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6317 Flora Avenue $12,000,000

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    6317 Flora Avenue Bell, CA 90201

    • 0 Beds
    • 0 Baths
    • 35,970 sq. ft.
    • Multi-Family
    • MLS# PW22207645
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    Views: 0 Days On Market: 2

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    Property Details

    6317 Flora Avenue is a 40-unit multifamily investment property in Bell, California. With a sought-after mix of all two- and three-bedroom units, this offering presents an excellent value-add opportunity with 53 percent potential upside in rents. 6317 Flora Avenue consists of 10 buildings on a large 1.52-acre lot and offers a desirable mix of 20 two-bedroom/one-bath and 20 three-bedroom/one-bath units. The units are separately metered for gas and electricity, and the property also features on-site laundry and ample carport parking with storage. The property is well-located in Bell near the intersection of Gage and Atlantic avenues and within easy walking distance of numerous dining and retail options, as well as Nueva Vista Elementary School, Maywood Academy High School, and the city of Bell's library, community center, and civic center.

    • General Features
      • Buyer Compensation 1.000 %
      • Community Features Curbs, Sidewalks
      • County Or Parish Los Angeles
      • Number Of Buildings 10
      • Number Of Separate Electric Meters 40
      • Number Of Separate Gas Meters 40
      • Number Of Separate Water Meters 10
      • Number Of Units Total 40
      • YearBuilt 1956
    • Building Features
      • Carport Spaces 40.00
      • Laundry Features Common Area
      • Levels Two
    • Property Features
      • Lot Size Acres 1.51
      • Lot Features Lot 20000-39999 Sqft
      • Pool Private Y/N 0
      • Pool Features None
      • Parking Total 40.00

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    Neighborhood

    90201 (Bell) Demographics

    30 Median Age
    16,610 Population Density (per sq. mile)
    11% College Educated
    $46,109 Estimated Median Income
    5,752 Estimated Total Home Owners
    18,480 Estimated Total Renters
    24% / 76% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    100,512 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $600,000 Median Sales Price
    5 Homes Sold
    6 New On Market

    Average Days on Market

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $12,000,000
        9/22/2022 6:34:00 PM New in Database Source: Multiple Listing Service New Value: $12,000,000

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        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 9/24/2022 3:37:43 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.