1031 Exchange Bell Gardens, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Bell Gardens due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Bell Gardens, California is a part of the Paramount/Downey/Bellflower/Norwalk Submarket submarket area, and contains zip code 90201.

Bell Gardens Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Bell Gardens, CA submarket area was $1,546, which is 21.64% lower than 2014 average rent. This represents a compounded annual growth rate of 4.00%. 2019 vacancy in Bell Gardens, CA was 1.50%.

The total population of the city of Bell Gardens, CA has grown 0.62% since 2010. As of 2018, the population was 42,331. The median household income of the Bell Gardens was $41,355, which is 31.41% lower than the national average.

  • submarket area Paramount / Downey / Bellflower / Norwalk Submarket
  • avg rent $1,546
  • rent growth 21.64%
  • vacancy 1.50%
  • median income $41,355
  • population (2018) 42,331
  • population growth 0.62%
  • vs. nat'l avg 31.41%
  • zip code 90201

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