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Property profile

4249 Florence Ave Bell, CA 90201

OFF-MARKET
Investment properties
Property ID
US09-7411410
View Sample
7,073 SF 0.58 ac lot Built 1949
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional opportunity presents a 1,212 square foot retail space for lease within the newly remodeled Strong Tie Center, located at 4249 Florence Avenue, Bell, CA 90201. The center, totaling approximately 7,073 square feet, is situated on a 0.58-acre lot (25,392 square feet) and features two single-story buildings constructed in 1949 and extensively renovated in 2023. The property boasts a Class B rating and offers ample parking with 30 spaces (approximately 4.07 per 1,000 square feet), supplemented by readily available street parking. The available unit (Unit 4251) is move-in ready, featuring new tile flooring, lighting, painted walls, HVAC, and an ADA-compliant restroom. Access to gas is available (tenant verification required). The property's zoning is BLC3R*, and its location in the Commerce/Vernon submarket cluster of Bell offers high visibility, high traffic (41,053 cars per day), and proximity to public transit and the 710 Freeway. While two other units (1,077 SF and 998 SF) are currently leased, all units within the center benefit from recent upgrades including new lighting, ADA-compliant restrooms, HVAC systems, and fresh paint. The minimum divisible space is 1,212 square feet, with a maximum contiguous space of 1,212 square feet. The property's Assessor's Parcel Number (APN) is 6325027028. This is a prime location for businesses seeking high-traffic exposure in a thriving commercial area.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1949
Construction WOOD
Total area 7,073 SF
Lot 0.58 ac (25,392 SF)
Zoning code BLC3R*
APN 6325-027-028
UPID US09-7411410

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.84M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2018
Price N/A
2007
Price N/A
2007
$1.8M
2007
Price N/A
2005
$1.4M
2003
$1.0M

Zoning & alternative use

BLC3R* · Bell, CA
Top alternative use upside
Warehouse, storage $2.1M +58.1%
Auto repair, garage $2.1M +56.8%
Retail stores $1.9M +45.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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