Bell, CA 90201,6806 CHANSLOR AVE
Bell, CA 90201,6806 CHANSLOR AVE
Bell, CA 90201,6806 CHANSLOR AVE
Bell, CA 90201,6806 CHANSLOR AVE
Bell, CA 90201,6806 CHANSLOR AVE
Bell, CA 90201,6806 CHANSLOR AVE
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$780,000

$795,000

1.9%
Est.Price: ?

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Est. payment /mo

0.28 Acres Lot


SOLD DATE : 10/20/2023

Key Details

Sold Price $780,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV23034588

Sold Date 10/20/23

HOA Y/N No

Lot Size 0.278 Acres

Property Description

One of the only opportunities to develop 5 units in the up and coming city of Bell, this property is currently in the process for approval of the development of 5 units. 3 units will be 3 bedrooms 2 bathrooms (total of 2581 sq.ft) and 2 units will be 2 bedrooms 2 bathrooms (3906 sq.ft). The current house standing is a 2 bedroom one bath on a huge 12,109 sq.ft lot (Zoning BLR3). This property is ripe for picking, near by new development have sold in the range of 500k-600k per unit and at CAP rate around 4%. Current market rents are ranging from $2,200-$2,600 for newly developed 2 bedroom units, and $3,000-$3,400 for newly developed 3 bedrooms units. Project plan check is 75% completed.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning BLR3

Interior

Fireplace No

Exterior

Community Features Valley

View Y/N No

View None

Building

Water Public

New Construction No

Others

Senior Community No

Tax ID 6327037007

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Taffy Bishara • RE/MAX OLYMPIC • 626-991-7787
Bought with Taffy Bishara • RE/MAX OLYMPIC
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4040 Barranca Pkwy, Irvine, CA, 92604

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