Multi Family Development Opportunity Listing Details & Market Data

6502-06 Flora, Bell, CA 90201

  • For Sale $1,171,800
  • Property Type Multi-Family
  • Property Size 4,768 SF
  • Units 6
  • Lot Size 0.43 Acre
  • Year Built 1921
  • Date Updated Feb 5, 2024
The City of Bell is located approximately 10 miles southeast of Downtown Los Angeles. Bordered by the cities of Maywood, Vernon, Huntington Park, and Cudahy, the Location is both high density and high demand for affordable Rental Housing. Access to the Property is by Gage Avenue. The Subject Property is located on a quiet, well-maintained residential street with primarily single-family residences. Bell High School is located just to the South of the Property.The Property is offered for Sale by the Bell Housing Authority and is Situated on an approximate 18,900-square-foot Foot Lot, the Property is an existing 6-unit Apartment Building in Need of a Tear Down and Redevelopment. The City of Bell has advised that the Density for Development is 30 Units per Acre plus State of CA Affordable Housing Density Bonuses. The Allowed Density will Allow for an Approximate 13-unit Development plus an Affordable Housing Density Bonus (Approximately 15%) Please see the Offering Memorandum. The Property is offered for Sale along with the nearby 6629-6633 3/4th Pine Ave, which is Approximately 20,317 Square Feet and a potential 14-unit Development plus an Affordable Housing Density Bonus. The Property is Sold 'As Is'. All Inquiries are to be through Luis Vazquez the Listing Agent

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Attachments

Highlights

  • City Wants the Redevelopment of the Property(ies).
  • Across the Street from Bell High School
  • Potential Total 27- Unit Development Plus Affordable Housing Density Bonus
  • High Demand Rental Area
  • High Demand for Permanent Affordable Housing
  • Can be Purchased with 6619 Pine (located 1 block East of the Property)

Contacts

broker

Luis Vazquez

Sperry Commercial

(310) 704-9109

Location

Getting Around

  • Walk Score ®

    Walker's Paradise (91)
  • Bike Score ®

    Bikeable (55)
Powered by Walk Score ®
  • City Bell, CA
  • Neighborhood Bell
  • Zip Code 90201
  • Market Los Angeles

Points of Interest

  • Commerce

    2.81 miles

  • Florence

    3.05 miles

  • Slauson

    3.16 miles

  • Firestone

    3.27 miles

  • Vernon

    3.54 miles

  • Long Beach Boulevard

    3.80 miles

  • 103rd Street/Watts Towers

    3.87 miles

  • Indiana

    3.94 miles

  • Maravilla

    4.07 miles

  • Montebello/Commerce

    4.21 miles

  • Chevron

    1.69 miles

  • 7-Eleven

    2.33 miles

  • Arco

    2.39 miles

  • Speedway Express

    2.67 miles

  • Chevron

    2.89 miles

  • Costco Gasoline

    3.02 miles

  • Arco

    3.10 miles

  • Arco

    3.23 miles

  • 76

    3.24 miles

  • Shell

    3.46 miles

  • Valet Parking

    1.53 miles

  • VIP Parking

    1.59 miles

  • Valet Parking

    2.93 miles

  • The Citidel Outlet Mall Overflow Parking

    2.93 miles

  • Park and Ride

    2.98 miles

  • Metro Park and Ride

    3.04 miles

  • VIP Parking

    3.06 miles

  • Employee Parking

    3.31 miles

  • Long Beach Blvd Park And Ride

    3.77 miles

  • Long Beach Blvd Park And Ride

    3.83 miles

  • McDonald's

    0.71 miles

  • WaBa Grill

    1.49 miles

  • Subway

    1.49 miles

  • El Pollo Loco

    1.54 miles

  • IHOP

    1.57 miles

  • Phoenix Cafe

    1.62 miles

  • Applebee's

    1.63 miles

  • McDonald's

    1.70 miles

  • TGI Friday's

    1.73 miles

  • Chipotle

    1.74 miles

  • Nueva Vista Elementary School

    0.24 miles

  • Bell High School

    0.32 miles

  • Maywood Academy High School

    0.38 miles

  • Corona Elementary School

    0.45 miles

  • Saint Rose of Lima School

    0.56 miles

  • Orchard Academies

    0.58 miles

  • Jaime Escalante Elementary School

    0.59 miles

  • Huntington Park Elementary School

    0.61 miles

  • Woodlawn Elementary School

    0.68 miles

  • Nimitz Middle School

    0.70 miles

  • Codela Pre-School

    1.41 miles

  • Rancho Los Amigos Daycare

    4.08 miles

  • Centro de Ninos

    4.67 miles

  • The Learning Box Childcare & Enrichment Center Inc

    5.60 miles

  • Ralph M. Parsons Preschool

    6.12 miles

  • HIC Daycare

    6.27 miles

  • Gates Early Education Center

    6.62 miles

  • Top Kids Pre-School

    7.40 miles

  • Vernon Adult Day Program

    7.48 miles

  • injoy life

    8.43 miles

Contact Listing Broker

broker

Luis Vazquez

Sperry Commercial

(310) 704-9109