4355 Florence Ave Bell, CA 90201-3525
- Investment properties
- 6,741 SF
- 0.25 lot acres
Current Use by Public Records
- Mirna's Beauty Salon / Beauty Salon
Property Details for 4355 Florence Ave
- Year built
- 1945
- Construction
- WOOD
- Lot size
- 0.25 lot acres
- Property size
- 6,741 SF
- Zone code
- BLC3R*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 6325-025-001
- APU
- 6325025001
Description
This 6,741 square foot retail property, situated on a 0.25-acre lot at 4355 Florence Avenue in Bell, CA, presents a compelling investment opportunity. Boasting exceptional visibility and daily traffic exceeding 33,000 vehicles, this fully operational center benefits from its prime location just off the 710 Freeway, providing easy access to greater Los Angeles. The C3R zoning allows for diverse commercial and residential uses, offering flexibility for future development or expansion. Anchored by established tenants, the property generates a stable income stream, making it an attractive turnkey investment. Its high-profile location near Veterans Park, grocery stores, and numerous restaurants enhances foot traffic and tenant appeal. The property's prime frontage on Florence Avenue ensures excellent exposure and accessibility for both patrons and tenants. This bustling Southern California location offers significant potential for maximizing returns, making it an ideal acquisition for portfolio expansion or development in a highly desirable area. The asking price is $2,000,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,035,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,020,000
- 6.5%
- $890,000
- 7%
- $955,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,065,000
- Geo Method
- $1,040,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,075,000
- Retail
- $830,000
- Mixed-Use
- $1,110,000
- Hospitality
- $910,000
- Educational
- $1,120,000
- Residential Income
- $900,000
- Energy
- $845,000
- Income-Based Land
- $965,000
- Food Service
- $945,000
Location Insight
- Map
- Local Demand
- City
- Bell
- County
- Los Angeles
- State
- California
- Longitude
- -118.19
- Latitude
- 33.9708
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA