location & Connectivity
- Neighborhood Amenities: Within 0.2 miles of local retail hubs, grocery stores, and essential services. The Bicycle Hotel & Casino (1.2 miles), Walmart Supercenter (1.3 miles), Sam’s Club (2.5 miles), East Los Angeles College (ELAC) (4.1 miles), Cal State Los Angeles (CSULA) (5 miles), and Cerritos College (5.5 miles).
- Accessibility: Centrally located in the Southeast Los Angeles submarket, direct access to I-710 (0.8 miles) and I-5 (2.5 miles), and Hwy 91.