6317 Flora Avenue, Bell, CA 90201

$10,200,000
Sold Price
$10,200,000
List Price
$12,000,000
Closing Date
Feb 27, 2023
MLS#
PW22207645
Status
SOLD
Type
Multifamily

Property Description

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 Bells library, community center, and civic center. Seller financing is available;

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Courtesy of Steven M. Bogoyevac, Broker, Steven Bogoyevac. Selling Office: Steven M. Bogoyevac, Broker.