Bell, CA 90201,6317 Flora Avenue
Bell, CA 90201,6317 Flora Avenue
Bell, CA 90201,6317 Flora Avenue
$10,200,000
Est. payment /mo
$11,000,000
7.3%
Est.Price: ?

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1.52 Acres Lot
SOLD DATE : 02/27/2023

Key Details

Sold Price $10,200,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22207645

Sold Date 02/27/23

HOA Y/N No

Lot Size 1.515 Acres

Property Description

6317 Flora Avenue is a 40-unit multifamily investment property in Bell, California. With a sought-after mix of all two- and three-bedroom units, this offering presents an excellent value-add opportunity with 42 percent potential upside in rents. 6317 Flora Avenue consists of 10 buildings on a large 1.52-acre lot and offers a desirable mix of 20 two-bedroom/one-bath and 20 three-bedroom/one-bath units. The units are separately metered for gas and electricity, and the property also features on-site laundry and ample carport parking with storage. The property is well-located in Bell near the intersection of Gage and Atlantic avenues and within easy walking distance of numerous dining and retail options, as well as Nueva Vista Elementary School, Maywood Academy High School, and the city of Bells library, community center, and civic center. Seller financing is available;
6317 Flora Avenue is a 40-unit multifamily investment property in Bell, California. With a sought-after mix of all two- and three-bedroom units, this offering presents an excellent value-add opportunity with 42 percent potential upside in rents. 6317 Flora Avenue consists of 10 buildings on a large 1.52-acre lot and offers a desirable mix of 20 two-bedroom/one-bath and 20 three-bedroom/one-bath units. The units are separately metered for gas and electricity, and the property also features on-site laundry and ample carport parking with storage. The property is well-located in Bell near the intersection of Gage and Atlantic avenues and within easy walking distance of numerous dining and retail options, as well as Nueva Vista Elementary School, Maywood Academy High School, and the city of Bells library, community center, and civic center. Seller financing is available;

Location

State CA

County Los Angeles

Area Bell (90201)

Zoning Public Rec

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Monthly Total Fees $870

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

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San Diego Regional MLS (SDMLS)
Listed by Steven Bogoyevac • Steven M. Bogoyevac, Broker
Bought with Steven Bogoyevac • Steven M. Bogoyevac, Broker
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170 Laurel St, Diego, CA, 92101, United States

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