Five-Unit Multifamily Building in
6633 1/4 - 6633 3/4 Pine Avenue, Bell, CA 90201
Attractive 5-unit building near future development, great investment opportunity.
Type:Multifamily
Property size:
5,000 SFPrice / SF:
$282/SF- Added:
- Nov 21, 2025
- Days on Market:
- 191
- Last Refresh:
- May 8 at 10:59 pm
Property Features for 6633 1/4 - 6633 3/4 Pine Avenue
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Multifamily
Listing agent Luis Vazquez License #CalDRE #00841513
Listing office Sperry Commercial Global Affiliates Irvine (310) 704-9109
Listing date Nov 21, 2025
Source Sperrycga
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Sperry Commercial Global Affiliates Irvine
HighLights
- Five‑unit building featuring a mix of unit types, including a 2BR/2BA Townhouse.
- Includes 6 parking spots: 4 garages and a 2‑car tuck‑under parking area.
- Secluded location off Pine Street, offering privacy.
- Built in the 1990s.
- Potential for increased rental income, currently at 50% of market value.
- Opportunity to purchase adjacent 10‑unit development (6629‑6633 Pine) for sale.
Overview
The property is a 5-unit building featuring two stories and approximately 5,000 square feet of living space, situated on two parcels totaling 6,317 square feet. The unit mix includes one 2-bedroom, 2-bathroom townhome unit, three 2-bedroom, 2-bathroom units on the second story, and one 1-bedroom, 1-bathroom unit. Parking is provided by four garages and a 2-car tuck-under parking area, all with concrete driveway. The property is located off Pine Avenue, behind a planned 10-unit for-sale development, providing a secluded living environment. Constructed in the 1990s, the building is located north of Bell High School in a low-density residential neighborhood consisting of single-family and multi-family homes, and south of Gage Avenue. The property is situated behind a 4-building property slated for demolition and redevelopment into an 11-unit townhome/condo development. The adjacent 10-unit multi-family development at 6629-6633 Pine is also available for sale. Rents are currently at 50% of market value.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $159.0k | $31.80 |
| − Vacancy | −$12.7k | −$2.54 |
| EGI | $146.3k | $29.26 |
| − OpEx | −$65.8k | −$13.17 |
| NOI | $80.5k | $16.09 |
5,000 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.15M
$1.01M – $1.34M
NOI $80,454 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,389 @ 7.0% cap · market cap 13.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Bell
- County
- Los Angeles
- State
- California
- Longitude
- -118.19
- Latitude
- 33.9757
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Attractive 5-unit building near future development, great investment opportunity.
Where is this apartment building located?
The property is located at 6633 1/4 - 6633 3/4 Pine Avenue Bell, CA.
What is the asking price?
The asking price for this property is $1,410,000.
What are key features of this property?
This property features: Five‑unit building featuring a mix of unit types, including a 2BR/2BA Townhouse.; Includes 6 parking spots: **4 garages** and a 2‑car tuck‑under parking area.; Secluded location off Pine Street, offering privacy.
