Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker

6317 Flora Avenue

Bell, CA, 90201

$10,200,000

$283 per ft²
$10,200,000
$283 per ft²
Sold
Sold
carpenters-square
35,970 ft²
property_type
Multi-family
calendar
Built 1956
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;
MLS® ID:
PW22207645
Listed:
9/21/22
Updated:
3/22/23
Compass
Kevin Bourland Team
Mobile: (213) 407-4754Email: kevin@kevinbourland.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
1.52 acres lot
Sewer
Public Sewer

Other Property Details

Area Name
T6 - Maywood, Bell
Association Amenities
Curbs, Street Lights, Sidewalks
Garage
No
Parking
40
Parking Total
40.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
BLR3*
Buyer Agency Compensation
1.000

Property History

Date
Event
Price
Value
10/6/22
Price Change
$11,500,000
-4%
11/2/22
Price Change
$11,000,000
-4%
1/13/23
Pending
-
-
2/27/23
Price Change
$10,200,000
-7%
2/27/23
Sold
-
-

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/22/23. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/22/23 at 5:27 PM UTC

Compass
Kevin Bourland Team
Mobile: (213) 407-4754Email: kevin@kevinbourland.com
Contact