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    4638 Florence Ave Bell, CA 90201-4326
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    4638 Florence Ave Bell, CA 90201-4326

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    • Apartment buildings
    • 7,620 SF
    • 0.68 lot acres
    Off-Market
    Last Sale Apr 22, 2021
    $2,861,528
    Property ID
    US09-8691778
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,610,000
    Show details
    Cap Rate Potential
    4.8%
    Apartment buildings
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 4638 Florence Ave

    Year built
    1962
    Construction
    WOOD
    Lot size
    0.68 lot acres
    Property size
    7,620 SF
    Zone code
    BLC3R*
    Property type
    Apartment buildings
    APN
    6226-002-019
    APU
    6226002019

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,580,000
      ML approach
      $2,565,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,045,000
      6.5%
      $1,885,000
      7%
      $1,750,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,177,000
      Market price range: $591k - $2.18M

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,465,000
      OFFICE BUILDING
      $3,420,000
      WAREHOUSE, STORAGE
      $2,240,000
      AUTO REPAIR, GARAGE
      $2,220,000
      RETAIL STORES
      $2,060,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Bell
    County
    Los Angeles
    State
    California
    Longitude
    -118.184
    Latitude
    33.9692
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $36,135
    $1,338,182
    $848,966
    $2,187,148
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $585,000
      3,279 SF

      5931 Muller St

      APARTMENT HOUSE (5+ UNITS) • 3,279 SF
      5931 Muller St, Bell Gardens, CA 90201-6218
      View Details
    • Value Estimation
      $840,000
      5,950 SF

      6725 Perry Rd

      APARTMENT HOUSE (5+ UNITS) • 5,950 SF
      6725 Perry Rd, Bell Gardens, CA 90201-1838
      View Details
    • Value Estimation
      $655,000
      3,743 SF

      5945 Florence Ave

      APARTMENT HOUSE (5+ UNITS) • 3,743 SF
      5945 Florence Ave, Bell Gardens, CA 90201-4627
      View Details
    • Value Estimation
      $575,000
      11,905 SF

      4513 Elizabeth St

      APARTMENT HOUSE (5+ UNITS) • 11,905 SF
      4513 Elizabeth St, Cudahy, CA 90201-5786
      View Details
    • Value Estimation by Request
      2,408 SF

      6525 Emil Ave

      APARTMENT HOUSE (5+ UNITS) • 2,408 SF
      6525 Emil Ave, Bell Gardens, CA 90201-1903
      View Details
    • Value Estimation
      $2,415,000
      19,588 SF

      4720 Florence Ave

      APARTMENT HOUSE (5+ UNITS) • 19,588 SF
      4720 Florence Ave, Bell, CA 90201-4315
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,000 SF

      Five-Unit Multifamily Building For Sale

      Two-story, five-unit building with parking in Bell, California.
      6633-1/4 Pine Ave, Bell, CA 90201
      View Details
    • New
      $3,500,000
      11,960 SF

      Cudahy Multifamily Investment Opportunity

      15-unit apartment community in a strong rental market.
      4502 Elizabeth St, Cudahy, CA 90201
      View Details
    • New
      $1,650,000
      Pending

      Six-Unit Multifamily Property in Bell

      Multifamily property with separate meters and ample parking.
      6921 Sherman Way, Bell, CA 90201
      View Details
    • Contact for pricing
      6,635 SF

      Ten-Unit Apartment Property in Bell

      Ten-unit apartment building with private garages and laundry hookups.
      6800 Wilcox Ave, Bell, CA 90201
      View Details
    • $1,650,000
      6,076 SF

      Multifamily Property with Six Units

      Multifamily property featuring six units for sale.
      6921 Sherman Way, Bell, CA 90201
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      24,960 SF

      Warehouse Space with Cross Docking

      Warehouse space featuring cross-dock loading and freeway access.
      5630-5678 Bandini Blvd, Bell, CA 90201
      View Details
    • Contact for pricing
      5,704 SF

      Functional Warehouse with Small Office

      Refurbished warehouse in professionally managed business park for lease.
      7432-7440 Scout Ave, Bell Gardens, CA 90201
      View Details
    • Contact for pricing
      6,624 SF

      Distribution Space with Freeway Access

      Industrial space for lease with major street frontage and accessibility.
      4821-4845 S Eastern Ave, Bell, CA 90201
      View Details
    • $5,500 /Mo
      2,460 SF

      Industrial Space with Loft Area

      Versatile 2,460 SF industrial building with loft and gated parking.
      6476 Florence Ave, Bell Gardens, CA 90201
      View Details
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    4638 Florence Ave
    Bell, CA 90201-4326
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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