6633 Pine Ave Bell, CA 90201
This exceptional Bell, CA property, located at 6629-6633 Pine Avenue, presents a compelling opportunity for multifamily development. The 14,000 square foot lot is zoned R3, allowing for the potential construction of a 10-unit townhome or condominium complex. The seller is pro-development, further enhancing the appeal of this investment. The property's classification is D, and it consists of four existing one-story buildings. The property's APN is 6325-017-092, 093, and it's offered fee simple. This prime location in Southeast Los Angeles offers significant potential for growth and development, making it an attractive investment for those seeking to capitalize on the area's expanding multifamily housing market. The possibility of increased density for affordable housing adds further value. This property is also situated near additional properties that could potentially be combined for a larger development. The asking price for this remarkable opportunity is $870,000. This represents a unique chance to acquire a well-positioned lot with significant development potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.