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7.6 Pro Forma CAP/40% Rental Upside 6624 Flora Ave 11 Unit Apartment Building $3,150,000 ($286,364/Unit) 4.06% Cap Rate Bell, CA 90201
INVESTMENT HIGHLIGHTS
- First Time on Market in 23 Years
- 11 Detached Single Family One Story Homes with Garage - One Story Construction
- Rents are 60% of the Market
- Rare Large.0.65 Acre Lot
- 100% Occupancy - 2 Turn Over in 3 Years
- 4.0 Current CAP/7.6 CAP on Market Rents
EXECUTIVE SUMMARY
Sperry Global Commercial is pleased to present the Property.
LOCATION:
Located just South of Gage Avenue to the North, The Property is in a well-maintained Residential neighborhood comprised primarily of single-family and low-density multi-family buildings. The location offers easy access to employment, education, and retail establishments, with the 710 Freeway and 110 Freeways within a short driving distance.
DESCRIPTION:
Built in 1958, the Property consists of approximately 7,986 square feet of living space. It is comprised of 11 one-story single-family detached Homes, each with 2 Bedrooms and 1 Bath, with a One-Car garage situated on a rare, large, approximately 0.65-acre lot.
MARKETING - OFFERS:
The Seller has asked for a Call for Offers by Friday, December 5th, 2025, but reserves the right to accept an Offer that comes in before this date. The seller will request verification of Funds with an offer and will also require a lender's letter of approval if a loan is to be obtained as part of the Purchase. The Seller will not finance the sale.
SITE INSPECTION AND VISITS:
The Tenants are not aware of the sale and are not to be disturbed or to show the interior of their homes. All property showings are to be through the listing agent - Luis Vazquez at 310-704-9109 or luis.vazquez@sperrycga.com
LOCATION:
Located just South of Gage Avenue to the North, The Property is in a well-maintained Residential neighborhood comprised primarily of single-family and low-density multi-family buildings. The location offers easy access to employment, education, and retail establishments, with the 710 Freeway and 110 Freeways within a short driving distance.
DESCRIPTION:
Built in 1958, the Property consists of approximately 7,986 square feet of living space. It is comprised of 11 one-story single-family detached Homes, each with 2 Bedrooms and 1 Bath, with a One-Car garage situated on a rare, large, approximately 0.65-acre lot.
MARKETING - OFFERS:
The Seller has asked for a Call for Offers by Friday, December 5th, 2025, but reserves the right to accept an Offer that comes in before this date. The seller will request verification of Funds with an offer and will also require a lender's letter of approval if a loan is to be obtained as part of the Purchase. The Seller will not finance the sale.
SITE INSPECTION AND VISITS:
The Tenants are not aware of the sale and are not to be disturbed or to show the interior of their homes. All property showings are to be through the listing agent - Luis Vazquez at 310-704-9109 or luis.vazquez@sperrycga.com
PROPERTY FACTS
| Price | $3,150,000 | Apartment Style | Garden |
| Price Per Unit | $286,364 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.65 AC |
| Cap Rate | 4.06% | Building Size | 8,680 SF |
| No. Units | 11 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1958 |
| Property Subtype | Apartment | Parking Ratio | 1/1,000 SF |
| Zoning | R3, Bell - R3-Allows for 30 Units per Acre plus 15% Bonus for Affordable Housing | ||
| Price | $3,150,000 |
| Price Per Unit | $286,364 |
| Sale Type | Investment |
| Cap Rate | 4.06% |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.65 AC |
| Building Size | 8,680 SF |
| No. Stories | 1 |
| Year Built | 1958 |
| Parking Ratio | 1/1,000 SF |
| Zoning | R3, Bell - R3-Allows for 30 Units per Acre plus 15% Bonus for Affordable Housing |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 11 | $1,500 | 780 |
1 1
Walk Score®
Walker's Paradise (90)
PROPERTY TAXES
| Parcel Number | 6325-016-900 | Improvements Assessment | $0 |
| Land Assessment | $211,412 | Total Assessment | $211,412 |
PROPERTY TAXES
Parcel Number
6325-016-900
Land Assessment
$211,412
Improvements Assessment
$0
Total Assessment
$211,412
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7.6 Pro Forma CAP/40% Rental Upside | 6624 Flora Ave
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