6904 Atlantic AveBell, CA 90201

Property Details for 6904 Atlantic Ave

Year built

1954

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

3,640 SF

Zone code

BLC3YY

Property type

Office properties

Property subtype

Office buildings

APN

6326-036-402

APU

6326036402

Description

This exceptional freestanding retail property, located at 6904 Atlantic Avenue in Bell, California, presents a compelling investment opportunity. The 3,640 square foot building sits on a 0.13-acre lot (5,400 square feet) and boasts a desirable 5.10% cap rate, making it an attractive addition to any portfolio. Built in 1954, the property is zoned C-3 and features an impressive 18-foot vaulted ceiling, providing ample space and a unique aesthetic. The strategic location on Atlantic Avenue ensures high visibility and significant traffic, with a daily vehicle count exceeding 27,000. Adding to its appeal is a secure rear yard area, offering additional functionality and potential uses. The asking price is $1,120,000, translating to a land value of $307.69 per square foot. The property's APN is 6326036402. This well-situated retail space in a densely populated area of Los Angeles County offers significant potential for growth and strong returns. The combination of high traffic, desirable zoning, and a secure outdoor area makes this a truly unique investment opportunity. Don't miss out on this chance to acquire a prime retail property in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,045,723

  6.5%

  $965,283

  7%

  $896,334

• Comparable approach

  Method

  Valuation

  Relative Method

  $692,182

  Geo Method

  $692,182

• Alternative Use

  Use

  Valuation

  Residential

  $1,196,950

  Hospitality

  $1,096,400

  Educational

  $912,192

  Medical

  $943,564

  Retail

  $1,418,965

Location Insight

City

Bell

County

Los Angeles

State

California

Latitude

33.973

Longitude

-118.187

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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