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    6523 Bear Ave Bell, CA 90201-2303
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    Property profile & analytics

    6523 Bear Ave, Bell, CA 90201-2303

    View on Map
    • Apartment buildings
    • 5,376 SF
    • 0.64 lot acres
    Off-Market
    Last Sale Oct 31, 2023
    Property ID
    US09-7408366
    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
    $835,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 6523 Bear Ave

    Year built
    1912
    Construction
    WOOD
    Lot size
    0.64 lot acres
    Zone code
    BLR3*
    Property type
    Apartment buildings
    APN
    6324-001-037
    APU
    6324001037

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 31, 2023 — Bear Houses Limited Partnership Gtg Crossroads LLC Grant Deed $1.2M · Jpmorgan Chase Bank NA
    Apr 13, 2011 $810,000 Japal Family Trust Ty Investment LLC Grant Deed $567k · Bank Of Internet USA
    Jan 4, 2008 $580,000 Ty Investment LLC Tseng,george Grant Deed —
    Dec 1, 2006 $580,000 George Tseng Hu,qi Q Grant Deed —
    Jul 21, 2005 — Qi Q Hu Hu Quit Claim Deed —
    Jun 10, 2002 — L Hu Hu,q Quit Claim Deed · related —
    Apr 10, 2002 $504,500 Qi Q Hu Palmer Trust Grant Deed —
    Jul 26, 2001 — Palmer Richard A Palmer,d S Quit Claim Deed · related —
    Apr 16, 2001 — Darlene S Palmer Palmer,d S Tr Quit Claim Deed · related —
    Apr 20, 1999 — Canfield,geraldine Tr — Deed Of Trust · related —
    Mar 9, 1998 — Palmer Richard A Palmer,r A & D S Quit Claim Deed · related —
    Sep 29, 1995 — Canfield,geraldine Tr Canfield,g Quit Claim Deed · related —
    Jun 24, 1993 — Geraldine Canfield Canfield,geraldi Quit Claim Deed · related $368k · Home Savings Of America
    Oct 1, 1992 $135,557 Geraldine Canfield Benken,jan B Trustees Deed · related —
    — — Jan B Benken — Deed Of Trust · related —
    — — Benken Jan B — Deed Of Trust · related $365k · Columbia Savings & Loan
    — — Benken Jan B — Deed Of Trust · related $25k · Nasch Richard A

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,000,000
      Current use

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

    Location Insight

    • Map
    • Local Demand
    City
    Bell
    County
    Los Angeles
    State
    California
    Longitude
    -118.199
    Latitude
    33.9776
    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
    $18,236
    $577,781
    $439,613
    $1,017,394
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      8202 Wilcox Ave

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      10,615 SF

      5222 Live Oak St

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      5519 Loveland St

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    Similar Nearby for Sale

    • $3,180,000
      Pending

      Cudahy Multifamily Investment Opportunity

      15-unit apartment community in Cudahy's strong rental market.
      4502 Elizabeth St, Cudahy, CA 90201
      View Details
    • 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
      $2,160,000
      5,716 SF

      Bell Gardens Multifamily Investment Opportunity

      Seven-unit multifamily property on a large lot in Bell Gardens.
      7825 Jaboneria Rd, Bell Gardens, 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
    • Contact for pricing
      6,076 SF

      Multifamily Property with Six Units

      Multifamily property featuring six units for sale.
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    Similar Nearby for Lease

    • 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
      12,365 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
    • 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
    • $1.25 SF/Yr
      18,569 SF

      Bell Gardens Warehouse with Yard

      Industrial warehouse with large yard, close to freeways.
      Bell Ave, Bell, CA 90201
      View Details
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    Bell, CA 90201-2303
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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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