Active
4272 Florence Avenue
Bell CA, 90201
$1,995,000
$55.83 per sqft
Active
0.82 Acres
Land
Listed by Michael Millea with Lyon Stahl Investment Real Estate, Inc. 310-233-2800
DRAMATIC $500K PRICE REDUCTION!! This is a Street to Street lot from Florence Ave. To Walnut St. Consisting of 35,728 sq.ft.. 105 feet of street frontage on Florence
The Northern half of the property is Zoned C-3R and the Southern 1/2 is zoned R3. The City Planing Department indicated that 24 Apartment units can be built on the site. Buyer to verify. This property has the same size lot and same zoning as the property located at 4324 Florence Blvd. . 4324 Florence blvd. is a 72 unit 46,399 sq. ft. property which is being run as a Senior Apartment Complex
4272 Florence Blvd. currently has just over 12,000 sq.ft of mixed use building built around 1920.
There is a single story 8,675 sq. Ft (which also has an additional 3,100 sq. Of mezzanine storage space).
The 8,675 sq. Ft building fronts Florence Ave and features 5 retail storefront units and 2 units that are rented as residential rental units.
Then there is a 4 bedroom + 2 bath 2,100 sq.ft. house on Walnut St.
Finally, a stand alone 2 story house of about 1,260 sq. Ft.
Currently, total rent is a very low $9,410/mo
The LA County property tax assessor recently appraised the property at $3.1M for property tax purposes.
SB24213777
MLSⓇ ID
October 15, 2024
Listed
October 30, 2024
Updated
Map
4272 Florence Avenue
Bell CA, 90201
Exterior/Building Features
Lot Size
0.82 Acres
Lot Features
Level, Rectangular Lot, Street Level
Sewer
Public Sewer
Other Property Details
Area Name
T3 - Bell Gardens, Bell E of 710, Commerce S of 26
Taxes
$35,679
Tax Frequency
Annually
Days on Market
14
Garage
No
View
No
View Description
None
County
Los Angeles
Water Source
Public
Pool
No
Zoning
BLC3R-R3*
Listing History
Date | Event | Price |
|---|---|---|
10/29/2024 | Price change | $1,995,000 -21% |
Listing Contact: 310-425-9838
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Data last updated on 10/30/2024 at 11:25 AM UTC