Map of Property

Multi Family Development Opportunity

For Sale

6502-06 Flora, Bell, CA 90201

This Bell property for sale is located at 6502-06 Flora. The current listed sale price for Multi Family Development Opportunity is $1,171,800. Multi Family Development Opportunity is situated on a lot that is 0.43 acre in size.

Contacts

broker

Luis Vazquez

Sperry Commercial

(310) 704-9109

Property Details

  • Property Type Multi-Family
  • Property Size 4,768 SF
  • Units 6
  • Lot Size 0.43 Acre
  • Year Built 1921
  • Date Updated Feb 5, 2024
The City of Bell is located approximately 10 miles southeast of Downtown Los Angeles. Bordered by the cities of Maywood, Vernon, Huntington Park, and Cudahy, the Location is both high density and high demand for affordable Rental Housing. Access to the Property is by Gage Avenue. The Subject Property is located on a quiet, well-maintained residential street with primarily single-family residences. Bell High School is located just to the South of the Property.The Property is offered for Sale by the Bell Housing Authority and is Situated on an approximate 18,900-square-foot Foot Lot, the Property is an existing 6-unit Apartment Building in Need of a Tear Down and Redevelopment. The City of Bell has advised that the Density for Development is 30 Units per Acre plus State of CA Affordable Housing Density Bonuses. The Allowed Density will Allow for an Approximate 13-unit Development plus an Affordable Housing Density Bonus (Approximately 15%) Please see the Offering Memorandum. The Property is offered for Sale along with the nearby 6629-6633 3/4th Pine Ave, which is Approximately 20,317 Square Feet and a potential 14-unit Development plus an Affordable Housing Density Bonus. The Property is Sold 'As Is'. All Inquiries are to be through Luis Vazquez the Listing Agent

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Highlights

  • City Wants the Redevelopment of the Property(ies).
  • Across the Street from Bell High School
  • Potential Total 27- Unit Development Plus Affordable Housing Density Bonus
  • High Demand Rental Area
  • High Demand for Permanent Affordable Housing
  • Can be Purchased with 6619 Pine (located 1 block East of the Property)

Attachments

Getting around

  • 91/100

    Walk Score ®

  • 55/100

    Bike Score ®

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Location

  • City Bell, CA
  • Neighborhood Bell
  • Zip Code 90201
  • Market Los Angeles

Points of Interest

  • Commerce

    2.81 miles

  • Florence

    3.05 miles

  • Slauson

    3.16 miles

  • Firestone

    3.27 miles

  • Vernon

    3.54 miles

  • Long Beach Boulevard

    3.80 miles

  • 103rd Street/Watts Towers

    3.87 miles

  • Indiana

    3.94 miles

  • Maravilla

    4.07 miles

  • Montebello/Commerce

    4.21 miles

  • Chevron

    1.69 miles

  • 7-Eleven

    2.33 miles

  • Arco

    2.39 miles

  • Speedway Express

    2.67 miles

  • Chevron

    2.89 miles

  • Costco Gasoline

    3.02 miles

  • Arco

    3.10 miles

  • Arco

    3.23 miles

  • 76

    3.24 miles

  • Shell

    3.46 miles

  • Valet Parking

    1.53 miles

  • VIP Parking

    1.59 miles

  • Valet Parking

    2.93 miles

  • The Citidel Outlet Mall Overflow Parking

    2.93 miles

  • Park and Ride

    2.98 miles

  • Metro Park and Ride

    3.04 miles

  • VIP Parking

    3.06 miles

  • Employee Parking

    3.31 miles

  • Long Beach Blvd Park And Ride

    3.77 miles

  • Long Beach Blvd Park And Ride

    3.83 miles

  • Travelodge Inn & Suites by Wyndham Bell Los Angeles Area

    0.21 miles

  • Diamond Inn

    0.76 miles

  • Quality Inn & Suites Bell Gardens-Los Angeles

    1.66 miles

  • Rodeway Inn South Gate - Los Angeles South

    1.87 miles

  • Days Inn & Suites by Wyndham South Gate

    2.36 miles

  • Doubletree Hotel

    2.93 miles

  • The Commerce Casino & Hotel

    2.97 miles

  • Best Western Plus Commerce Hotel

    3.68 miles

  • Travelodge by Wyndham Lynwood

    3.70 miles

  • Quality Inn & Suites Montebello - Los Angeles

    3.75 miles

  • Superior Grocers

    0.64 miles

  • Food 4 Less

    1.49 miles

  • Walmart Supercenter

    1.58 miles

  • Marshalls

    1.61 miles

  • Ross

    1.69 miles

  • Marshalls

    1.70 miles

  • dd's Discounts

    2.06 miles

  • Food 4 Less

    2.25 miles

  • Curacao

    2.34 miles

  • Lucky

    2.34 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Luis Vazquez

Sperry Commercial

(310) 704-9109