Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6633 1/4 Pine Ave Bell, CA 90201

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Two-story, five-unit building with parking in Bell, California.

    Type:Multifamily
    Property size:
    4,000 SF
    Lot size:
    0.15 Acres
    Added:
    Oct 23, 2024
    Days on Market:
    543
    Last Refresh:
    Mar 17 at 1:13 pm

    Property Features for 6633 1/4 Pine Ave

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.15 Acres
    Property subtype
    Multifamily

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Luis Vazquez

    Listing agent Luis Vazquez License #CA 00841513

    Listing office Sperry Commercial Global Affiliates Irvine

    Listing date Oct 23, 2024

    Source Crexi

    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

    Overview

    Five-Unit Multifamily Building For Sale

    The property is a two-story building with approximately 4,000 square feet, situated on two parcels totaling 6,317 square feet. It features five units, including two townhouses and three second-story units. Parking is provided by four garages and a two-car tuck-under parking area, with a concrete driveway. The property is located off Pine Avenue, behind a planned 11-unit development. The adjacent property at 6629-6633 Pine is also available for sale as an 11-unit development.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Bell
    County
    Los Angeles
    State
    California
    Longitude
    -118.189511
    Latitude
    33.9756544

    Nearby Similar for Sale

    • $875,000
      2,877 SF

      Corner Lot Duplex Investment

      Duplex on corner lot with fruit trees and ample parking.
      3602 Randolph, Bell, CA 90201
      View Details
    • $1,650,000
      6,076 SF

      Six-Unit Multifamily Property in Bell

      Multifamily property with separate meters and ample parking.
      6921 Sherman Way, Bell, CA 90201
      View Details
    • $889,000
      2,968 SF

      Cudahy Triplex with Garages

      Triplex in Cudahy with garages, backyards, and laundry.
      7926 Wilcox, Cudahy, CA 90201
      View Details
    • $1,350,000
      4,000 SF

      Commercial Property with Established Tenants

      Thriving commercial property with bakery and meat market in Bell.
      4026 Gage Avenue, Bell, CA 90201
      View Details
    • $879,999
      1,741 SF

      Duplex in Desirable Bell Neighborhood

      Two separate homes on one lot, ideal for family/rental.
      4860 Bell, Bell, CA 90201
      View Details
    • $1,350,000
      4,000 SF

      Commercial Property in Bell, CA

      Commercial property with bakery and meat market in Bell.
      4026 Gage Avenue, Bell, CA 90201
      View Details
    • $1,550,000
      2,878 SF

      Bell, CA Multifamily Investment

      Five-unit multifamily property in Bell, CA, near freeways and shopping.
      3427 Bell Avenue, Bell, CA 90201
      View Details
    • $1,000,000

      Auto Retail Building For Sale

      Industrial/Auto Repair/Auto Retail Building in Bell, CA.
      3500 Gage, Bell, CA 90201
      View Details
    • $875,000

      Corner Lot Duplex with Fruit

      Duplex on corner lot with fruit trees and garages.
      3602 Randolph, Bell, CA 90201
      View Details
    • $2,500,000
      6,362 SF

      Automotive Complex with Yard

      Five-unit automotive complex with yard and major street frontage.
      6921-6929 Atlantic Ave, Bell, CA 90201
      View Details
    • $1,410,000
      5,000 SF

      Five-Unit Multifamily Building in Bell

      Attractive 5-unit building near future development, great investment opportunity.
      6633 1/4 - 6633 3/4 Pine Avenue, Bell, CA 90201
      View Details
    • $1,650,000
      6,076 SF

      Multifamily Property with Six Units

      Multifamily property featuring six units for sale.
      6921 Sherman Way, Bell, CA 90201
      View Details

    FAQs

    What type of property is this?
    Apartment building - Two-story, five-unit building with parking in Bell, California.
    Where is this apartment building located?
    The property is located at 6633 1/4 Pine Ave Bell, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 5‑unit building featuring a mix of townhouses and apartments.; Includes **6 parking spots (4 garages and one 2‑car tuck‑under)**.; Located off Pine Street, shielded from street traffic.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Luis Vazquez
    Real Estate License ID: CA 00841513
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!