Map of Property

Tear Down - Affordable Housing Development Opportunity

For Sale

6629-6633 Pine Ave - 2nd Offer, Bell, CA 90201

This Bell property for sale is located at 6629-6633 Pine Ave - 2nd Offer. The current listed sale price for Tear Down - Affordable Housing Development Opportunity is $1,260,000. Tear Down - Affordable Housing Development Opportunity is situated on a lot that is 0.47 acre in size.

Contacts

broker
Luis Vazquez

Sperry Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 4,781 SF
  • Units 9
  • Lot Size 0.47 Acre
  • Additional Rent Contact for pricing
  • Date Updated Jul 31, 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 South of the Property. 6502 Flora located one block West of the Property is also available for Sale as a Redevelopment OpportunityThe Property is offered for Sale by the Bell Housing Authority and is Situated on an approximate 20,317-square-foot-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 14-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 6502 Flora, which is Approximately 18,900 Square Feet and a potential 13-unit Development plus Affordable Housing Density Bonus. Please note that all Property inquiries are to be through the Listing Agent - Luis Vazquez at 310-704-9109. The Property is sold 'as-is'.
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Highlights

  • City Wants the Redevelopment of the Property(ies).
  • Potential Total 27- Unit Development Plus Affordable Housing Density Bonus
  • High Demand Rental Area
  • High Demand for Permanent Affordable Housing

Attachments

Getting around

  • 90/100

    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

    3.71 miles

  • 103rd Street/Watts Towers

    3.84 miles

  • Indiana

    4.05 miles

  • Montebello/Commerce

    4.23 miles

  • Willowbrook/Rosa Parks

    4.32 miles

  • Washington

    4.34 miles

  • Soto Station

    4.84 miles

  • San Pedro Street

    5.20 miles

  • Mariachi Plaza Metro Station Entrance

    5.24 miles

  • Avalon

    5.48 miles

  • arco

    1.24 miles

  • Chevron

    1.59 miles

  • 76

    1.95 miles

  • Commerce Truck Stop

    2.20 miles

  • Speedway

    2.28 miles

  • Arco

    2.35 miles

  • Speedy Fuel

    2.36 miles

  • Shell

    2.36 miles

  • ChargePoint

    4.26 miles

  • Electric Vehicle Charging Station

    6.47 miles

  • Valet Parking

    1.45 miles

  • VIP Parking

    1.50 miles

  • The Citidel Outlet Mall Overflow Parking

    2.97 miles

  • Park and Ride

    3.02 miles

  • Metro Park and Ride

    3.08 miles

  • Employee Parking

    3.33 miles

  • Long Beach Blvd Park And Ride

    3.67 miles

  • Travelodge Inn & Suites Bell Los Angeles Area

    0.15 miles

  • Diamond Inn

    0.65 miles

  • Cudahy Inn Motel

    0.79 miles

  • Quality Inn & Suites Bell Gardens-Los Angeles

    1.58 miles

  • Corona Inn

    1.65 miles

  • Rodeway Inn South Gate - Los Angeles South

    1.75 miles

  • SureStay South Gate

    1.76 miles

  • Casa Bella Inn

    1.77 miles

  • Villa Motel

    1.82 miles

  • State Motel

    2.01 miles

  • Northgate González Market

    0.14 miles

  • Superior Grocers

    0.52 miles

  • Food 4 Less

    0.78 miles

  • Sprouts Farmers Market

    0.92 miles

  • Smart & Final Extra!

    1.29 miles

  • Walmart Supercenter

    1.46 miles

  • Marshalls

    1.47 miles

  • Ross

    1.48 miles

  • Target

    1.90 miles

  • El Super

    1.92 miles

In-Depth Research Available for this Property

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Contact Listing Broker
broker
Luis Vazquez

Sperry Commercial