Updated Sep 18, 2026
Balu Patel Purchases Mobile Home Park In Bell Gardens From Peter Lee For $2,025,000
5656 Clara Street
$2,025,000
$438/SF
Building Size
4,623 SF
Asset Type
Mobile Home
Closing
Aug 31, 2026
About this deal
AI
The property involved in this transaction is a mobile home located at 5656 Clara Street in Bell Gardens. The sale price was $2,025,000, and the property encompasses 4,623 square feet with a price per square foot of $438. It includes 25 mobile home park spaces and 5 apartment units.
Summary of transaction details:
- Property Type: Mobile Home
- Transaction Amount: $2,025,000
- Address: 5656 Clara Street
- Market: Bell Gardens
- Square Footage: 4,623
- Price Per Square Foot: $438
- Buyer: Balu Patel
- Seller: Peter Lee
- Brokers: Matthew William Guerra & Kevin Clayton - Principle Quality Investments
This transaction was conducted off-market, facilitating representation for both the buyer, Balu Patel, and the seller, Peter Lee, by brokers Matthew William Guerra and Kevin Clayton from Principle Quality Investments.
On the Map
$2,025,000
$438/SF
Mobile Home
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Players
Bell Gardens Mobile Home Market Snapshot
Boundary boundary · Mobile Home · Sale transactions
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Deal FAQ
About $438 per square foot on a published $2M for 4,623 square feet (2026).
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Browse Bell Gardens mobile home sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
7.83%
Cash-on-Cash
-2.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93