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

Property Details

  • Property Type Multi-Family
  • Property Size 4,768 SF
  • Units 6
  • Lot Size 0.43 Acre
  • Additional Rent Contact for pricing
  • Year Built 1921
  • Date Updated Jul 30, 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 has high density and high demand for affordable housing. Access to the Property is by Gage Avenue to the North. The Subject Property is 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 Sold 'As Is'. All Inquiries are to be through Luis Vazquez the Listing Agent

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Highlights

  • R3 Lot - 30 Units per Acre per City Zoning
  • Approximate 1/2 Acre Lot (18,900 Square Feet)
  • Potential 13 Unit Development Per Zoning plus Affordable Housing Density Bonus
  • Located 1 Block North of Bell High School and 1 Block South of highly trafficked Gage Avenue

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

  • Long Beach Boulevard

    3.80 miles

  • 103rd Street/Watts Towers

    3.87 miles

  • Indiana

    3.94 miles

  • Montebello/Commerce

    4.21 miles

  • Washington

    4.23 miles

  • Willowbrook/Rosa Parks

    4.38 miles

  • Soto Station

    4.72 miles

  • San Pedro Street

    5.10 miles

  • Mariachi Plaza Metro Station Entrance

    5.12 miles

  • Avalon

    5.52 miles

  • arco

    1.30 miles

  • Chevron

    1.69 miles

  • 76

    2.00 miles

  • Commerce Truck Stop

    2.11 miles

  • Speedway

    2.20 miles

  • Speedy Fuel

    2.24 miles

  • Arco

    2.30 miles

  • Shell

    2.32 miles

  • ChargePoint

    4.36 miles

  • Electric Vehicle Charging Station

    6.38 miles

  • Valet Parking

    1.53 miles

  • VIP Parking

    1.58 miles

  • The Citidel Outlet Mall Overflow Parking

    2.93 miles

  • Park and Ride

    2.98 miles

  • Metro Park and Ride

    3.04 miles

  • Employee Parking

    3.31 miles

  • Long Beach Blvd Park And Ride

    3.77 miles

  • Travelodge Inn & Suites Bell Los Angeles Area

    0.21 miles

  • Diamond Inn

    0.76 miles

  • Cudahy Inn Motel

    0.91 miles

  • Corona Inn

    1.63 miles

  • Quality Inn & Suites Bell Gardens-Los Angeles

    1.66 miles

  • Casa Bella Inn

    1.74 miles

  • Rodeway Inn South Gate - Los Angeles South

    1.87 miles

  • SureStay South Gate

    1.87 miles

  • Villa Motel

    1.94 miles

  • Randolph Hotel

    1.94 miles

  • Northgate González Market

    0.25 miles

  • Superior Grocers

    0.64 miles

  • Food 4 Less

    0.68 miles

  • Sprouts Farmers Market

    1.04 miles

  • Smart & Final Extra!

    1.27 miles

  • Walmart Supercenter

    1.58 miles

  • Marshalls

    1.59 miles

  • Ross

    1.60 miles

  • Target

    1.80 miles

  • El Super

    1.98 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