6317 Flora AVE, Bell, CA 90201
$10,200,000
$11,000,000
7.3%
Est.Price: ?

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1.52 Acres Lot

6317 Flora AVE Bell, CA 90201

Est. payment /mo
SOLD DATE : 02/27/2023

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Key Details

Sold Price $10,200,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW22207645

Sold Date 02/27/23

HOA Y/N No

Year Built 1956

Lot Size 1.515 Acres

Property Description

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 42 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.

Seller financing is available;

Location

State CA

County Los Angeles

Area T6 - Maywood, Bell

Zoning BLR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 40

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 40

Private Pool No

Building

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6317025006

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Cash

Special Listing Condition Standard

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Listed by Steven Bogoyevac Steven M. Bogoyevac, Broker #01332755
Bought with Steven Bogoyevac Steven M. Bogoyevac, Broker
Jessica Lam

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