Map of Property

Tear Down - Affordable Housing Development Opportunity

6629-6633 3/4th Pine Ave, Bell, CA 90201

  • For Sale $1,260,000
  • Property Type Multi-Family
  • Property Size 4,781 SF
  • Units 9
  • Lot Size 0.47 Acre
  • Date Updated Apr 1, 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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Attachments

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

Contacts

broker

Luis Vazquez

Sperry Commercial

(310) 704-9109

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • City Bell, CA
  • Neighborhood Maywood
  • Zip Code 90201
  • Market Los Angeles

Points of Interest

  • Commerce

    2.63 miles

  • Slauson

    3.18 miles

  • Florence

    3.18 miles

  • Vernon

    3.47 miles

  • Firestone

    3.48 miles

  • Indiana

    3.62 miles

  • Maravilla

    3.74 miles

  • East Los Angeles Civic Center

    3.89 miles

  • Montebello/Commerce

    3.98 miles

  • Atlantic

    4.06 miles

  • Chevron

    2.02 miles

  • 7-Eleven

    2.06 miles

  • Arco

    2.61 miles

  • Chevron

    2.66 miles

  • Arco

    2.77 miles

  • Costco Gasoline

    2.82 miles

  • 76

    2.92 miles

  • Speedway Express

    2.98 miles

  • Shell

    3.48 miles

  • Arco

    3.53 miles

  • Valet Parking

    1.64 miles

  • VIP Parking

    1.68 miles

  • The Citidel Outlet Mall Overflow Parking

    2.67 miles

  • Valet Parking

    2.70 miles

  • Park and Ride

    2.72 miles

  • VIP Parking

    2.83 miles

  • Employee Parking

    3.07 miles

  • Metro Park and Ride

    3.18 miles

  • Metro Park and Ride

    3.67 miles

  • Metro Bicycle Lot

    3.70 miles

  • Travelodge Inn & Suites by Wyndham Bell Los Angeles Area

    0.42 miles

  • Diamond Inn

    0.99 miles

  • Quality Inn & Suites Bell Gardens-Los Angeles

    1.76 miles

  • Rodeway Inn South Gate - Los Angeles South

    2.16 miles

  • Days Inn & Suites by Wyndham South Gate

    2.57 miles

  • Doubletree Hotel

    2.66 miles

  • The Commerce Casino & Hotel

    2.74 miles

  • Best Western Plus Commerce Hotel

    3.62 miles

  • Quality Inn & Suites Montebello - Los Angeles

    3.68 miles

  • Travelodge by Wyndham Commerce Los Angeles Area

    3.82 miles

  • McDonald's

    0.81 miles

  • WaBa Grill

    1.55 miles

  • Subway

    1.55 miles

  • El Pollo Loco

    1.60 miles

  • IHOP

    1.65 miles

  • Applebee's

    1.71 miles

  • Phoenix Cafe

    1.73 miles

  • Church's Chicken

    1.91 miles

  • Quiznos

    1.91 miles

  • McDonald's

    2.03 miles

  • Maywood Academy High School

    0.07 miles

  • Nueva Vista Elementary School

    0.09 miles

  • Saint Rose of Lima School

    0.23 miles

  • Huntington Park Elementary School

    0.45 miles

  • Fishburn Elementary School

    0.49 miles

  • Maywood Center for Enriched Studies

    0.55 miles

  • Nimitz Middle School

    0.58 miles

  • Maywood Christian School

    0.62 miles

  • Bell High School

    0.64 miles

  • Corona Elementary School

    0.67 miles

  • Codela Pre-School

    1.44 miles

  • Rancho Los Amigos Daycare

    4.34 miles

  • Centro de Ninos

    4.34 miles

  • The Learning Box Childcare & Enrichment Center Inc

    5.92 miles

  • Ralph M. Parsons Preschool

    6.09 miles

  • HIC Daycare

    6.19 miles

  • Gates Early Education Center

    6.31 miles

  • Top Kids Pre-School

    7.10 miles

  • Vernon Adult Day Program

    7.50 miles

  • injoy life

    8.66 miles

Frequently Asked Questions

What is the lease rate for Tear Down - Affordable Housing Development Opportunity?

Rental asking rate at Tear Down - Affordable Housing Development Opportunity is $630,000.00/YR.

What is the total square footage of Tear Down - Affordable Housing Development Opportunity?

Tear Down - Affordable Housing Development Opportunity totals 4,781 square feet.

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Contact Listing Broker

broker

Luis Vazquez

Sperry Commercial

(310) 704-9109