Map of Property

Tear Down - Affordable Housing Development Opportunity

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

  • For Sale $1,260,000
  • 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'.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Location

Getting Around

  • Walk Score ®

    90/100 Walker's Paradise

  • Bike Score ®

    55/100 Bikeable
Powered by Walk Score ®
  • City Bell, CA
  • Neighborhood Maywood
  • Zip Code 90201
  • Market Los Angeles

Points of Interest

  • Commerce

    2.81 miles

  • Florence

    3.09 miles

  • Slauson

    3.23 miles

  • Firestone

    3.27 miles

  • Vernon

    3.63 miles

  • Long Beach Boulevard

    3.71 miles

  • 103rd Street/Watts Towers

    3.84 miles

  • Indiana

    4.05 miles

  • Maravilla

    4.16 miles

  • Montebello/Commerce

    4.23 miles

  • arco

    1.24 miles

  • Chevron

    1.59 miles

  • 76

    1.95 miles

  • Commerce Truck Stop

    2.20 miles

  • Arco

    2.27 miles

  • Speedway

    2.28 miles

  • ChargePoint

    4.26 miles

  • Electric Vehicle Charging Station

    6.47 miles

  • Tesla Supercharger

    6.80 miles

  • EVgo

    7.93 miles

  • Valet Parking

    1.45 miles

  • VIP Parking

    1.51 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 by Wyndham 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

  • Domino's

    0.30 miles

  • Panda Express

    0.36 miles

  • Jack in the Box

    0.39 miles

  • Tacos El Gavilan

    0.39 miles

  • Wendy's

    0.45 miles

  • Wingstop

    0.73 miles

  • McDonald's

    0.78 miles

  • Carl's Jr.

    0.80 miles

  • Jamba

    0.89 miles

  • KFC

    0.89 miles

  • Bell High School

    0.21 miles

  • Nueva Vista Elementary School

    0.34 miles

  • Jaime Escalante Elementary School

    0.48 miles

  • Corona Elementary School

    0.48 miles

  • Maywood Academy High School

    0.48 miles

  • Orchard Academies

    0.65 miles

  • Woodlawn Elementary School

    0.65 miles

  • Saint Rose of Lima School

    0.66 miles

  • Teresa P Hughes Elementary School

    0.71 miles

  • South Gate Educational Center (East Los Angeles College)

    2.47 miles

  • Codela Pre-School

    1.34 miles

  • Montessori Academy of Downey

    3.19 miles

  • Rancho Los Amigos Daycare

    3.97 miles

  • MAOF Downey Center

    4.19 miles

  • Centro de Ninos

    4.76 miles

  • Locke Early Education Center

    5.38 miles

  • The Learning Box Childcare & Enrichment Center Inc

    5.49 miles

  • San Antonio de Padua Academy Preschool

    5.62 miles

  • Bakewell Primary Center

    5.87 miles

  • Ralph M. Parsons Preschool

    6.20 miles

Frequently Asked Questions

How much does Tear Down - Affordable Housing Development Opportunity cost?

The space currently listed for sale at Tear Down - Affordable Housing Development Opportunity asks for $1,260,000.

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

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

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Luis Vazquez

Sperry Commercial