6801 Eastern AveBell Gardens, CA 90201

Property Details for 6801 Eastern Ave

Year built

1990

Construction

WOOD

Lot size

0.27 AC

Property size (Sq ft)

2,436 SF

Zone code

BGR3*

Property type

Retail properties

Property subtype

Community centers

APN

6328-014-058

APU

6328014058

Description

Bell Gardens Marketplace, located at 6801 Eastern Ave, Bell Gardens, CA 90201, presents a unique opportunity for retail businesses. This expansive retail center boasts a total of 171,205 square feet and offers multiple tenancy options, with six spaces currently available, ranging from 1,020 to 18,856 square feet. The property is situated in Los Angeles County and benefits from exceptional visibility and accessibility. Ample parking is provided with 707 spaces available for customers and employees. The center enjoys a prime location adjacent to the Long Beach Freeway (710), a major thoroughfare with a daily traffic count exceeding 200,000 vehicles. This strategic position ensures high exposure to a substantial customer base. Furthermore, the property benefits from a robust trade area, encompassing a population exceeding 286,000 within a 3-mile radius and a daytime workforce exceeding 133,000 within the same area. The center is anchored by one of the highest-volume grocery stores in Los Angeles County, further enhancing its appeal and drawing significant foot traffic. The surrounding area features nearly 400,000 square feet of additional retail space at the intersection, creating a vibrant and thriving commercial environment. This is an exceptional opportunity to establish or expand your retail business in a high-demand location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,028,750

  6.5%

  $949,615

  7%

  $881,786

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,167,339

  Geo Method

  $1,167,339

• Alternative Use

  Use

  Valuation

  Residential

  $801,036

  Hospitality

  $733,745

  Educational

  $610,467

  Medical

  $631,462

  Retail

  $949,615

Location Insight

City

Bell Gardens

County

Los Angeles

State

California

Latitude

33.9714

Longitude

-118.165

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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