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$620,000
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6229-6229 Flora
Bell, CA 90201
3 bed 2 bath 1,681 SqFt ($368/SqFt)
5,822SqFt lot. Built 1922
Listed 2023-12-07
Ⓧ USDA Ineligible
due to location

near Bell

Latest Value Estimates: $633,032 from Quantarium on 2024-04-03. $614,000 from Collateral Analytics on 2024-04-17. $629,000 from CoreLogic on 2024-03-04. Forecast Estimate Value:$654,111 in 2025-04-01 by Quantarium. $627,382 in 2025-02-01 by Collateral Analytics.

Listed for Sale by the City of Bell Housing Authority

* Sale Pending *

The Property is a single-story duplex that is well-maintained and located on a well-maintained residential street to the North of Gage Avenue. Resting on an approximate 5, 822-square-foot lot, the Property is approximately 1, 681 square feet. and consists of 2 Separate Buildings.

On Flora the front building is a 2 bedroom single family home with a gated front yard. To the rear is the second unit (which appears to have been built in the 1960s) which hs a carport and is 1BR/1BA. The Property is sold 'as-is'. Sale Highlights: Long-Term Municipal Ownership 32% Upside in Rental Income Across the Street from Nueva Vista Elementary School Near Bell City Hall and Public Library on Pine


Presented by Luis M Vazquez at
Burton S. Young, Broker.


Property MLS #OC23222260 from CRMLS

Bedrooms: 3

Appliances: Gas Oven
Appliances YN: Yes
Laundry Features: Common Area

All Bedrooms Down, Living Room

Full Bathrooms: 2

Flooring: Carpet

Fencing: Fence YN: Yes, Fencing: Wrought Iron
Road Frontage Type: City Street
Road Surface Type: Paved

Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.1336547
Lot Size Source: Assessor
Lot Size Square Feet: 5822

Garage Spaces: 1
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport, Garage
Parking Total: 3

Number of Units: 2
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Unit-1 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Maintenance Expense: 1110.00

Number of Units Leased: 2
Tenant Pays: Cable TV, Electricity, Gas, Telephone
Vacancy Allowance: 3

Community Features: Sidewalks, Street Lights

Annual Tax Amount: 7740.00
Source Listing Status: Pending
County: Los Angeles
Cap Rate: 1.90
Other Expense: 1076.00
Source Property Type: Residential Income
Insurance Expense: 400.00
Area: T6 - Maywood, Bell
Source Neighborhood: T6 - Maywood, Bell
New Taxes Expense: 7750.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 6317024900
Source System Name: C2C

Listed 2023-12-07
$620,000
CRMLS
Sold 1986-05-01
$80,000
Public Record

Net Operating Income: 11664.00

Total Square Feet Living: 1681
Year Built: 1922
Building Features: 2
Common Walls: No Common Walls
Construction Materials: Drywall Walls, Stucco
Entry Level: 2
Entry Location: Front
Property Age: 102
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 500.00
Water Source: Public

Nueva Vista Elementary School is a public elementary school located approximately 0.1 miles away.
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Bell Senior High School is a public high school located approximately 0.5 miles away.
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Chester W. Nimitz Middle School is a public middle school located approximately 0.5 miles away.
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St. Rose Of Lima Catholic is a private elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.