6633 Pine Ave Bell, CA 90201
- Land
Current Use by Public Records
- Land
Property Details for 6633 Pine Ave
- Property type
- Land
- Property subtype
- Apartment buildings
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Bell
- County
- Los Angeles
- State
- California
- Longitude
- -118.19
- Latitude
- 33.9757
