4355 Florence AveBell, CA 90201

Property Details for 4355 Florence Ave

Year built

1945

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

6,741 SF

Zone code

BLC3R*

Property type

Investment properties

Property subtype

Live-work space

APN

6325-025-001

APU

6325025001

Description

This 6,741 square foot retail property, situated on a 0.25-acre lot at 4355 Florence Avenue in Bell, CA, presents a compelling investment opportunity. Boasting exceptional visibility and daily traffic exceeding 33,000 vehicles, this fully operational center benefits from its prime location just off the 710 Freeway, providing easy access to greater Los Angeles. The C3R zoning allows for diverse commercial and residential uses, offering flexibility for future development or expansion. Anchored by established tenants, the property generates a stable income stream, making it an attractive turnkey investment. Its high-profile location near Veterans Park, grocery stores, and numerous restaurants enhances foot traffic and tenant appeal. The property's prime frontage on Florence Avenue ensures excellent exposure and accessibility for both patrons and tenants. This bustling Southern California location offers significant potential for maximizing returns, making it an ideal acquisition for portfolio expansion or development in a highly desirable area. The asking price is $2,000,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,936,598

  6.5%

  $1,787,629

  7%

  $1,659,941

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,281,868

  Geo Method

  $1,281,868

• Alternative Use

  Use

  Valuation

  Residential

  $2,216,660

  Hospitality

  $2,030,449

  Educational

  $1,689,310

  Medical

  $1,747,407

  Retail

  $2,627,815

Location Insight

City

Bell

County

Los Angeles

State

California

Latitude

33.9708

Longitude

-118.19

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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