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.
Bell is located in California. Bell, California has a population of 33,915. Bell is more family-centric than the surrounding county with 32.22% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Bell, California is $51,183. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Bell is 32 years.
The average high temperature in July is 82.8 degrees, with an average low temperature in January of 48 degrees. The average rainfall is approximately 14.5 inches per year, with 0 inches of snow per year.
