6317 Flora Avenue

    Bell, CA 90201
    • $10,000,000
    • STATUS: Active
    • ON SITE: 41 days
    • ID#: PW19239471
    UPDATED: 36 min ago
    $10,000,000
    • 0
      BEDS
    • 1.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 35,970
      SQFT
    • $278
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1956
    County:

    School Ratings & Info

    Description

    6317 Flora Avenue, a 40-unit multifamily investment property in Bell, California. This offering presents a great opportunity to acquire a mid-sized asset in a strong, market and capture over 33 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. 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+GGs library, community center, and civic center.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T23:27:40.357. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/99806650

    6317 Flora Avenue Bell, CA 90201

    • Price: $10,000,000
    • Status: Active
    • Updated: 36 min ago
    • ID#: PW19239471
    0
    Beds
    0
    Baths
    0
    ½ Baths
    1.52
    Acres
    35,970
    SQFT
    $278
    $/SQFT
    1956
    Built
    Neighborhood:
    T6 - Maywood, Bell
    County:
    Los Angeles
    Area:
    T6 - Maywood, Bell
    Property Description
    6317 Flora Avenue, a 40-unit multifamily investment property in Bell, California. This offering presents a great opportunity to acquire a mid-sized asset in a strong, market and capture over 33 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. 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+GGs library, community center, and civic center.
    Exterior Features

    Carport Spaces 40.00 Garage Spaces 0.00 Lot Features 0-1 Unit/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 40.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Laundry Features Common Area Levels Two

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features CurbsSidewalksStreet Lights Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 755400.00 Gross Scheduled Income 755400.00 Insurance Expense 16244.00 Land Lease YN No Laundry YN Yes Net Operating Income 424959.00 New Construction YN No New Taxes Expense 155765.00 Number Of Separate Electric Meters 40 Number Of Separate Gas Meters 40 Number Of Separate Water Meters 10 Operating Expense 315879.00 Professional Management Expense 22225.00 Rent Control YN Yes Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 315879.00 Trash Expense 0.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Blr3*

    Listing provided courtesy of Steven Bogoyevac of Steven M. Bogoyevac, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-19T23:27:40.357. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
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