Five-Unit Multifamily Building For
6633 1/4 Pine Ave Bell, CA 90201
6633 1/4 Pine Ave, Bell, CA, 90201
Contact for pricing
For Sale
Contact for pricing
Pending
Two-story, five-unit building with parking in Bell, California.
Property Size4,000 SF
Lot Size0.15 Acres
Days on Market636
Property Features for 6633 1/4 Pine Ave
General Information
- Standard status
- Pending
- Size
- 4,000 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1990
Listing Agency
Sperry Commercial Global Affiliates Irvine
(310) 704-9109
Listed by
Luis Vazquez · License #CA 00841513
Source
Crexi
Added: Oct 23, 2024 Checked: Jul 17 at 8:54 am
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
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 | $127.2k | $31.80 |
| − Vacancy | −$10.2k | −$2.54 |
| EGI | $117.0k | $29.26 |
| − OpEx | −$52.7k | −$13.17 |
| NOI | $64.4k | $16.09 |
4,000 SF · lease $31.80/SF/yr · vacancy 8.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$919.5K
$804.5K – $1.07M
NOI $64,363 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.14M
$1.87M – $2.50M
NOI $149,911 @ 7.0% cap · market cap 9.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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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.
