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6624 Flora Ave Bell, CA 90201

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For Sale
$3,135,000

Eleven detached single-family homes on a large 0.65-acre lot.

Property size:
7,986 SF

Property Features for 6624 Flora Ave

General Information

Size
7,986 SF

Building Details

Year built
1958

Source: Luis Vazquez Agent Luis Vazquez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Eleven Detached Homes on Large Lot

Located just south of Gage Avenue, this property is situated in a well-maintained residential neighborhood, featuring primarily single-family and low-density multi-family buildings. The location provides convenient access to employment, education, and retail establishments, with the 710 and 110 Freeways within a short driving distance. Constructed in 1958, the property includes approximately 7,986 square feet of living space. It comprises 11 one-story, detached single-family homes, each featuring 2 bedrooms, 1 bath, and a one-car garage, all situated on a large 0.65-acre lot. The property is zoned BLR3YY, presenting a future development opportunity. Significant rental upside exists, approximately 166% with no rent control. Current rents are 60% of the market rate for 2-bedroom, 1-bath units. The market rent capitalization rate is 7.6%, while the current capitalization rate on below-market rents is 4.0%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Bell
County
Los Angeles
State
California
Longitude
-118.1900823
Latitude
33.9760052

FAQs

What type of property is this?
Single family property - Eleven detached single-family homes on a large 0.65-acre lot.
Where is this single family property located?
The property is located at 6624 Flora Ave Bell, CA.
What is the asking price?
The asking price for this property is $3,135,000.
What are key features of this property?
This property features: - Significant Rental Upside: Approximate 166% with no Rent Control, rents currently at 60% of market value for 2BR/1BA units.; - Rare Large Lot: Approximately 0.65 acres, offering potential for future development (Zoned BLR3YY).; - Eleven Detached Single-Family Homes: Consisting of 11 one-story, 2-bedroom, 1-bath detached homes, each with a one-car garage.
More about this property
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